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    INTERVIEWAhn Hyo-seop wanted to share dedicated love with 'A Time Called You'

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Wed, October 4, 2023 | 14:34
Crypto stocks display increased volatility due to 'crypto security' debate
Crypto stocks display increased volatility due to 'crypto security' debate
Crypto-linked stocks are displaying increased volatility after a U.S. court ruled that cryptocurrencies are securities, reversing a precedent on Ripple's token XRP a few weeks ago. The ruling by a Manhattan federal judge came as a bane to overall crypto sentiment, with major cryptocurrencies - such as Bitcoin and Ethereum - displaying weak performances following the decision....
2023-08-03 17:09
Prosecution to launch joint investigative team for crypto crimes
Prosecution to launch joint investigative team for crypto crimes
A joint investigation team focusing exclusively on cryptocurrency-related financial crimes will be launched by prosecutors and financial authorities as early as next month, according to the Seoul Southern District Prosecutors' Office, Wednesday. It will be first time for such a joint investigative team handling cryptocurrency crimes to be set up within the structure of prosec...
Anna J. Park | 2023-07-12 16:52
Financial authorities revise accounting rules for crypto assets to raise transparency
Financial authorities revise accounting rules for crypto assets to raise transparency
Companies that either hold digital assets or have issued cryptocurrencies will be obligated to start disclosing such information publicly next year. Detailed information - including the amount, expected financial value and business models using the cryptocurrencies held or issued by companies - shall be written down in the commentary section of their financial statements.
Anna J. Park | 2023-07-11 15:43
Gov't to focus on revitalizing economy in 2nd half
Gov't to focus on revitalizing economy in 2nd half
The government will place top priority on reinvigorating the economy in the second half of this year by expanding financial support for exporters and bolstering domestic demand through more incentives for local travel, the finance ministry said Tuesday. Reflecting sluggish exports, the ministry lowered its 2023 economic growth outlook from 1.6 percent to 1.4 percent, which is...
2023-07-04 17:05
Major Korean crypto exchanges to operate system alerting users of abnormal trading
Major Korean crypto exchanges to operate system alerting users of abnormal trading
An alert system that notifies users of abnormalities in cryptocurrency trading was launched in Korea, an alliance of local crypto exchanges said Tuesday.
2023-07-04 15:55
Upbit tackles information asymmetry in digital assets market
Upbit tackles information asymmetry in digital assets market
Unlike stock markets, digital assets markets run 24 hours a day. This entails potential high returns along with risks. While investors are provided with diverse information in traditional markets such as stocks and real estate, digital assets markets face the problem of information asymmetry.
2023-06-27 14:41
Bitcoin eyes 3rd straight day of gains after touching two-month high
Bitcoin eyes 3rd straight day of gains after touching two-month high
Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny.
2023-06-22 08:59
Crypto yield platforms Haru Invest, Delio face class-action lawsuits
Crypto yield platforms Haru Invest, Delio face class-action lawsuits
Two crypto platforms in Korea, Haru Invest and Delio, are expecting class-action lawsuits from investors, a few days after they abruptly suspended customer deposits and withdrawals. According to legal circles and media reports, Friday, 410 investors from Haru Invest and 120 investors from Delio have launched a Kakao group chat to prepare for a lawsuit.
2023-06-16 16:14
Blockchain technology on path to becoming more publically accessible
Blockchain technology on path to becoming more publically accessible
Lambda256, a blockchain subsidiary of Korea's dominant crypto exchange operator Dunamu, expects its representative blockchain platform - Luniverse - to gradually expand its footing as a more globally influential service with its price competitiveness and market responsiveness, the firm's CEO Park Jae-hyun said during a recent interview.
2023-06-07 08:15
Crypto exchanges face manpower exodus amid market doldrums
Crypto exchanges face manpower exodus amid market doldrums
Korea's major crypto exchanges are facing a manpower exodus amid a prolonged winter in the global crypto industry. Some of them are also taking steps to streamline their organizational structure to defend against falling trade revenue.
2023-06-06 15:51
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Top 10 Stories
1Public transit fares to increase in Seoul and Busan this week Public transit fares to increase in Seoul and Busan this week
2Ruling party vows to investigate China's alleged influence operations Ruling party vows to investigate China's alleged influence operations
3Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW Genesis GV80 Coupe looks to compete with Mercedes-Benz, BMW
4Korean steelmakers on alert over initiation of EU carbon border tariff Korean steelmakers on alert over initiation of EU carbon border tariff
530 out of 74 major financial companies lack female board member 30 out of 74 major financial companies lack female board member
6Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar Korean shipbuilders seek lead over Chinese rivals in selling LNG carriers to Qatar
7Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales Hyundai, Kia to extend earnings rally on strengthening dollar, solid sales
8Lawmakers want chairmen of financial firms held accountable over misconduct Lawmakers want chairmen of financial firms held accountable over misconduct
9Dong-A Socio Group's honorary chairman passes away at 96 Dong-A Socio Group's honorary chairman passes away at 96
10Returning home from Chuseok holiday Returning home from Chuseok holiday
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