Latest News and Articles about Kimchi Premium
South Korea Considers Foreign Crypto Investment with Strict AML Compliance
South Korea Eyes Foreign Crypto Investment Amid Regulatory Challenges Imagine a world where the infamous “Kimchi Premium” is no more. South Korea’s Financial Services Commission (FSC) might just make this a reality by considering allowing foreign investors into its cryptocurrency market, provided local exchanges meet stringent anti-money laundering (AML) requirements. This potential policy shift could […]
Read MoreSouth Korean Court Sentences Crypto Gang for Exploiting Kimchi Premium
South Korean Court Jails Kimchi Premium Crypto Trading Gang A South Korean court has sentenced four members of a “kimchi premium” crypto trading gang to jail, following their exploitation of the price disparity between cryptocurrencies in South Korea and international markets. South Korean court sentences four for exploiting kimchi premium. Gang smuggled $273.7 million out […]
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