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Kimchi Premium

What Is It Kimchi Premium? What Are Its Legal Implications?

18 Nov 2024

Crypto trading remains a niche activity globally, largely attracting individuals with a high tolerance for risk. However, it has gained significant popularity in South Korea, where the volume of cryptocurrency trades has surpassed that of equities on the Kospi, the country’s main stock index. Due to strict currency controls and...

‘Kimchi Premium’: Understanding South Korea’s Crypto Mania

18 Nov 2024

While cryptocurrency trading remains a niche activity in many parts of the world, South Korea has emerged as a global leader in the crypto space. The volume of crypto trading in the country has surpassed that of equities listed on the country's main benchmark index, the Kospi. A unique phenomenon...