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KRW
Page 2 of KRW news, latest stories & analysis
New regulations forces OKEx South Korea to close operations
Cryptocurrency exchange OKEx has announced it will be shutting down its South Korea operations amidst the implementation of strict anti-money laundering regulations in the country.OKEx says it’s not willing to comply with the new lawApart from the regulatory concerns, OKEx says the company took the winding down decision…
March 24, 2021
Asian traders might be helping XRP growth in fear of missing out
Ripple Labs’ coin, XRP, recently started seeing a major price surge. The coin grew by over 45% on a weekly basis, even managing to overtake the fourth spot on the list of largest cryptos by market cap from Litecoin (LTC). The interesting part is that all of this was possible…
January 9, 2021
Binance enters the Korean market with a special trading deal
In the midst of the chaos that has surrounded the crypto market in recent weeks, Binance quietly announced its recent expansion to the Korean market. The world’s leading exchange said that Binance KR will go live within days. Now, however, it revealed that Binance KR will run…
April 2, 2020
Samsung confirms one of its South Korean workers as Coronavirus positive
The recent outbreak of Coronavirus in China continues to toll on businesses from across the world. Confirmed cases of the virus are starting to appear in different regions of the world. In a recent development, Samsung Electronics declared on Saturday that one of its workers at its Gumi (southeastern city)…
February 24, 2020
Samsung announces new presidents for smartphone and network equipment divisions as Huawei threatens its position as the mobile market leader
The Korean top smartphone manufacturer, Samsung Electronics, announced its executive Roh Tae-moon as the new chief for its smartphone business on Monday. Samsung is currently facing broad challenges in keeping its leading position in the mobile phone market as China’s Huawei Technologies continue to sharply rise in demand across the…
January 20, 2020
Samsung Electronics expects the sharpest decline in annual profits in over a decade
As per the forecast, 2019 is likely to mark the sharpest decline in annual profits for Samsung Electronics in over a decade. As such, investors are now interested in seeing if the market for memory chips can catch steam and offset Samsung’s annual loss. Samsung is expected to announce…
January 7, 2020
Samsung to unveil new devices in Mobile World Congress on February 11th
Samsung is planning on introducing its new devices on February 11th in San Francisco, running a new wave of excitement among the Samsung users. The tech company is also expected to reveal its latest foldable phone and the new S model. As per Samsung representatives, the company wishes to keep…
January 6, 2020
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