Airline Stocks Glimpse Daylight with Stunning Profits in South Korea
Airline stocks have fallen substantially since March. But South Korea’s top airlines are posting surprising profits with a unique strategy.
August 19, 2020 No Comments
South Korea news.
Airline stocks have fallen substantially since March. But South Korea’s top airlines are posting surprising profits with a unique strategy.
China and South Korea passed the peak of coronavirus. The risk of a second wave of the virus remains, and precautions cannot be softened.
The South Korean government, under President Moon Jae-in, is under intense scrutiny for its handling of the coronavirus outbreak. | Source:
With “Parasite” crashing the Oscars and BTS tickets selling out in seconds, even skeptics have to admit that the Korean entertainment industry is here to say.
National Assembly of South Korea held a debate to hold eSports execs accountable for a League of Legends (LoL) scandal involving Griffin.
By CCN.com: The hurdles of using crypto in money laundering are set to increase if plans by G20 countries materialize. Per Nikkei Asian Review, G20
By CCN.com: The bitcoin bear market might be over, but it hasn’t finished claiming victims. Coinnest — South Korea’s fifth-largest crypto exchange — shut down
By CCN.com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much
Ethereum co-founder Vitalik Buterin and a bipartisan group of lawmakers urged the South Korean government to deregulate the blockchain industry. They say the current laws
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time
In yet another sign that the Crypto Winter is beginning to thaw, fundraising in the industry is once again alive and well. Ground X Corp,
U.S. Senator Bernie Sanders is running for president in 2020, and as expected, he is focusing his campaign on his signature $15 minimum wage initiative.
The government of Seoul is using ICON, the largest blockchain project in South Korea by valuation, to process information, issue documents, and conduct a wide
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as
According to a local publication Blockinpress, crypto exchanges in South Korea are struggling to adjust to changing market conditions and the 14-month-long correction. Since January
This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that
The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South
South Korea’s top cryptocurrency exchanges, even as competitors, have launched a joint initiative to strengthen their anti-money laundering efforts. According to a joint press release,
By CCN.com: US investors may soon be able to invest in one of the world’s largest bitcoin exchanges following its listing on the over-the-counter (OTC)
By CCN.com: Did you ever dream of waking up in the morning to unexpectedly find a vast amount of cash miraculously appearing in your account? That
Two major executives of Komid, a cryptocurrency exchange platform based in South Korea, have been sentenced to prison, according to a report by local Korean
Vinny Lingham, a general partner at Multicoin Capital and the CEO of Civic, believes the crypto market won’t recover any time soon. He said: The
One year ago today, the crypto bubble reached its fever pitch before the inevitable crash that occurred throughout the remainder of 2018 and has lingered
Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created
On December 10, Lee Seok-wu, the CEO of Dunamu, the parent company of South Korea’s largest crypto exchange Upbit, said that regulation is important to
The Blockchain Technology Foundation, which is also referred to as the Commons Foundation, has been based in South Korea since its inception, but recently completed
A blockchain technology pilot aimed at tracking beef through the entire food supply chain has been announced in South Korea. The pilot will be jointly
Korea Electric Power Corporation (KEPCO), South Korea’s largest power utility company has announced that it is pursuing a plan to develop a blockchain-based microgrid dubbed
Barely five months after Zeniex was launched, the South Korean cryptocurrency exchange is closing shop. The exchange, which was unveiled in May, has disclosed that
Earlier this week, a crypto exit scam in South Korea called “Pure Bit” disappeared with more than $30 million in user funds. On November 4,
A court in South Korea has ruled that the decision by a commercial bank to stop offering banking services to a cryptocurrency exchange was unlawful
While South Korea’s government policies have largely nullified the so-called ‘Kimchi Premium’ in cryptocurrency prices, the country’s central bank has called for continued monitoring into
South Korea’s government has earmarked a 5 trillion won ($4.4 billion) budget toward its ‘Growth through Innovation’ investment program in eight critical sectors with a
South Korea’s primary financial watchdog has backed the use of blockchain technology as the core infrastructure for trading stocks in the country. First reported by
A South Korean treasure-hunting company called Shinil Group recently made headlines across the world once they announced an ICO after making the big discovery of
South Korean exchange Bithumb has announced that it will open new offices in Japan and Thailand. According to local news outlet ZDNet, Bithumb is awaiting
For the first time in history, the government of South Korea has officially recognized crypto exchanges regulated financial institutions and banks. Local publications in South
Financial Services Commission (FSC), the main financial agency of South Korea, has revealed a new crypto regulatory framework and guidelines pertaining to anti-money laundering (AML)
The South Korean government’s Ministry of Strategy and Finance has refuted a recent news report that claimed authorities are preparing to levy a 10% capital
The Korea Financial Intelligence Unit (KFIU) and other local financial agencies will regulate cryptocurrency exchanges like banks, imposing strict anti-money laundering (AML) policies to ensure
The cryptocurrency market has recorded a decline of over $25 billion overnight, after an abrupt bitcoin sell-off was recorded on June 10. Analysts have attributed
South Korean cryptocurrency exchange Coinrail said it was the victim of a hack on Sunday, with reported losses of about 40 billion won ($37.2 million)
Citing money laundering concerns, South Korean cryptocurrency exchange Bithumb has banned trading in 11 countries including North Korea, Iran, Iraq. In an announcement on Monday,
Last week’s meeting between South Korean President Moon Jae-in and North Korean leader Kim Jong-un has been recorded on the ethereum blockchain, where the historic
South Korea’s ban on ICOs may have slowed things down, but it hasn’t completely stopped the flow of new digital coins on local exchanges. South
South Korean millennials are keen to invest in cryptocurrencies more than any other generation presently, according to a new report by the Bank of Korea
A partnership between major South Korean cryptocurrency exchange Bithumb and mobile payment service provider Pay’s aims to make cryptocurrencies available at thousands of stores across
Fifty-two-year-old Jung Ki-joon led the regulatory effort to implement tighter controls on cryptocurrency trading. He was found deceased at home on Sunday, according to a South Korean
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