South Korea Q1 GDP grows 1.8% quarter-on-quarter, beating advance estimate

Insider Brief South Korean startup CarbonSix has announced raising $40 million in Series A funding to expand its robotics and AI systems for manufacturing. The round inlcuded South Korean and U.S. investments and was co-led by DSC Investment and LB Investment, according to the company. New investors included IMM Investment, Korea Development Bank, SV Investment, […]

Rising inflation in South Korea may prompt sustained monetary tightening, impacting economic growth and influencing global crypto markets. The post South Korea’s consumer inflation hits highest level since December 2023 appeared first on Crypto Briefing.

The shift to 24-hour won trading could enhance global market integration, offering better risk management for exporters but may increase volatility. The post South Korea’s biggest lenders boost trading desks ahead of 24-hour won trading appeared first on Crypto Briefing.

South Korea referred suspected crypto market manipulation cases to prosecutors. Bank of Korea plans tokenized government bonds after Project Hangang success. Project Hangang advances digital finance with unified ledger infrastructure. South Korea is tightening oversight of its digital asset sector while expanding blockchain-based financial infrastructure. Authorities have referred suspected crypto market manipulators to prosecutors as […] The post South Korea Cracks Down on Crypto Whales as BOK Pushes Tokenized Bonds appeared first on Live Bitcoin News.

The won's decline exacerbates import costs and investor losses, potentially destabilizing South Korea's economic resilience and market appeal. The post South Korean won falls to weakest level since 2009 at 1,557 per dollar appeared first on Crypto Briefing.

South Korea’s FSC referred two crypto manipulation cases to prosecutors, including a whale accused of a pump-and-dump scheme.

South Korea's crackdown on crypto manipulation highlights increased regulatory vigilance, potentially deterring future market abuses globally. The post South Korea prosecutes crypto whale for alleged pump-and-dump scheme appeared first on Crypto Briefing.

South Korea's economic reliance on AI chip exports risks instability, as sector concentration may lead to uneven growth and potential asset bubbles. The post South Korea exports surge 70.9% on AI chip boom, strongest growth since 1978 appeared first on Crypto Briefing.