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South Korea
445 TokenPost stories are tagged South Korea. The newest appear first.
Latest South Korea stories
- NVIDIA Releases Dynamo Recipes for Four Korean Open AI Models
The configurations target multi-GPU inference on B200 hardware for models from SK Telecom, LG AI Research, Upstage and Motif Technologies.
· Technology
- South Korea’s KOSPI Jumps More Than 5% as Chip Stocks Rebound
Samsung Electronics and SK Hynix each gained more than 5% as investors returned to AI-linked investments after last week’s selloff.
· Investing
- South Korea’s KOSPI Rises 4.55% Above 5,200 in Early Trading
SK Hynix gained 6.7%, while Samsung Electronics rose 5% alongside the index’s opening advance.
· Investing
- South Korean Minister Says Contracted Nvidia GPU Supply Is Unaffected
The Nov. 9 assurance covers GPUs already under contract as South Korea expands AI data center capacity tied to Nvidia hardware.
· Technology
- Upbit Scheduled About Five Hours of Service Suspensions for Maintenance
The South Korean exchange set the window for noon to 5 p.m. ET Nov. 8 (17:00–22:00 UTC), with the end time subject to change.
· Business
- NVIDIA Shares Fall 5.66%; Companies Announce South Korean AI Agreement
The MOU adds Rebellions' Rebel R200 processors to a planned GPU-NPU system, with deployment expected in 2028.
· Business
- South Korea Weighs 15% to 20% Cap on Crypto Exchange Shareholders
Existing platforms may receive one to two years to sell excess shares, while officials are weighing voting-rights limits as an alternative to an ownership ceiling.
· Regulation
- Upbit Trading Value Displayed at 454.87 Billion Won.
The alert also displayed a 42.4% decline but did not identify the comparison period or baseline.
· Investing
- GOPAX Halts Trading and Withdrawals as It Plans a Cold-Storage Move
The South Korean exchange paused deposits and standard withdrawals early Friday. Customers can still request withdrawals through support, though manual processing may take longer.
· Technology
- GOPAX Suspends Withdrawals After Hack Threat, Moves Funds Offline
The halt took effect Friday, Nov. 6, as the South Korean exchange began shifting most of its hot-wallet assets into offline storage. No asset damage had been reported at the time.
· Technology
- GOPAX Suspends Crypto Deposits, Withdrawals and Trading, Requires Manual Requests
Open orders were canceled, and withdrawal requests will be reviewed and processed in sequence. GOPAX says it plans to move all crypto assets to cold wallets.
· Business
- Samsung Electronics Co-CEO 卢泰文 Buys 3,000 Shares for 630 Million Won
The purchase lifted his holdings from 124,280 to 127,280 shares as Samsung Electronics stock faced a recent sharp decline after the U.S. midterm elections.
· Business
- South Korea Waives Stock-Margin Collateral Rule for Three Months
The KOSPI fell 6.02% after triggering its 11th circuit breaker of the year, then recovered part of its intraday loss.
· Regulation
- South Korea Sees No Clear Sign of Contraction in AI Investment or Semiconductor Demand
Participants cited major AI firms’ investment plans and the spread of agentic AI. They also viewed expanding long-term supply contracts at South Korean chipmakers as support for near-term demand.
· Technology
- Samsung Electronics, SK Hynix Market Value Falls About 2,261 Trillion Won From June 22
Their combined value fell 54.52%, while their share of the KOSPI’s total market value dropped to 46.5% from 55.7%.
· Investing
- A Three-Month Waiver of 140% Rule Was Proposed at South Korea Meeting
The proposal would suspend the maintenance collateral ratio requirement for securities firms’ credit financing. The meeting tied further stabilization measures to wider stock-market volatility.
· Regulation
- South Korea’s KOSPI Triggers Circuit Breaker as Nikkei Enters Bear Market
The KOSPI fell 8.55% before trading resumed, while Japan’s Nikkei 225 dropped more than 20% below its June closing high.
· Investing
- South Korea’s KOSPI Drops More Than 8%, Triggering Trading Halt
The circuit breaker paused trading for 20 minutes as the index’s sharp decline signaled a risk-off move for global markets.
· Investing
- Samsung and SK Hynix Fall More Than 10% in Korean Trading
KOSPI 200 futures fell 7.9%, while Nikkei 225 futures traded 6.26% below Thursday’s close.
· Investing
- South Korea Plans Steps After Samsung, SK Hynix Shares Fall
The finance minister said the government would act to keep stock-market reactions from straying excessively from fundamentals after the chipmakers fell 12% and 15% in Nextrade premarket trading.
· Regulation
- Tokenized iShares MSCI South Korea ETF (EWY) Falls 1.22% as Price Sits Below Averages
EWY last traded at $137.95 on Nov. 7. Derivatives positioning leaned long, while chart readings remained weak.
· Investing
- India Flags AI-Assisted Campaign as South Korea Urges Exchange Security After Binance Hack
India identified an AI-assisted campaign targeting financial firms. South Korea’s regulator called for stronger controls after Binance estimated $6.3 billion in affected token assets.
· Technology
- Korea Blockchain Industry Promotion Association Seeks Central Bank Node Role in Tokenized Securities
As South Korea considers proposed tokenized-securities rule changes, the proposal would open validation, consensus and query nodes to qualified technology firms while leaving securities-recording authority and ledger …
· Regulation
- Seoul Court Dismisses Dunamu's Suit Accusing Bithumb of API Copying
Dunamu, which operates Upbit, had sought about $140,000 in damages. The court ordered Dunamu to pay litigation costs.
· Regulation
- South Korea Proposes Crypto Loss Carryforwards Through 2032
The plan would tax annual net gains above 2.5 million won at 22% and exclude losses from before 2029.
· Regulation
- KORU Drops 22.45% as 88.8% of Binance Global Accounts Were Long
KORU traded below its seven-day, 20-day and 50-day averages, while Binance Futures open interest fell 12.1% to $85.47 million.
· Investing
- EWYUSDT Snapshot Shows 5.51% Drop as Low Breaks Listed Support
The 24-hour low was $130.72, below listed support at $130.89, while the quote sat below six listed moving averages.
· Investing
- South Korea’s KOSPI and KOSDAQ Trigger Stabilization Measures
At 1:25 a.m. ET, KOSPI was down 5.5% and KOSDAQ had fallen 5.11% as worries over data-center policy weighed on AI-related shares.
· Investing
- Samsung Executive Says Won Stablecoin Could Enter Wallet If Issued
Park Hyun-soo named no issuer or launch date. South Korea’s tokenized-securities rules are scheduled to take effect Feb. 4, 2027, while stablecoin-linked payments depend on separate legislation.
· Regulation
- South Korea's Government Seeks to Delay Crypto Gains Tax Until 2029
The proposal would let investors carry losses forward for three years to offset later gains. Both changes require legislation.
· Regulation
- Upbit Schedules CARDS Trading in KRW, BTC and USDT Markets
Trading was scheduled to begin at 2:30 a.m. ET (07:30 UTC) Nov. 5, or 4:30 p.m. KST in South Korea.
· Business
- South Korea Has Not Begun Sanctions Talks Over Binance Theft
A South Korean official said the government still lacks a full account of the incident. The FBI has attributed the theft to North Korea.
· Regulation
- South Korean Finance Authorities Will Track U.S. AI Policy After Midterm Elections
They will also monitor U.S. tariff policy and the Middle East conflict while preparing for possible financial market volatility.
· Regulation
- Japan's Nikkei Enters Bear Market as South Korean Stocks Fall 6%
The Nikkei closed more than 20% below its June peak, while South Korea's KOSPI fell 6.02% after triggering its 11th circuit breaker of the year.
· Investing
- South Korea’s KOSPI Briefly Falls 5.23% as Chip Stocks Slide
SK Hynix fell 8.52% as investors weighed a Texas governor-elect’s proposed pause on data-center approvals.
· Investing
- South Korea’s KOSPI Cuts Losses After More Than 8.5% Drop, Still Down 5%
SK Hynix was down 6.9% and Samsung Electronics 4.2% at the reported snapshot.
· Investing
- South Korea’s KOSPI Narrows Losses to Under 4% After Trading Resumes
The index had been down 6.8% after an early selloff; SK hynix and Samsung Electronics fell 7.99% and 7.3% in early trading.
· Investing
- Dunamu Proposes Stronger Crypto Inheritance Protections in South Korea
The proposal focuses on protecting a user's digital assets after death and helping heirs locate them.
· Regulation
- South Korea Plans Immediate Incident Notices for Virtual Asset Service Providers
New guidance would require providers to notify two financial bodies immediately after discovering a security incident. Broader legislation is targeted for submission in the first quarter of 2027.
· Regulation
- South Korea Plans Immediate Crypto Incident Reporting to Two Agencies
The Financial Services Commission announced the guidance plan Nov. 5 as authorities pursue a broader security law by the first quarter of 2027.
· Regulation