Author:Lily Editor:Colin Wu 1. South Korea’s weekly summary 1.1 Kaiko: Bitcoin Kimchi Premium declines since 2021 link According to Kaiko, Bitcoin Kimchi Premium — the difference between the price of Bitcoin in the Korean market and on other global exchanges — has decreased over the past two years, dropping from 20% in April 2021 to an average of 2–3% in 2023. This trend comes as Bitcoin trading volumes on Korean exchanges have steadily declined.
Asia's weekly TOP10 crypto news (May 8 to May 14)
Asia's weekly TOP10 crypto news (May 8 to May…
Asia's weekly TOP10 crypto news (May 8 to May 14)
Author:Lily Editor:Colin Wu 1. South Korea’s weekly summary 1.1 Kaiko: Bitcoin Kimchi Premium declines since 2021 link According to Kaiko, Bitcoin Kimchi Premium — the difference between the price of Bitcoin in the Korean market and on other global exchanges — has decreased over the past two years, dropping from 20% in April 2021 to an average of 2–3% in 2023. This trend comes as Bitcoin trading volumes on Korean exchanges have steadily declined.