The Bank of Korea is taking a bold step towards the future of finance by exploring the use of public blockchains for deposit tokens. Launching in April and […]
OpenAI Opens New Seoul Office, Targeting South Korea’s Thriving AI Ecosystem
OpenAI has announced the opening of a new office in Seoul, South Korea, on May 26, 2025, marking its third office location in Asia. This expansion follows OpenAI’s […]
South Korea Considers Central Bank Token Integration into Public Blockchain
South Korea’s central bank is exploring innovative ways to incorporate central bank-issued deposit tokens within public blockchain systems, as Vice Governor Lee Jong-ryeol announced at the ‘Blockchain Leaders […]
South Korea’s Crypto Election 2025: Candidates Promise Regulatory Reform and Growth
The upcoming presidential elections in South Korea are poised to significantly shape the future of the country’s cryptocurrency market. With a surge in both individual and institutional interest, […]
South Korea Seeks to Fast-Track Stablecoin Regulation
South Korea’s largest political party, the Democratic Party, is urging the government to expedite the development of a regulatory framework for Korean won-pegged stablecoins. This move echoes recent […]
South Korea’s 2025 Election: Crypto-Friendly Policies Promise a New Digital Asset Hub
South Korea’s upcoming presidential election in 2025 has spurred excitement in the crypto space as major political parties pledge to embrace pro-crypto policies. This includes advocating for Bitcoin […]
OpenAI Opens First Office in South Korea to Capitalize on Growing AI Demand
OpenAI is setting up its first office in South Korea, fueled by the booming demand for ChatGPT in the country. South Korea ranks second globally in paid ChatGPT […]
South Korea’s Crypto Craze: Top 10 Altcoins Seeing Explosive Trading Volumes
Upbit, South Korea’s leading cryptocurrency exchange, has witnessed a surge in trading activity. Among the altcoins that stood out based on daily trading volume, XRP, Aergo, and Nexpace […]
South Korea’s Democrats Push for Accelerated KRW Stablecoin Launch
South Korea’s largest political party is advocating for the rapid adoption of Korean Won-pegged stablecoins, seeking to emulate the Trump Administration’s recent efforts in establishing a stablecoin bill. […]
South Korean Presidential Candidate Seeks Delay in US Tariff Deal
Lee Jae-myung, a leading candidate for South Korea’s upcoming presidential election, has requested a postponement of the deadline for negotiating a trade agreement with the United States on […]
South Korea’s Election Focuses on Crypto Policy
South Korean presidential candidates are making crypto regulation a central theme in their campaign strategies. Democratic Party candidate Lee Myung has pledged to amend existing laws to enable […]
Upbit Halts STX Deposits and Withdrawals Due to Network Delays
South Korean cryptocurrency exchange Upbit has temporarily halted deposits and withdrawals of Stacks (STX) tokens due to ongoing network congestion on the Stacks blockchain. This action is in […]
Bitcoin Trades at 1.55% Kimchi Premium in South Korea: May 24
On May 24, Bitcoin’s price on South Korea’s Upbit exchange was recorded at 152.35 million KRW, a drop of 1.62% from the previous day. This translates to a […]
South Korean Presidential Election: Key Changes Impacting the Global Crypto Market
A significant shift in South Korea’s political landscape looms as voters choose their next leader on June 3rd. This election has far-reaching implications for the global crypto market, […]
South Korea Tightens Crypto Rules for Exchanges & Nonprofits Starting June
Starting June, South Korea will enforce stricter KYC rules for crypto exchanges and nonprofits, aiming to enhance transparency and control of assets. The Financial Services Commission (FSC) mandates […]