South Korea, a leader in digital payments, is poised to leverage blockchain technology for economic growth. A won-based stablecoin could be the catalyst for this transformation, according to […]
South Korean Actress Hwang Jung-eum Faces Trial for Cryptocurrency Embezzlement
South Korean actress Hwang Jung-eum is facing trial for allegedly embezzling 4.3 billion won from her agency, primarily investing in cryptocurrency. Prosecutors are seeking a three-year prison sentence. […]
South Korea Forms Special Committee to Tackle Crypto Regulations
South Korea’s political landscape is undergoing a significant shift, as the ruling Democratic Party has established a special ad hoc committee dedicated to digital assets. This decision signals […]
South Korea Launches 100 Trillion Won AI Investment Fund
South Korea is taking bold steps towards harnessing the power of Artificial Intelligence (AI) by establishing a 100 trillion won fund for strategic investments in the field. This […]
South Korea Unveils $285 Billion AI Investment Fund
South Korea is taking a significant step towards bolstering its AI capabilities with the announcement of a massive investment fund. The Ministry of Finance has pledged 100 trillion […]
South Korea Launches 100 Trillion Won Fund to Fuel AI Investments
South Korea is gearing up to invest heavily in artificial intelligence (AI) with the announcement of a massive 100 trillion won fund dedicated to strategic sector development. The […]
Tether and Circle Meet with South Korean Bank CEOs to Discuss Stablecoin Partnerships
A meeting between Tether and Circle executives is scheduled for August 22, 2025, with major South Korean bank CEOs like Jin Ok-dong of Shinhan Financial Group. This meeting […]
Crypto Investment Fraud Leaves South Korean Man Facing Prison
A recent case of crypto investment fraud has sent a South Korean man to prison, highlighting the risks associated with this growing market. The perpetrator defrauded a former […]
Bithumb Shifts Strategy Amidst Growing Stablecoin Market
South Korea’s second-largest crypto exchange, Bithumb, has announced its strategic restructuring to adapt to the evolving landscape of stablecoins. The company is looking to expand its market share […]
South Korean Crypto Fraud Case Leads to Arrest of Fugitive
A major win against financial crime has been achieved in South Korea, as authorities apprehended a fugitive accused of orchestrating a significant cryptocurrency fraud scheme. This case has […]
Tether and Circle Meet South Korea’s Big Four Banks to Explore Stablecoin Partnerships
Tether and Circle, major players in the stablecoin market, have scheduled meetings with leaders from South Korea’s four largest banks this week. These talks aim to explore potential […]
Tether and Circle Meet with Top South Korean Banks on Stablecoin Adoption
Two leading stablecoin issuers, Tether and Circle, are scheduled for high-level discussions with executives from South Korea’s top four banks. This move comes amid growing interest within the […]
Tether, Circle Meet with South Korea’s Top Banks: Focus on Stablecoin Regulation
Leading stablecoin issuers Tether and Circle are planning meetings with top executives from South Korea’s major financial institutions this week. The discussions will focus on potential partnerships, the […]
South Korea to Launch Stablecoin Regulation Framework in October
South Korea is poised to enact a regulatory framework for stablecoins this coming October, according to Foresight News. Stablecoin issuers Circle and Tether are meeting with key figures […]
South Korea’s Crypto Disclosures Under Scrutiny: Official Kim Nam-kuk Acquitted
Kim Nam-kuk, a former South Korean presidential secretary for digital communications, has been acquitted of charges related to falsifying his parliamentary asset disclosures. This decision stems from a […]