UmairWhat We Know About the Detentions of Student Protesters
The Trump administration is trying to deport pro-Palestinian students and academics who are legally in the United States, a new front in its clash with elite schools over what it…
Despread: 70% of South Korean Crypto Investors Profited in 2024, Driven by BTC, XRP, and ETH
A recent report by Despread Research reveals that 70% of South Korean crypto investors made a profit in 2024, with BTC, XRP, and ETH being the most popular holdings. Optimism…
South Korean exchange UPbit saw massive earnings growth in 2024 amid regulatory hiccups
Dunamu, the parent company of South Korea’s largest crypto exchange UPbit, reported a significant increase in earnings for 2024, defying ongoing regulatory challenges. Chosun Bix, citing the firm’s annual business…
Global Automakers React to Trump’s 25% Tariff on Imported Cars
Mexico deployed thousands of National Guard troops to the border to deter migrants from reaching the United States. South Korea said it would invest $21 billion in expanding U.S. manufacturing.…
Tata Motors, Eicher Motors, And Other Auto Ancillary Firms Brace For Impact Of Trump Tariffs
Last Updated:March 27, 2025, 08:38 IST Auto & auto parts makers like Tata Motors, Eicher, Sona BLW brace for Trump’s 25% tariff on foreign car imports, impacting margins. Global automakers…
Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai Motor, a South Korean conglomerate known for its automobiles, will invest $21 billion to expand manufacturing in the United States in what President Trump said was proof that his…
South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to…
Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s…
South Korea to Trial CBDC With 100,000 Users and 7 Banks
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore.…
Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S.…
