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Tag

South Korea

10 articles

Solana Pay Targets $4 Billion Monthly Volume With KSNET Deal
Digital Assets4d ago
Solana Pay Targets $4 Billion Monthly Volume With KSNET Deal
South Korean payment processor KSNET will pilot Solana Pay across 330,000 merchants, routing 130 million monthly transactions onto the Solana blockchain
Hong Kong Tech Shorts Unwind as Korea Correlation Flips Positive
Macro & Rates5d ago
Hong Kong Tech Shorts Unwind as Korea Correlation Flips Positive
Global macro funds are closing short positions in Hong Kong tech after the 60-day rolling correlation with South Korean chip stocks swung from -0.35 to +0.15, breaking the pair trade thesis.
Mirae Asset Acquires Korbit, Puts $1T TradFi Giant Inside Korea's Crypto Stack
Digital Assets11d ago
Mirae Asset Acquires Korbit, Puts $1T TradFi Giant Inside Korea's Crypto Stack
South Korea's Mirae Asset Group, managing over $1 trillion, acquired Korbit, the nation's oldest crypto exchange, in a direct push into digital asset trading and custody.
Circle Targets South Korea's 52 Million Kakao Users for USDC Payments
Digital Assets11d ago
Circle Targets South Korea's 52 Million Kakao Users for USDC Payments
The stablecoin issuer signed a memorandum of understanding with Kakao Group to integrate USDC across KakaoTalk and Kakao Pay's vast digital ecosystem
Tether Files Korean Trademarks for XAUT, Shows Market Entry Plans
Digital Assets76d ago
Tether Files Korean Trademarks for XAUT, Shows Market Entry Plans
Tether's trademark filings in South Korea, including for its gold-backed stablecoin XAUT, position the issuer for market entry as new stablecoin regulations approach
OKX Takes 20% Stake in Coinone to Enter South Korean Market
Digital Assets79d ago
OKX Takes 20% Stake in Coinone to Enter South Korean Market
The investment gives OKX direct access to Korea's regulated crypto market through the country's third-largest exchange
Foreign Capital Exits Korea as Domestic Funds Drive KOSPI to Highs on AI Chips
Macro & Rates81d ago
Foreign Capital Exits Korea as Domestic Funds Drive KOSPI to Highs on AI Chips
Overseas investors cut Korean stock exposure for fifth straight month while local buyers push index higher on semiconductor strength
AbbVie's Aesthetics Unit Gains From Korea's Cosmetic Surgery Boom
U.S. Equities88d ago
AbbVie's Aesthetics Unit Gains From Korea's Cosmetic Surgery Boom
South Korea's expanding cosmetic surgery market signals strong growth for U.S. medical aesthetics companies like AbbVie
Bithumb Scores Major Legal Win, Igniting Confidence in Korean Crypto Market Stability
Digital Assets94d ago
Bithumb Scores Major Legal Win, Igniting Confidence in Korean Crypto Market Stability
South Korea's Bithumb exchange secured a critical legal victory, reinforcing regulatory clarity and potentially driving investor confidence across the Asian digital asset landscape as Bitcoin trades above $77,000.
Seoul Leak Allegations Ignite Risk Premium, Asia Bond Spreads Widen
Macro & Rates104d ago
Seoul Leak Allegations Ignite Risk Premium, Asia Bond Spreads Widen
South Korean official’s denial of classified intelligence leak fails to fully quell market jitters, prompting a cautious re-evaluation of regional sovereign and corporate credit risk.