Central Bank Orders to Monitor Kimchi Premium in Crypto Prices

Central Bank Orders to Monitor Kimchi Premium in Crypto Prices

The Bank of Korea (BOK) has called to monitor the so-called ‘Kimchi Premium’ in cryptocurrencies prices. An official of the BOK’s research team payment system, Dong-Sup explained, “Such an increase in supply would otherwise have met the increased local demand for cryptocurrency assets from late 2017 through early 2018.”

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