A recent survey reveals the enthusiastic response of South Korean investors to the Bank of Korea’s (BOK) Central Bank Digital Currency (CBDC) pilot program. The survey, conducted by […]
Korean Crypto Exchanges Reinstate Withdrawal Delays Amidst Rise in Phishing Scams
South Korean cryptocurrency exchanges are reversing their recent policy shift, reintroducing withdrawal delays due to a surge in phishing scams. This move prioritizes security over user convenience in […]
South Korea’s National Pension Service Invests in Blockchain Technology
The National Pension Service (NPS), one of the world’s largest public pension funds with over $800 billion under management, is planning to explore blockchain technology for its investment […]
South Korea’s Pension Service Invests in Blockchain for Enhanced Transparency
South Korea’s National Pension Service (NPS), managing assets worth 1,224 trillion Korean won (over $836 billion), is exploring the use of blockchain technology to improve transparency and security […]
South Korea’s Exchange Activates Sidecar Mechanism Amid Market Volatility
The Korean market experienced dramatic declines, with the Nikkei 225 dropping 8.4% and the KOSPI 200 falling 5%. To address this volatility, the Korea Exchange activated its sidecar […]
South Korea’s XRP Surge: How High Demand is Fueling the Altcoin’s Rise
XRP has defied broader market weakness, with a recent surge defying its peers. Cryptocurrency expert XForceGlobal identifies South Korea as a key driver of this resilience. Their analysis […]
South Korea Sets June 3rd as Deadline for Upcoming Presidential Election
Acting President Han Duck-soo and Chairman Noh Tae-ak have agreed upon a tentative date of June 3rd for an early presidential election in South Korea. The decision, according […]
South Korean President Yoon Suk-yeol Impeached and Removed From Office
The South Korean Constitutional Court has voted unanimously to remove President Yoon Suk-yeol from office following his impeachment. Acting Chief Justice Moon Hyung-bae read the court’s decision, marking […]
South Korea Unveils Plans to Ease Restrictions for Foreign Crypto Investors
South Korea is considering a major change in its approach to crypto regulations, with the head of the virtual assets department at the Financial Services Commission (FSC) expressing […]
South Korea Approves Foreign Crypto Investments, with AML Emphasis
South Korea is taking a significant step towards opening its doors to foreign crypto investments. Following a year-long focus on strengthening its regulatory framework for the digital asset […]
South Korea To Open Crypto Market to International Investors: Focus on AML
South Korea aims to expand its cryptocurrency market to international investors, a move that hinges on new anti-money laundering (AML) regulations. The country’s financial regulatory body is exploring […]
South Korea May Open Crypto Market to Foreign Investors, Driven by AML Improvements
South Korea is considering easing restrictions on foreign investors buying cryptocurrencies through local exchanges. This potential change depends on the progress of these exchanges’ anti-money laundering (AML) capabilities. […]
South Korea Opens Doors for Foreign Investment in Crypto Market
South Korea is taking steps to welcome foreign investors into its cryptocurrency market. The country’s financial regulator, the Financial Services Commission (FSC), has signaled that local exchanges could […]
South Korea Opens Doors to Foreign Investors in Cryptocurrency Market
South Korea is signaling its readiness to welcome foreign investment into the world of cryptocurrency. The country’s financial regulator has proposed that, once robust anti-money laundering measures are […]
South Korea Launches Nationwide CBDC Trial
South Korea has commenced a nationwide trial of its central bank digital currency (CBDC). Participating businesses and consumers will explore the practical use of digital currency, offering valuable […]