South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders

Publikováno: 19.7.2022

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A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice.
As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on domestic exchanges at significantly higher prices than on international trading platforms. This is usually due to spikes in demand among retail investors in South Korea....
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