Tag: Korea

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Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea

Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.

South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move

The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.

South Korea Bill Targets Unregistered Crypto Firms

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so

Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather...

BitGo Korea Secures VASP Registration for Crypto Custody

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

South Korea moves to block Polymarket over gambling concerns

The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.

Delio CEO Sentenced to 15 Years in Prison on Crypto Fraud in South Korea

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

South Korea Drops Crypto Travel Rule Threshold

South Korea will expand its crypto Travel Rule to all transfers between registered virtual asset service providers (VASPs), removing the current 1 million won...

Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze

“The order is intended to preserve identified stolen digital assets while the litigation continues, representing an important step in Bybit's ongoing efforts to recover...

South Korea report proposes stablecoin rules before crypto law

Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.

South Korea Plans Crypto Law as Tax Repeal Reaches Committee

South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a...

South Korea trade giant POSCO puts receivables onchain in tokenization test with LG

POSCO International, South Korea's largest trading company, has begun tokenizing trade receivables on blockchain in a test that could speed up commercial payments between...