Market Cap: $2,682,312,555,400
24h Vol: $86,071,715,590
Cryptocurrencies: 30360
Markets: 109411
Cryptocurrencies: 30360
Markets: 109411
Market Cap: $2,682,312,555,400     
24h Vol: $86,071,715,590
Cryptela — Cryptocurrency News and Market Intelligence
Bitcoin.com 2023-01-10 22:30:28

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

Study Reveals South Korea’s ‘Kimchi Premium’ Strongly Linked to International Remittances to China
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 to a study
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