The Raid That Stunned an Ally Nearly 500 armed officers stormed Hyundai Motor Group’s EV battery plant construction site in Georgia, detaining 475 workers—most of them South Korean nationals. Workers described the raid as chaotic, with some hiding in ducts and others fleeing into a sewage pond before being caught. The incident immediately froze construction…
Robinhood Signals a Potential Listing A significant rally has been sparked in the Ondo Finance (ONDO) token after Robinhood, a major trading platform, added a dedicated landing page for the project on its website. This move, which was intercepted by tracking bots, strongly signals that a full listing may be imminent, even though Robinhood has…
South Korea’s Crypto Landscape in Flux The cryptocurrency market in South Korea is currently experiencing a dynamic period, marked by a palpable shift in investor confidence. This change has been significantly influenced by recent regulatory developments and the overall sentiment of investors within the nation, which stands as the world’s sixth-largest economy. South Korea has…
The South Korean Bitcoin market has entered an unusual “discount mode,” with prices consistently trading below the global average for 12 consecutive days. This marks the deepest and most sustained “Kimchi discount” observed in 2025, a stark contrast to the historical “Kimchi premium,” where Bitcoin typically fetches higher prices in the region. This price deviation…
Cryptocurrency ownership in South Korea is experiencing a significant surge, with a substantial 27% of individuals aged 20 to 50 now holding digital assets. This notable increase is highlighted by new research from the Hana Institute of Finance, which also reveals that a strong 70% of these investors intend to expand their crypto holdings. Bitcoin…
South Korea has clinched the title of Asia’s top-performing stock market in the first half of 2025, a remarkable rally propelled by an aggressive embrace of digital assets. Under the new leadership of President Lee Jae-myung, the nation’s economic policies have undergone a dramatic transformation. This surge is largely attributed to Lee’s pro-crypto stance and…
More than a quarter of South Koreans aged 20 to 50 now own digital assets, with their crypto investments constituting 14% of their total financial portfolios, according to a recent report from the Hana Institute of Finance. The study, titled “2050 Generation’s Virtual Asset Investment Trends,” reveals that interest in crypto spans various age groups.…
Just days after President Lee Jae-myung’s inauguration, South Korea’s Democratic Party has introduced a bold new legislative package aimed at transforming the country’s digital asset landscape. The proposed Digital Asset Basic Act, formally submitted on June 10, sets out to establish a comprehensive regulatory framework for cryptocurrencies, stablecoins, and digital asset service providers. Lawmaker Min…
Hwang Jung-eum Apologizes After Embezzling ₩4.3 Billion for Cryptocurrency Investment SEOUL— South Korean actor Hwang Jung-eum, best known for her lead roles in popular dramas, has publicly apologized after admitting in court to embezzling billions of won from her own company to invest in cryptocurrency. In a heartfelt statement released through her agency, Y.One Entertainment,…
Cryptocurrency Goes Popular in South Korea’s Election Cryptocurrency is the main topic of conversation in South Korea as presidential elections draw near, set for June 3. Kim Moon-soo, the People Power Party candidate and former labor minister, has raised eyebrows with his proposals of integrating digital currency into national economic policy. According to statistics, as…
