South Korea weighs crypto market makers after JPYC trades at 4 times peg
Published . Updated .
Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.
Directly affected
- CRCW Crypto
Named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- EWY ISHARES MSCI SOUTH KOREA ETF
GA selected EWY as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- KRWX CORGI ETF TR I SOUTH KOREA 2X
GA selected KRWX as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BITW BITWISE 10 CRYPTO INDEX ETF SHS REPSTG UNIT BEN INT
GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
- BLOX NICHOLAS CRYPTO INCOME ETF
GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.
Source: Cointelegraph
How far Ishares Msci South Korea Etf (EWY) has moved since 28 Sep 2026
Since the first closing price after “South Korea weighs crypto market makers after JPYC trades at 4 times peg,” Ishares Msci South Korea Etf (EWY) is -16.36%. The S&P 500 fund (SPY) is +0.29% over the same days, a -16.66% difference versus the market.
Who gains and who loses around Ishares Msci South Korea Etf (EWY)
Companies tied to this story
- EWY Ishares Msci South Korea Etf
Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “South Korea weighs crypto market makers after JPYC trades at 4 times peg.” Reason on file: GA selected EWY as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- KRWX Corgi Etf Tr I South Korea 2X
For “South Korea weighs crypto market makers after JPYC trades at 4 times peg,” Corgi Etf Tr I South Korea 2X (KRWX) is linked, with no stored direction, medium confidence. Reason on file: GA selected KRWX as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITW Bitwise 10 Crypto Index ETF
Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “South Korea weighs crypto market makers after JPYC trades at 4 times peg.” Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BLOX Nicholas Crypto Income Etf
For “South Korea weighs crypto market makers after JPYC trades at 4 times peg,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EZPZ Franklin Crypto Trust
For “South Korea weighs crypto market makers after JPYC trades at 4 times peg,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FDIG Fidelity Crypto Industry And Digital Payments Etf
In “South Korea weighs crypto market makers after JPYC trades at 4 times peg,” Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence. Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares Msci South Korea Etf (EWY)
The 28 Sep 2026 story “South Korea weighs crypto market makers after JPYC trades at 4 times peg” names Ishares Msci South Korea Etf (EWY) because of this story.
The link for Ishares Msci South Korea Etf (EWY) is this: GA selected EWY as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Also listed, Corgi Etf Tr I South Korea 2X (KRWX): GA selected KRWX as a RELATED security because its canonical security name directly matches this event's themes: korea, south. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
The price range for Ishares Msci South Korea Etf (EWY), and the dates in the story
BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. EWY traded between 149.75 and 192.99 across 20 sessions. The latest close on file is 156.51. KRWX traded between 9.83 and 16.25 across 12 sessions. The latest close on file is 10.77.
What the saved facts support for Ishares Msci South Korea Etf (EWY)
46 out of 100
“South Korea weighs crypto market makers after JPYC trades at 4 times peg” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.