Wednesday, November 12, 2025

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China – Bitcoin News

A newly-released study published in December 2022 reveals that South Korea’s “kimchi premium,” the divergence in cryptocurrency valuations on Korean exchanges compared to Western trading platforms, is strongly associated with a surge in international remittances to China. Examination of Overseas Remittances to China Uncovers Strong Correlation with South Korea’s ‘Kimchi Premium’ According

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Blockchain privacy groups urge new US Congresspeople to protect privacy rights

Fight for the Future, a digital rights advocacy group, has posted an open letter on its website encouraging the new class of United States congresspeople to protect privacy. The letter has attracted dozens of companies and organizations as cosigners.“Increasingly, the incredible creative power of US software developers is being chilled

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Binance pushes back against report stablecoin isn’t fully backed

Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”. In a Jan. 10 blog post, Binance said the basis for the report — later amended to clarify the difference between a pegged and backed

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