Korean Won Becomes Most Traded Fiat Currency Globally – Report
According to research firm Kaiko, South Korean Won is the most-traded fiat currency globally during the first quarter of 2024. Kaiko research reported on April 15 that the won constituted a trading volume exceeding $456 billion on centralized cryptocurrency exchanges, surpassing the volume of the U.S. dollar by $455 billion. Due to the “fee war” […]
Binance stops trading pairs involving KRW in South Korea
Binance Korean subsidiary has halted pairs in KRW as part of efforts aimed at proactive compliance with regulatory demands. Binance has halted trading pairs in the Korean won (KRW) as part of a slew of modifications to its South Korean operations. The crypto exchange giant announced the suspension of KRW trading pairs and KRW payment […]