South Korea is pioneering a transformative shift in financial services by introducing a groundbreaking blockchain loan service for retired public officials. This innovative initiative, spearheaded by the Korea […]
South Korea Sees Dramatic Surge in Crypto Holdings on Binance
South Korea’s cryptocurrency landscape is undergoing a significant transformation, driven by a surge in holdings on international platforms like Binance. Data reveals over 1,700 South Koreans have reported […]
South Korea’s Struggle to Restitute Victims of Crypto Crime: The Volatility Hurdle
The volatile nature of cryptocurrency assets poses a significant challenge for South Korean prosecutors seeking to provide restitution to victims of criminal activity involving digital currencies. As the […]
South Korea’s Crypto Trading Plummeted: How a Shift in Investor Sentiment Impacts the Market
While South Korea’s stock market thrives, cryptocurrency trading has seen a significant decline. This stark contrast highlights how investor behavior is shifting away from volatile crypto assets toward […]
South Korea Halts Spot Crypto ETF Trading Amid Regulatory Pushback
South Korea has abruptly halted trading of a popular spot crypto ETF, signaling the country’s stringent stance on digital asset investments. This unexpected move comes after financial regulators […]
South Korea’s FTC Clears Up Crypto Exchange Regulation Rumors
Recent media reports alleging the South Korean government is poised to classify prominent crypto exchanges like Dunamu (Upbit) and Bithumb as financial conglomerates have been refuted by South […]
South Korea’s Stablecoin Legislation: Meeting to Discuss Progress and Impact
The world of digital finance is undergoing rapid transformation, and stablecoins are a crucial bridge between traditional currencies and the volatile crypto market. To understand this evolving landscape, […]
KOSPI Soars to Record High Amidst Declining Cryptocurrency Trading Volume in South Korea
South Korea’s financial markets are experiencing contrasting trends. The KOSPI, a key indicator of South Korean stock market performance, has reached an all-time high, while cryptocurrency trading volumes […]
South Korea Considers Designating Crypto Firms as Financial Conglomerates
South Korea is considering a significant change to its financial landscape that could reshape the future of digital assets. The Fair Trade Commission (FTC) is reportedly mulling designating […]
Bitcoin’s Kimchi Premium Hits New High of 4.56% in Korea
On November 1st, the Bitcoin price saw a surge in South Korea, achieving a significant Kimchi Premium of 4.56%. As per data from Upbit exchange at 12:00 AM […]
Nvidia Fuels South Korean AI Revolution: Partnerships Push Industry Forward
South Korea is making a bold move towards becoming a global leader in artificial intelligence (AI) thanks to ambitious partnerships with Nvidia. The country’s tech industry giants are […]
South Korea’s Crypto Market: Rising Listings, Falling Volumes Raise Concerns
While South Korea has seen a surge in new digital asset listings on major exchanges, the overall crypto trading volume is facing a steep decline. Experts and analysts […]
KRWQ: First Multi-Blockchain Stablecoin Pegged to South Korean Won
IQ and Frax have launched KRWQ, a new stablecoin pegged to the South Korean won (KRW), marking a major step towards wider adoption of local currency alternatives in […]
South Korea Launches KRW1 Stablecoin: A New Chapter in Digital Finance
South Korea’s foray into the digital asset landscape has taken a significant turn with the launch of KRW1, a stablecoin backed 1:1 by the Korean won. This groundbreaking […]
Bank-Only Stablecoin Model Criticized for Stifling Innovation in South Korea
South Korean authorities’ policy restricting stablecoin issuance to banks is facing significant criticism. Dr. Sangmin Seo, Chair of Kaia DLT Foundation, argues this approach is illogical and hinders […]