An official at the South Korean Finance Ministry said on Wednesday, “he was closely monitoring exchange rates as dollar/won could shoot up further.” “The won was weakening this week mainly as the …
South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced on 18 August it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By …
Overseas Crypto Exchanges Are Refraining From Doing Business in South Korea
The deadline for crypto exchanges targeting South Koreans to register before the financial watchdog and getting a license under the new rules is looming.
Overseas Crypto Exchanges Are Refraining From Doing Business in South Korea
The deadline for crypto exchanges targeting South Koreans to register before the financial watchdog and getting a license under the new rules is looming.
SoftBank-Backed Karrot Becomes $2.7 Billion Korea Unicorn
The startup behind local-marketplace app Karrot has raised $162 million from investors including DST Global, joining a growing list of unicorns in South Korea that are eyeing global expansion as …
Operator of South Korea’s Largest Exchange Rolls Out ‘Travel Rule’ Solution in Singapore
The blockchain research arm of Upbit’s operator has launched its VerifyVASP in Singapore, a solution for combating crypto money laundering.
Seoul mates: Korea retail investors are bankers’ best buddies amid record IPO fees
Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed – and bankers are betting a buzzing deal …
Seoul mates: Korea retail investors are bankers’ best buddies amid record IPO fees
Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed – and bankers are betting a buzzing deal …
LINE’s Crypto Exchange to Cease Activity in South Korea Ahead of Regulatory Deadline
The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations.
Seoul mates: Korea retail investors are bankers’ best buddies amid record IPO fees
Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed – and bankers are betting a buzzing deal …