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 […]
South Korea Kicks Off Nationwide CBDC Trial to Improve Digital Payment Infrastructure
South Korea has launched a nationwide trial of its central bank digital currency (CBDC), inviting businesses and consumers to participate in gathering valuable data on the real-world application […]
XRP Surpasses Bitcoin, Ethereum in Trading Volume on South Korean Exchange
Crypto influencer Brett (@Brett_Crypto_X) highlighted XRP’s dominance on Upbit, the largest crypto exchange in South Korea, which recorded a 24-hour trading volume of $17.12 billion. The high trading […]
South Korean Convenience Stores Join CBDC Pilot Program
South Korea’s 7-Eleven stores are partnering with the nation’s central bank to test its new digital currency, the Central Bank Digital Currency (CBDC), in a nationwide pilot program. […]
Upbit and Bithumb Invest $100 Million+ in Crypto Reserves for Enhanced User Protection
South Korean cryptocurrency giants Upbit and Bithumb have announced significant commitments to enhance user safety, pledging over $100 million to crypto reserves. This move follows tightened regulations from […]
7-Eleven Joins South Korea’s CBDC Payment Trial
South Korean convenience store chain 7-Eleven is participating in a pilot program testing central bank digital currencies (CBDCs). Running from April 1 to June 30, the trial offers […]
7-Eleven to Offer Discounts on Purchases Using South Korea’s New CBDC
South Korean convenience stores, 7-Eleven, are joining forces with the country’s central bank in an experimental pilot program for Central Bank Digital Currency (CBDC) payments. The trial, running […]
7-Eleven Joins South Korea’s CBDC Pilot Program, Offering Discounts on Purchases
South Korea’s 7-Eleven stores are taking part in the pilot program for the nation’s central bank digital currency (CBDC), offering a 10% discount on all products during the […]
Korean City Council Member’s Crypto Fortune Soars 1000x!
A South Korean city council member has seen his cryptocurrency investments skyrocket by an incredible 1,000 times. Kim Hong-soo invested a modest $6,800 in 2018 and witnessed his […]