South Korean stablecoin shares rise as stock market expects New Year breakthrough

South Korean crypto and blockchain stocks are on the rise as the government races to legalise stablecoin issuance. The Korea Composite Stock Price Index, or KOSPI, the index of all common shares on the Korea Exchange, continues to slump, blockchain-related share prices are surging. The KOSPI is down over 3% in the past five days. In the same time, crypto company Danal rose by 5%, with prices up as high as 7% on December 17. Other notable gainers were TS Investment, with over 3% in the same period, Atin ...