South Korea will hold a public hearing on Bitcoin and cryptocurrencies on June 17, 2025, marking an important step in shaping the future of regulations and adoption within […]
Korean Won Rises After Election: Optimism Meets Cautious Outlook
The Korean won has surged following South Korea’s recent election, showing strength as investors anticipate potential economic reforms. While the political shift offers hope for a more favorable […]
South Korea Proposes Regulation For Won-Back Stablecoins
South Korea is taking a leading role in the future of digital finance by proposing legislation for its use of stablecoins. The country’s government has outlined a plan […]
Bithumb Chairman Lee Jung-hoon’s Bail Release Raises Questions About South Korean Cryptocurrency Market
In a significant development for the South Korean cryptocurrency market, Bithumb Chairman Lee Jung-hoon has been granted bail after six months of detention related to bribery allegations. His […]
South Korea Pushes for Stablecoin Legalization: Key Provisions of the ‘Basic Digital Assets Act’ Unveiled
A bold regulatory shift has swept through South Korea, as President Lee Jae-myung swiftly introduced his comprehensive crypto reform plan. In June 2025, he launched a series of […]
Mysterious Reserve Decline: South Korean Won Strength Amidst Declining Reserves
South Korea’s foreign exchange reserves experienced a decline in March, despite the strengthening of the South Korean won against the US dollar. This seemingly contradictory situation highlights the […]
South Korea Unveils Bill to Facilitate Stablecoin Issuance
President Lee Jae-myung has introduced legislation that would enable domestic companies to issue stablecoins in South Korea, aiming to bolster the nation’s digital asset market. The bill seeks […]
Lee Chang-yong to Speak at Seoul Bankers’ Association Meeting on Stablecoins
Bank of Korea Governor Lee Chang-yong will address a crucial gathering of industry leaders in Seoul on June 23rd, focusing on the future of digital currencies. The meeting […]
South Korean Police Officer Accused of $512,000 Cryptocurrency Scam
A serving police officer in South Korea has been arrested for allegedly defrauding his acquaintances out of over 700 million won ($512,000) through a cryptocurrency investment scam. The […]
Bank of Korea to Address Concerns Over Stablecoin Policy Shift
The Bank of Korea is set to meet with banking leaders on June 23rd to discuss the potential impact of stablecoin regulations, including those related to new won-based […]
Bank of Korea to Explore Won-Pegged Stablecoin at Bankers’ Dinner
South Korea’s central bank, the Bank of Korea (BOK), is gearing up for a major discussion about its plans for a won-pegged stablecoin. Governor Lee Chang-yong will attend […]
South Korea’s New Stablecoin Rules Aim to Boost Domestic Crypto Market
South Korea is set to revolutionize its crypto landscape with new regulations for stablecoins, aiming to promote domestic development and reduce reliance on USD-backed options. The Financial Services […]
Crypto Regulations in South Korea: 2025 Outlook
South Korea remains a global leader in the crypto space, actively developing a regulatory framework for digital assets. In 2025, the country is poised to further enhance transparency […]
South Korea Proposes Stablecoin Issuance Bill: Regulatory Push for Crypto Growth
South Korean President Lee Jae-myung is pushing for legislation that would allow firms to issue stablecoins, aiming to prevent potential national wealth leakage while fostering digital currency growth. […]
South Korea Introduces Comprehensive Digital Asset Regulation Plan
South Korea is poised for a significant shift in its approach to digital assets with the introduction of a comprehensive regulation plan. Led by the ruling party, this […]