Search results for "KIM"
06:10

The ruling party and the opposition party in South Korea have significant differences over the stablecoin regulation bill.

Odaily News South Korea's ruling party and opposition party submitted stablecoin regulatory bills on Monday, showing significant differences on whether to prohibit interest payments to users. The bill proposed by Democratic Party member Ahn Doo-jae explicitly prohibits interest payments on stablecoins and requires issuers to provide 100% reserve support, with a minimum capital of 5 billion won; ruling party People Power Party member Kim Eun-hye did not restrict interest payments and emphasized promoting innovation and enhancing information disclosure. Both proposals grant the Bank of Korea regulatory authority. (Decrypt)
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22:39

White House: Trump is willing to talk with Kim Jong-un

Jin10 data July 29 news, on July 28 local time, the White House stated that U.S. President Trump is still willing to engage in dialogue with North Korean leader Kim Jong-un to achieve complete denuclearization of the Korean Peninsula.
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TRUMP-2.56%
09:24

South Korean President Lee Jae-myung approved Kim Min-sik to serve as Prime Minister.

Jin10 data July 3 news, on July 3 local time, South Korean President Lee Jae-myung approved Kim Min-sok as the Prime Minister of South Korea. Earlier that day, the South Korean National Assembly held a plenary session to vote on the appointment of Prime Minister candidate Kim Min-sok. A total of 179 lawmakers attended the meeting, and the appointment of Prime Minister candidate Kim Min-sok was approved with 173 votes in favor, 3 votes against, and 3 invalid votes.
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06:09

Kim Min-seok will be appointed as the Prime Minister of South Korea.

Jin10 reported on July 3 that the South Korean National Assembly held a plenary session today to vote on the appointment of Prime Minister candidate Kim Min-seok. A total of 179 members attended the meeting, and the appointment proposal for Prime Minister candidate Kim Min-seok was approved with 173 votes in favor, 3 against, and 3 invalid votes.
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15:22

Trump: Iran cannot have nuclear weapons, that's all.

ChainCatcher News, according to Kim Shi, when talking about the Iran-Israel conflict, Trump said, "My patience has run out and I have told Israeli Prime Minister Benjamin Netanyahu to move on." However, there is no indication that we will be able to help more. Iran cannot have nuclear weapons, that's all. As for Iran's Supreme Leader Ayatollah Ali Khamenei, good luck to him!
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TRUMP-2.56%
05:45

The Ethereum Foundation announced a new organizational structure, prompting analysis from industry experts.

Gate News bot reported that recently, cryptocurrency researcher Christine Kim raised several questions about the latest organizational structure released by the Ethereum Foundation. The structure shows that Tim Beiko, Barnabé Monnot, and Alex Stokes will take on multiple roles, including leading all R&D teams and managing their respective teams. They will be responsible for L1 and L2 scaling and user experience (UX) improvements over the next 12 months. Christine Kim pointed out that there are several matters to be clarified in the architecture diagram, involving the identification of team leaders with bold names, the specific purposes of the highlighted sections, as well as Tim's protocol coordination and project supervision scope. She also raised questions about the color grouping system, including the grouping methods for consensus mechanisms and account abstraction, as well as issues related to the combination logic of Testing and pandaops. Source: Wu Says
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ETH-1.63%
07:58

Macquarie: South Korean stocks are set to rebound and enter a bull run.

On June 10, Daniel Kim, head of South Korea research at Macquarie Group, wrote in a report on Tuesday that the South Korean stock market is expected to rebound and is expected to enter a bull market. Kim said the current political situation in South Korea is similar to that in 2000 and 2007, when South Korea's presidents were from the Democratic Party. The agency believes that the government of South Korea's new Democratic Party President Lee Jae-myung is likely to implement expansionary fiscal policy and support the stock market. He added that the Democratic Party of Korea (DPK) has been a strong supporter of minority shareholder value and business law reform, which should be positive for the stock market. South Korea's KOSPI closed up 0.56% at 2,871.85 points today, the highest since July 11, 2024. Since the beginning of the year, the index has risen nearly 20%.
KIM25.38%
00:28

The President of South Korea has appointed the former CEO of Hashed Research as the head of the Policy Office.

Gate News bot message, South Korean President Lee Jae-myung appointed former Hashed Research CEO Kim Yong-bum as the head of the presidential policy office. This position is at the ministerial level and is responsible for formulating national policy directions. Kim Yong-bum previously served as the Deputy Minister of Economy and Finance in the Moon Jae-in administration. Hashed CEO Simon Kim stated: "The Lee Jae-myung administration has taken an open stance on cryptocurrencies and plans to promote a stablecoin pegged to the Korean won to prevent the outflow of national wealth." Simon Kim also mentioned that South Korean regulators are closely watching the U.S. cryptocurrency policies and considering referencing its regulatory model. Source: CoinDesk
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KIM25.38%
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05:23

The South Korean National Assembly may approve the tokenization securities bill.

According to Gate News bot, South Korea's parliament may be about to approve a draft tokenized securities bill that will eventually give South Korean companies the right to issue blockchain tokens linked to real estate, raw materials, livestock, and copyrighted works. Two bills proposing to institutionalize tokenized securities are under consideration by the Congressional Political Affairs Committee. The bill was drafted by MPs Min Byeong-deok and Kim Jae-seop. Since last December, when former President Yoon Suk-yeol tried unsuccessfully to impose martial law, the National Assembly has been effectively deadlocked. But with the inauguration of Democratic Party (DP) President Lee Jae-myung yesterday, the deadlock is expected to be broken. Democrats have an absolute majority in Congress. Senior party officials have repeatedly called on the Seoul Metropolitan Government to legalize the issuance of security tokens (STOs).
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STO-5.96%
04:19

South Korea's new president Lee Jae-myung announced support for encryption ETF and the development plan for the Korean won stablecoin.

Gate News bot, according to news reports, South Korea's Left Party candidate Lee Jae-myung defeated his right-wing opponent Kim Moon-so, who received 41.15% support, with 49.42% of the votes, and was successfully elected as the new president of South Korea. Lee Jae-myung said that he will actively promote the development of South Korea's cryptocurrency industry, including opening up local spot cryptocurrency ETFs, developing the won stablecoin market, improving the digital asset regulatory system, and relaxing blockchain regulation in specific regions to promote innovation. As one of the largest Crypto Assets markets in the world, South Korea currently has about 9.7 million trading users, accounting for 20% of the country's total population. Against the backdrop of a shift in the Financial Services Commission's attitude, Lee Jae-myung is expected to advance his encryption policy implementation, contrasting with the previous president Yoon Suk-yeol's failure to fulfill the crypto-friendly commitments.
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04:14

The new President of South Korea, Lee Jae-myung, has promised to support the launch of a Crypto Assets ETF and a won stablecoin.

On Tuesday, South Korea's voter turnout reached 79.4%, the highest level in 28 years. Lee Jae-myung defeated right-wing opponent Kim Moon-soo with a vote rate of 49.42% (41.15%). Lee Jae-myung vowed to address South Korea's urgent economic challenges, including providing more support for low-income families and small business owners, while also committing to laying a more solid foundation for South Korea's Crypto Assets industry. Lee Jae-myung's Crypto Assets commitments include the launch of Spot Crypto Assets ETF in South Korea. Since the unexpected success of the U.S. Crypto Assets ETF, South Korean financial authorities have been considering this plan. As of today, any local issuance and trading of Crypto Assets ETF are prohibited. Another key initiative is the approval of stablecoins pegged to the Korean won. Lee Jae-myung stated during a discussion last month that South Korea needs to establish a stablecoin market based on the Korean won to prevent domestic capital outflows.
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20:09

The vote counting for the South Korean presidential election has ended, with Lee Jae-myung receiving 49.42% of the votes.

Jin10 Data, June 4th - At around 5:03 AM local time on June 4th, the counting work for the 21st presidential election in South Korea came to an end. According to the counting results, Lee Jae-myung, the candidate from the Democratic Party, received 49.42% of the votes, Kim Moon-soo, the candidate from the People Power Party, received 41.15%, and Lee Jun-suk, the candidate from the Reform Party, received 8.34%.
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16:50

Lee Jae-myung: Will engage in dialogue with North Korea after officially being elected.

On June 4, Lee Jae-myung said that after being officially elected, he would work hard to end the current political chaos, boost the South Korean economy, and return the lives of the South Korean people to normal as soon as possible. Lee Jae-myung said that he would stabilize the situation on the peninsula as soon as possible and start a dialogue with the DPRK to seek a win-win situation. At the end of his speech, Lee Jae-myung called on the South Korean people to bridge their differences and work together. As of 1:20 local time on the 4th, the vote rate of the 21st presidential election in South Korea has reached 80%, with Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, with 48.37% of the votes, and Kim Moon-so, the presidential candidate of the People's Power Party, with 43.93% of the votes.
16:37

South Korean presidential candidate Kim Wen-soo announces defeat

Jin10 reported on June 4 that as of 1:20 AM local time on the 4th, the vote counting rate for the 21st presidential election in South Korea has reached 80%. The Democratic Party's presidential candidate Lee Jae-myung has a vote rate of 48.37%, while the People Power Party's presidential candidate Kim Moon-soo has a vote rate of 43.93%. The People Power Party's presidential candidate Kim Moon-soo announced his defeat and congratulated Lee Jae-myung.
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16:17

Lee Jae-myung thanks the South Korean people.

Golden Ten Data, June 4, in the early hours of this morning, Lee Jae-myung, the presidential candidate of the Democratic Party of South Korea, arrived at the rally before the National Assembly and expressed his gratitude to the South Korean people. Moon Jae-in congratulated Lee Jae-myung on his victory as the 21st president of South Korea. Preliminary vote counts showed that Lee Jae-myung received 48.5 percent of the votes, and Kim Moon-so, the presidential candidate of the ruling party, received 42.9 percent of the votes, and the difference between the two votes has exceeded 1.36 million votes.
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11:06

Exit polls show Lee Jae-myung will win the South Korean election by a landslide.

According to ChainCatcher news and Jin10 reports, the voting for the 21st presidential election in South Korea officially ended at 8 PM local time on June 3rd, and the exit polls were subsequently announced. After the voting ended, the exit poll results released by the three major mainstream television stations in South Korea—Korean Broadcasting System (KBS), Munhwa Broadcasting Corporation (MBC), and Seoul Broadcasting System (SBS)—indicate that Lee Jae-myung, the candidate of the largest opposition party, the Democratic Party of Korea, will win the election by an overwhelming margin that exceeds the margin of error. According to an exit poll by Korea Culture Broadcasting Corporation (MBC), Democratic Party candidate Lee Jae-myung received 51.7 percent of the vote, National Power Party candidate Kim Moon-so received 39.3 percent of the vote, and Reform New Party candidate Lee Jun-seok received 7.7 percent of the vote.
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11:04

Exit polls show Lee Jae-myung winning the South Korean election by a landslide.

Golden Finance reported that at 20 o'clock local time on June 3, the voting in South Korea's 21st presidential election officially ended, and exit polls were announced one after another. After the vote, the results of exit polls released by the three major television stations of Korea Broadcasting Corporation (KBS), Korea Culture Broadcasting Corporation (MBC), and Seoul Broadcasting Corporation (SBS) showed that Lee Jae-myung, the candidate of the largest opposition party, the Democratic Party of Korea, will win the election by a landslide that exceeds the margin of error. According to an exit poll by the Korea Culture Broadcasting Corporation (MBC), Lee Jae-myung, the candidate of the Democratic Party of Korea, received 51.7 percent of the vote, Kim Moon-so, the candidate of the National Power Party, received 39.3 percent of the vote, and Lee Jun-seok, the candidate of the New Party for Reform, received 7.7 percent of the vote.
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03:54

The share of DEX spot trading volume rose to 25% in May, a record high

In May 2025, the share of DEX spot trading volume reached 25%, setting a new historical high, close to the CEX market share. PancakeSwap ranked first, with a total trading volume of 410.2 billion USD, and it is expected that DEX will surpass CEX by 2028. Kim believes that the rise of DEX benefits from the meme coin craze, the lowering of Wallet thresholds, and the decline in user trust towards CEX.
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KIM25.38%
00:32

The final poll results of the South Korean elections have been released.

On May 28, according to Korean media reports, there are only 6 days left before the 21st presidential election in South Korea, and the poll results released on the 28th show that the support rate of Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, is 49.2%, the support rate of Kim Moon-so, the presidential candidate of the National Power Party, is 36.8%, and the support rate of Lee Jun-seok, the presidential candidate of the Reform New Party, is 10.3%. This was the last poll conducted before the release of the results of the general election poll was banned.
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14:28

Kim Moon-soo reinstated as a presidential candidate for South Korea

Jin10 reported on May 10th that the ruling party members in South Korea voted to veto the proposal to replace the presidential candidate, restoring the eligibility of candidate Kim Moon-soo immediately. Previously, Han Duck-soo, the former Prime Minister of South Korea who was nominated as the representative of the ruling party, stated that he accepted the will of the people and the ruling party members, and sincerely hoped that the candidate Kim Moon-soo from the People Power Party and the People Power Party could achieve victory in this election.
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14:28

Kim Won-soo restored his eligibility as a presidential candidate of South Korea.

Jin10 News on May 10, South Korea's ruling party members voted to veto the proposal to replace the presidential candidate, restoring the eligibility of candidate Kim Moon-soo immediately. Previously, Han Duck-soo, the former Prime Minister of South Korea who was nominated as the representative of the ruling party, expressed that he accepts the will of the people and the ruling party members, sincerely hoping that the candidate Kim Moon-soo and the People Power Party can achieve victory in this election.
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02:19

Korean Election Eve: The Three Major Candidates Announce Virtual Asset Policy Proposals

According to the Gate.io News bot, as reported by Point Daily, the number of virtual asset investors in South Korea has reached 16 million, accounting for 36% of the national electorate. Before the presidential election on June 3, the three main candidates successively announced their virtual asset policies. The candidate from the Democratic Party, Lee Jae-myung, plans to promote virtual asset legislation and invite token securities experts to participate; the candidate from the People Power Party, Kim Moon-soo, proposed to open up the National Pension to invest in crypto assets, ETF trading, and relax regulatory restrictions; the candidate from the third party, Lee Jun-seok, suggested easing blockchain regulations and promoting industry development.
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06:37

The results of the ruling party's primary elections for the next South Korean general election have been announced, with Kim Moon-soo and Han Dong-hoon emerging victorious.

On April 29, Jin10 reported that on the afternoon of the 29th local time, the results of the second round of the ruling party's primary election for South Korea's next general election were announced. Former Minister of Employment Kim Moon-soo and former ruling party leader Han Dong-hoon emerged victorious, and the two will continue to the third round of the primary election. Recently, there have been reports in South Korean political circles that acting President Han Duck-soo might also resign from public office to run for election, and he could potentially merge with the ruling party candidate into a single candidate. Therefore, it is still unclear who will represent the ruling party in the election.
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18:05

Stripe has developed a new product based on stablecoin, which has entered the testing phase.

Gate news bot reports that payment company Stripe is developing new products based on its acquisition of the stablecoin service platform Bridge. Developer Jen Kim revealed that the product has entered the testing phase, and the team is collecting user feedback. The product is primarily aimed at markets outside of the US, EU, and UK. According to TheBlock, specific functional details of the product have not yet been disclosed.
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KIM25.38%
05:58

The People Power Party of South Korea plans to promote the "Basic Law on Digital Assets" to regulate the virtual asset market.

According to the Gate.io News bot, Newsis reported that the Korean National Power Party announced it will promote the formulation of the "digital asset basic law" aimed at regulating the virtual asset market and balancing investor protection with industrial innovation. Kim Sang-hoon, chairman of the Policy Committee of the People Power Party, stated that the current government's regulation has made it impossible for overseas capital to enter the South Korean market, resulting in capital outflow. He proposed to end ambiguous regulation and usher in an era of digital asset cultivation. Member of Parliament Park Soo-min plans to announce specific details of the virtual asset policy on April 28.
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11:06

Singapore has set up an inter-agency working group to address the U.S. tariffs

Gate.io News bot, according to Bloomberg, the Singapore government announced the establishment of an inter-departmental tariff response task force in response to the 10% tariff imposed by the United States on Singaporean goods this month. The task force worked with unions and employers to develop a number of mitigation options. Singapore's Deputy Prime Minister Gan Kim Yong announced that he will adjust his economic growth forecast for 2025 from 1%-3% to 0%-2%.
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02:39

Former South Korean Minister of Labor Kim Won-soo announced his candidacy for president.

Jin10 data reported on April 9th, former South Korean Minister of Employment and Labor Kim Moon-soo held a press conference at the National Assembly, announcing his candidacy for the 21st presidential election. He emphasized that he has no lawsuits or other "judicial risks", making him the best candidate to challenge the leader of the Democratic Party, Lee Jae-myung. In preparation for the presidential election, Kim Moon-soo resigned from his ministerial position the day before and joined the People Power Party on the same day.
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07:19

South Korea FSC: Local exchanges will open up for foreign investors' encryption trading after improving AML.

According to Gate.io News bot, TheBlock reported that Kim Sung-jin, head of the virtual asset department of the Financial Services Commission (FSC) of South Korea, announced that the regulatory agency plans to open the Korean Crypto Assets market to foreign investors. The implementation of this policy is contingent upon local encryption exchanges establishing a comprehensive Anti-Money Laundering (AML) system. Currently, due to the restrictions of real-name accounts and KYC regulations, foreign investors are unable to trade Crypto Assets in South Korea.
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12:53

More than one-fifth of South Korea's public officials hold crypto assets worth 14.4 billion won

Gate.io News bot, the latest survey data from the South Korean Government Official Ethics Committee shows that among the 2,047 officials who are required to disclose assets, 411 have declared holding crypto assets, with a total value of 14.4 billion won (about 9.8 million US dollars). Data shows that these officials hold an average of 35.1 million won (approximately 24,000 USD) in encryption assets per person. Seoul City Council member Kim Hye-young declared the highest encryption assets, amounting to 1.76 billion won (approximately 1.2 million USD). The declared types of encryption assets include Bitcoin, Ethereum, XRP, Dogecoin, and Luna Classic (LUNC), among others. This asset disclosure is based on the requirements issued by South Korean Prime Minister Han Deok-soo in 2023, as well as the bill passed on May 25, 2023, which stipulates that public officials must include encryption assets in their property declaration. Source: Cointelegraph
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KIM25.38%
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06:54

Trump: Plans to Rebuild Relationship with Kim Jong-un

On March 14th, local time on the 13th, U.S. President Trump said that he still maintains a good relationship with North Korean leader Kim Jong Un. That day, Trump met with visiting NATO Secretary-General Stoltenberg at the White House. When asked by reporters if there were plans to rebuild relations with Kim Jong Un, Trump replied, "I will... I have a very good relationship with Kim Jong Un, we'll see." Trump held multiple meetings with Kim Jong Un during his first term.
TRUMP-2.56%
12:06

Hashed partner: Meme coins need to rely on community faith and sustainable value to survive

PANews 17th February news, Ryan Kim, partner of Hashed, said that despite the collapse of many tokens with Ponzi-like characteristics, some Memecoins still survive. He believes that the survival of these Tokens depends on the enthusiasm of the community and the almost religious belief. Ryan pointed out that in order to exist in the long term, Meme coins need to pursue sustainable and achievable values, such as love, peace, and community spirit, rather than relying solely on short-term speculation and market sentiment.
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MEME-4.47%
KIM25.38%
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00:24

Yin Xiyue attends the sixth public debate of the Constitutional Court of Korea

On the morning of February 6th, local time, President Moon Jae-in of South Korea arrived at the Constitutional Court of South Korea to attend the sixth public debate of the impeachment case scheduled to be held at 10 am local time. The Constitutional Court will hear the case of President Moon Jae-in's impeachment throughout the day, and will question witnesses, including the military commanders and other important personnel deployed during the state of emergency. Three witnesses will appear in the trial on the 6th to testify, namely, Kim Hyun-tae, the commander of the Special Warfare Unit 707, Guo Zhonggen, the former commander of the Army Special Warfare Command, and Park Chun-seok, the Chief Secretary of the Presidential Office's Economic Office.
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07:13

Former South Korean Defense Minister provides important testimony: Did not receive instructions from the president to arrest political figures

On January 23, local time, former South Korean Defense Minister Kim Yong-hyun attended the fourth public debate of the impeachment trial of South Korean President Yoon Suk-yeol on the same day, saying: "I have not received instructions from the president to arrest politicians". One of the core issues surrounding Yoon Suk-yeol's impeachment case and the investigation into Yoon's involvement in the crime of "civil unrest" is whether Yoon Suk-yeol himself has issued an order to "arrest politicians". The testimony provided by former South Korean Defense Minister Kim Yong-hyun on relevant issues on the 23rd will serve as an important reference.
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07:46

Yin Xiyue attends the fourth impeachment trial hearing

South Korean President Yoon Suk-yeol's legal team revealed that Yoon Suk-yeol will attend the fourth debate in the impeachment trial of the Constitutional Court, and former Defense Minister Kim Yong-hyun will also testify. Yoon Suk-yeol may have asked Kim Yong-hyun directly, and he needs to obtain permission from Moon Hyung-bae, the acting president of the Constitutional Yuan. Before the third debate of the impeachment trial, Yoon Suk-yeol said that Yoon Suk-yeol would attend the next trial as much as possible.
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12:00

Shengbao Bank Analyst: If BTC falls below the support level of $90690, it may face a larger decline.

The price of BTC has recently fallen. If it falls below the support level of $90690, it may face a larger decline, possibly falling to $73000. Kim Kramer Larsson, an analyst at Shengbao Bank, pointed out that BTC is forming a head and shoulders chart pattern, predicting that the bullish trend may reverse. Currently, the price of BTC is about $94061, down 13.2% from its all-time high.
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BTC-1.41%
KIM25.38%
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11:00

South Korea's largest opposition party reported the chief of the presidential security service for alleged obstruction of special public duties.

Jinsan data, January 3 news, South Korea's largest opposition party, the Democratic Party, reported to the police on January 3 local time, accusing President's security chief Park Jong-jun, security chief Kim Seung-hoon, security chief headquarters chief Lee Kwang-woo, and security personnel and military personnel controlled by the security department of obstructing special public duties, abusing authority, and obstructing the exercise of rights.
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10:34

South Korean Deputy Defense Minister Kim Sang-gil meets with US Ambassador to South Korea Goldberg

On January 2, Jin Sang-ho, the vice minister of defense of the Ministry of National Defense, met with Philip Goldberg, the U.S. Ambassador to South Korea, at the Ministry of National Defense building, according to the Ministry of National Defense of Korea. Both sides reiterated that the changing political and security environment has not weakened the solid South Korea-U.S. alliance. Jin Sang-ho expressed gratitude to Goldberg for his efforts to promote the development of the South Korea-U.S. alliance since taking office in July 2022. He called on Goldberg to continue to play a central role in the development of the relationship between the two countries. Goldberg stated that the United States will continue to support the solid South Korea-U.S. alliance as always.
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