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 […]
South Korea Paves the Way for Stablecoin Regulation with Landmark Bill
South Korea has taken a significant step towards regulating the rapidly growing stablecoin market, proposing a groundbreaking legislation that aims to ensure consumer protection while fostering innovation. The […]
South Korea Warns of Stablecoin Threat to Monetary Sovereignty
The global digital currency landscape continues to evolve, bringing scrutiny from financial institutions worldwide. South Korea’s central bank has issued a significant warning about US dollar stablecoins, urging […]
South Korea Halts Crypto Lending Amid Regulatory Uncertainty
The South Korean Financial Services Commission (FSC) has issued a directive to crypto exchanges, effectively halting new crypto lending activities. The move comes amid escalating investor risks and […]
South Korea Suspends Crypto Lending Amid Volatility Concerns
In response to growing market volatility and investor losses, South Korea’s Financial Services Commission (FSC) has ordered the suspension of crypto lending services by domestic exchanges. Starting August […]
South Korea Halts Crypto Lending Services Amidst Market Risks
South Korea’s Financial Services Commission (FSC) has temporarily halted new crypto lending services following a significant liquidation event within the digital asset market. This decision stems from growing […]
South Korea Halts Crypto Lending Services
The Financial Services Commission (FSC) in South Korea has halted cryptocurrency lending services until new regulations are implemented. This decision stems from concerns about legal uncertainty and potential […]
South Korea Halts Crypto Lending, Driving Users Toward Global DeFi
The South Korean Financial Services Commission (FSC) has ordered the suspension of cryptocurrency lending services offered by domestic exchanges such as Upbit and Bithumb. This action stems from […]
South Korea Halts Crypto Lending on Exchanges Amid Regulatory Concerns
In a move aimed at protecting investors and addressing potential market risks, South Korea’s Financial Services Commission (FSC) has ordered a temporary halt to crypto lending services offered […]
South Korea Halts Crypto Lending Amidst Market Concerns and $1.1B Loan Boom
South Korea’s cryptocurrency market has been put on pause as regulators have halted all crypto lending services following a rapid surge in investment, raising concerns about investor safety. […]
South Korea Halts Crypto Lending Amid Regulatory Push for ETFs and Stablecoins
South Korea’s Financial Services Commission (FSC) has ordered the suspension of all new crypto lending services, signaling a shift in its regulatory approach to digital assets. This decision […]
South Korea Halts Cryptocurrency Lending Operations Amidst Regulatory Scrutiny
South Korea’s regulatory landscape for cryptocurrencies is taking a significant step forward with major exchanges facing restrictions on lending operations. The Financial Services Commission (FSC) has directed these […]
South Korea Halts New Crypto Lending Services Amid Market Turmoil
South Korea has abruptly suspended new crypto lending services provided by domestic exchanges following a significant rise in borrowing and resulting market instability. The Financial Services Commission (FSC) […]