Bitcoin’s Drop to $30,000 Spurs Strong Buying Trend Among Investors, Setting Stage for Future Price Increase
Bitcoin Investors Eyeing Strong Buying Opportunities as Price Drops to $30,000 Analysts are optimistic about the future of Bitcoin as investors view the recent price drop to around $30,000 as a prime buying opportunity. This growing demand for low-priced Bitcoins indicates a positive sign for potential price increases. Investors Cite Low Bitcoin Market as Reason […]
The Phenomenon of Pump-and-Dump: Examining Fluctuations in the Price of Virtual Assets and Digital Currencies
Fluctuations in the price of virtual assets and digital currencies A recent study has revealed that a significant number of ‘Kimchi Coins’ issued by domestic companies or traded primarily in Korea exhibit a suspicious price pattern known as ‘pump and dump’. This phenomenon, where the price experiences a sudden surge followed by a steep decline, […]
Bitcoin Sees Slight Rise Amidst Deregulation Anticipation Despite ETF Failure
Bitcoin, the largest cryptocurrency, is experiencing a slight increase in value as the anticipation of deregulation outweighs the disappointment of not securing a spot on the exchange-traded fund (ETF) listing. As of 8:23 am on the 2nd, Bitcoin, the leading virtual asset based on market capitalization, is valued at 40,724,000 won, representing a 0.44% increase […]
South Korean National Assembly Passes Act for the Protection of Consumers of Virtual Assets
Virtual Asset Consumer Protection Act Approved by National Assembly By Hwang Ji-hyun, Reporter The National Assembly’s plenary meeting on the 30th witnessed the successful passage of the ‘Act for the Protection of Consumers of Virtual Assets’. The bill, designed to regulate unfair trade in virtual assets and safeguard consumers, gained significant support with 265 votes […]
South Korean National Assembly Passes Act for the Protection of Virtual Asset Consumers
Act for the Protection of Consumers of Virtual Assets Passes in National Assembly By Hwang Ji-hyun, Reporter The ‘Act for the Protection of Consumers of Virtual Assets’ has successfully passed the plenary meeting of the National Assembly on the 30th, aiming to regulate unfair trade practices and safeguard consumers. With 265 votes in favor and […]
[가봤더니] Break through the chasm directly by communicating directly with Deal investors
[딜사이트 황지현 기자] Delio’s ‘Investors Report Meeting’ I visited on the morning of the 17th was almost a house of mourning. One user in the website spoke in a low voice, “Looks like you’ve come to sympathize.” Other users waited silently for the door to Lolfa Delio to open. Contrary to the concerns of some, […]
Haruinbe’s Controversial Domino Effect… Dealing also stopped withdrawals
[딜사이트 황지현 기자] With the deposit suspension and withdrawal by Haru Invest, a domestic virtual asset deposit service company, the concern of virtual asset investors is growing. To make matters worse, even Delio, a company registered as a virtual asset service provider (VASP) with the financial authorities, has stopped withdrawals, and the damage is expanding. […]
SKT “Explosive growth must be linked to token securities and virtual assets”
The Power of the People The Digital Assets Committee, the Korea Management Information Association, and the Korea Corporate Law Research Institute held a discussion on the issuance of token securities (STO) at the Hall of Members of the National Assembly on the 5th. /Photo = Watch Biz “We expect the market to grow explosively when […]
Jeon Hyun-hee to the National Assembly, “If you are sincere in the investigation of virtual assets, please submit a personal information consent form”
Policy to launch a complete count of members of the National Assembly Argument for the ACRC’s political fairness “Formation of an investigation team in accordance with the request of the National Assembly” Anti-Corruption and Civil Rights Commissioner Jeon Hyun-hee speaks at a press conference on urgent matters held at the Seoul Government Center on the […]
Unverified coin inventory… Weak basis for punishment
To protect virtual asset investors, there is a growing voice that exchanges should strengthen their project verification responsibilities. /Photo = Watch Biz In order to protect the investors of virtual assets, there is a growing voice that the back-regulation of listed coins should be strengthened. It is noted that there is not even a legal […]
