A top Elliott Wave expert from Korea believes XRP could reach between $10 and $40 soon, potentially increasing by up to 1,726% from its current price. XForceGlobal notes that XRP is completing a correction phase and is primed for a significant bull run. They have identified a “WXY corrective pattern,” signaling an end to the ...
Apple has blocked 14 cryptocurrency apps following a request from South Korea’s financial regulator, the Financial Services Commission (FSC). These apps, including those from crypto exchanges like KuCoin and MEXC, were deemed illegal as none were registered with the regulator, which is a legal requirement for operating in the country. The ban, effective after April ...
Apple has blocked access to 14 cryptocurrency apps at the request of South Korea’s financial services regulator. This includes popular exchanges operated by KuCoin and MEXC, which the regulator states were operating illegally because they hadn’t registered as required. Apple must prevent these apps from being installed or updated after April 11. The Financial Services ...
In South Korea, a father named Kim Jungu is using generative artificial intelligence to help his five-year-old son, Dohun, turn his drawings into videos and stories. Each week, the family picks a book to read and discuss together, enriching Dohun’s knowledge. While Kim believes AI can spark his son’s creativity and curiosity about topics like ...
In South Korea, a father named Kim is using generative artificial intelligence to transform his son’s drawings into videos and stories, creating a new kind of playtime. Each week, the Kim family visits the library to read together and discuss topics of interest. Kim carefully designs AI sessions for his five-year-old son, Dohun, where they ...
South Korea is launching a pilot project called “Project Han River,” allowing 100,000 residents to use digital currency for payments from April 1 to June 30. The Bank of Korea will issue tokenized deposits through major banks, enabling eligible users aged 19 or older to make purchases at various local stores and online platforms. Each ...
KODA, South Korea’s largest digital asset custodian, has partnered with Core, Bitcoin’s first Proof of Stake blockchain. This integration allows users to access the CORE token and supports the growth of regulated Bitcoin staking services in Korea. As Bitcoin adoption rises in the country, KODA is leading the way by expanding Bitcoin DeFi opportunities. The ...
The Bank of Korea has confirmed that it will not add Bitcoin to its foreign exchange reserves due to concerns over its price volatility, which could create high transaction costs when converting it to cash. Additionally, Bitcoin does not meet the International Monetary Fund’s guidelines for managing foreign exchange reserves. In contrast, the United States, ...
At a recent forum hosted by South Korea’s Democratic Party, financial experts urged the government to consider adding bitcoin to its national reserves and to develop a won-backed stablecoin. With the U.S. planning to create a “national strategic reserve of cryptocurrencies,” experts argue that South Korea must respond clearly to remain competitive. They highlighted the ...
Alchemy Pay is expanding its reach in South Korea by investing in EZPG Co., Ltd., a prominent e-finance platform. This investment allows Alchemy Pay to register as an Electronic Financial Business, which is overseen by South Korea’s Financial Supervisory Service. The partnership enables Alchemy Pay to offer various electronic financial services, including crypto payment solutions ...
