In a move aimed at boosting domestic stability and competition in the digital asset market, South Korea’s financial regulator is preparing to introduce legislation regulating won-backed stablecoins later […]
South Korea to Introduce Regulatory Framework for Won-Backed Stablecoins
South Korea is taking a significant step toward establishing clearer regulations for stablecoins with the upcoming introduction of a regulatory framework in October. The Financial Services Commission (FSC), […]
South Korea Sets to Launch Stablecoin Framework, Seeking Clarity in Crypto Regulation
South Korea is set to introduce a regulatory framework for a won-backed stablecoin. The Financial Services Commission (FSC) will unveil the bill as part of the nation’s Virtual […]
South Korea Prepares to Regulate Stablecoins with New Bill
South Korea’s Financial Services Commission (FSC) is set to introduce a new bill aiming to regulate KRW-pegged stablecoins by October 2025. This move signals South Korea’s intention to […]
South Korea Tightens Crypto Grip: Seizing Assets from Tax Evaders
Facing pressure to curb tax evasion and address digital asset fraud, South Korea is stepping up its enforcement of crypto regulations. From seizing hidden wealth to investigating suspected […]
South Korea Tightens Regulation of Its Stablecoin Market
South Korea’s Financial Services Commission (FSC) plans to unveil a stricter regulatory framework for stablecoins in October, aiming to secure the nation’s growing cryptocurrency market. The draft regulations […]
South Korea Cracks Down on Stablecoins with New Regulations
South Korea’s Financial Services Commission (FSC) is poised to launch a new regulatory framework for stablecoins, aiming to enhance market stability and security. The draft legislation, which will […]
Resilience of South Korean Crypto Investors: Key Insights into Market Outlook
South Korea’s cryptocurrency market is demonstrating remarkable resilience despite the looming implementation of a 2027 tax regime. A recent survey conducted by Bitcoin World and Cratos offers intriguing […]
South Korea to Regulate Won-Pegged Stablecoins in October
South Korea is preparing for the launch of a crucial regulatory framework for won-pegged stablecoins in October. This move, driven by the Financial Services Commission (FSC), aims to […]
Circle Meets South Korean Banks to Drive Stablecoin Adoption in Asia
A pivotal meeting between Circle, a global financial technology firm, and four of South Korea’s leading banks – KB Kookmin, Shinhan, Hana, and Woori – is poised to […]
South Korea Prioritizes Economic Cooperation with Japan: A Strategic Shift
South Korean President Lee Jae Myung has adopted a more cooperative stance towards Japan, highlighting the potential for economic growth through strengthened bilateral relations. This diplomatic shift aims […]
South Korea’s Big Tech Shift: Investors Embrace Ethereum Stocks
South Korean retail investors are moving away from established tech giants like Tesla, Apple, and Alphabet, choosing instead to invest heavily in stocks linked to Ethereum (ETH). A […]
South Korea Pursues Crypto Ecosystem Development with New Regulatory Focus
In a move reflecting its commitment to fostering innovation in the digital asset sector, South Korea’s government has unveiled plans for robust regulatory reforms. This initiative aims to […]
South Korea’s President Seeks Economic Ties with Japan: A Shift in Strategy
South Korean President Lee Jae-myung has signaled a strategic shift in his country’s foreign policy towards Japan, emphasizing economic cooperation as he prepares for a summit in Tokyo. […]
South Korean Retail Investors Flock to Ethereum-Related Stocks Amidst Tech Shift
South Korean retail investors have been making a radical shift away from established tech giants like Alphabet and Tesla, instead pouring their funds into Ethereum (ETH) related stocks. […]