kimchi premium

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Market Wrap: Bitcoin Rallies Ahead of Senate Compromise
Bitcoin and ether remain well bid as U.S. senators reach a compromise on the crypto provision of the infrastructure bill.
Bitcoin 24-hour chart

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Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
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Bitcoin 'Kimchi Premium' Fades Amid South Korean Exchange Crackdown, Price Sell-Off
The premium measures the spread between bitcoin's price on Korean exchanges and other venues.
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CoinDesk - Unknown
Macau Considers e-CNY Rollout; Kimchi Premium Arbitrage on the Rise
Macau, one of the largest casino hubs globally, is studying the feasibility of CBDC applications with the help of the Chinese central bank. Top South Korean banks urge the banking industry to reject suspicious remittance applications as kimchi premium arbitrage rises.
CoinDesk - Unknown

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Bitcoin Drops 6% in Korea, Shrinking the 'Kimchi Premium'
Bitcoin lost ground after Upbit suspended KRW deposits and withdrawals.
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The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.
Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was
Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.
The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

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Bitcoin Retail FOMO Brings a Heap of 'Kimchi Premium' to S. Korea
Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.
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Bitcoin's 'Kimchi Premium' Returns With $1K Price Spreads on Crypto Exchanges
The spread between the price of bitcoin on South Korean and U.S. exchanges reached as high as $1,000 this weekend, a sign market inconsistencies are returning with price action.
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