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Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade


Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...

South Korea’s Bitcoin Premium Persists Amid Market Volatility


Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023...

Crypto Firm’s CEO Stabbed in Court During Fraud Trial in Seoul


The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was taken to a hospital. Crypto Platform’s...

40 Nations Join US and South Korea in Combating North Korean Crypto Crimes


The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb...

The Fastest Trains In The World Feel Like Amusement Park Rides


So you like going fast, huh? Well, unfortunately for you, the law says speeding is illegal, and even on a race track, you’ll be lucky to see speeds higher than 150 mph unless you’re in something wildly expensive. The easiest way to get your speed fix would be to ride some of the fastest roller...

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