Summary
- It was reported that the Kimchi Premium once fell by -40%.
- It was stated that both exchanges are currently down.
- The reason for the emergency powers declaration has not been disclosed.
In a situation where emergency powers were declared, the Kimchi Premium once fell to -40%.
On the 3rd (local time), the press release stated through X that "the president of Korea declared emergency powers" and that "the Kimchi Premium once fell to -40%." It further stated that "currently, both exchanges are down" and that "the reason for the emergency powers declaration has not been disclosed."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
