South Korea is taking significant steps towards integrating cryptocurrency into its financial system. The nation’s new legislation aims to allow banks to explore digital asset markets, opening the […]
South Korea Enacts New Stablecoin Regulations, Setting Capital Threshold for Issuers
South Korea has proposed a landmark cryptocurrency bill aimed at regulating stablecoins. The new legislation introduces a significant financial barrier, requiring issuers to maintain at least KRW 500 […]
South Korea’s New Crypto Regulation: A Stablecoin Boom on the Horizon
South Korea is taking a significant step forward in its cryptocurrency regulations with the introduction of a comprehensive new bill aimed at creating a secure and robust ecosystem […]
South Korea Legalizes Stablecoins: President Takes Action on Crypto Promises
Newly elected South Korean president Lee Jae-myung is actively advancing his campaign pledge to legalize stablecoins, aiming to stimulate the domestic crypto market. His party’s proposed Digital Asset […]
South Korea’s Ruling Party Unveils Proposal for Stablecoin Regulation
South Korea’s ruling party has proposed legislation aiming to allow for the issuance of stablecoins in the nation. The Digital Asset Basic Act, currently under consideration, would permit […]
South Korea Unveils Stablecoin Regulatory Framework
South Korea’s ruling party has proposed a landmark piece of legislation that will allow for the issuance of stablecoins within the nation. The Digital Asset Basic Act aims […]
South Korea’s Crypto Exchanges See Altcoin Trading Surge
South Korean cryptocurrency exchanges, like Upbit, are experiencing a surge in trading volume for various altcoins. This increased activity is attributed to shifting investor preferences toward specific projects, […]
Crypto Investors in South Korea Urge Tax Relief from New Government
A new survey reveals a major call for action from South Korean crypto investors regarding the nation’s tax policy. The study, conducted by Bitcoin World and Cratos, offers […]
South Korea to Introduce Major Digital Asset Bill, Shaping Future of Crypto Regulation
In a significant development, South Korea is set to introduce a comprehensive digital asset bill on June 10th. This legislation aims to reshape the landscape of crypto regulation […]
South Korean Investors Remain Bullish on Digital Assets
A recent survey by the Korea Chamber of Commerce and Industry (KCCI) reveals a surge in South Korean investor confidence regarding digital assets. The survey indicates that 57.9% […]
Kaia Pledges Won-Pegged Stablecoin as South Korean Stocks Rally
South Korea’s blockchain company Kaia has announced plans to launch a won-based stablecoin following the inauguration of President Lee Jae-myung. This follows a campaign promise from Lee, who […]
South Korea Creates Dedicated Digital Asset Committee to Shape Cryptocurrency Regulation
The cryptocurrency industry in South Korea is facing a major shake-up as the ruling Democratic Party of Korea (DPK) formally establishes a dedicated digital asset committee. This landmark […]
Bitcoin Trades at 2.07% Kimchi Premium in South Korea on June 6
On June 6th, Bitcoin trading on South Korea’s Upbit exchange showed a slight decrease of 0.28% to reach 144.8 million KRW. However, it was still trading at a […]
MemeCore Targets Korean Market with Acquisition Strategy
Singaporean meme coin platform MemeCore is set to expand its operations into South Korea by acquiring a Kosdaq-listed company. The company is currently in the process of reviewing […]
South Korea Takes Action: Bitcoin ETF Approval Fuels Crypto Growth
President Lee Jae-myung of South Korea is prioritizing the swift approval of Bitcoin ETFs, aiming to fuel digital asset growth for 16 million traders. This move aligns South […]