Tag: Korea

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South Korea Super-App Toss to Run Won Stablecoin Pilot on OP Stack

Optimism says Toss is the fourth regulated financial institution in a year to pick the OP Stack, after Bitpanda, Kraken and Mitsui.Toss, the South...

South Korea Shifts Polymarket Scrutiny From Users to Platform

South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market...

South Korea Links Token Securities to Wider Market Reforms

South Korea’s financial regulator folded token securities infrastructure into a broader overhaul of the country’s capital markets, alongside plans for faster settlement, longer trading...

South Korea Pushes Crypto Travel Rule Expansion

Financial regulators in South Korea are pushing for broader reporting requirements on crypto transfers to further align with global Anti-Money Laundering standards for digital...

South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe

South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi.Kim allegedly attempted to influence...

South Korea Makes First Arrest Tied to Memecoin Rug Pull: report

South Korean prosecutors charged a group in an alleged rug pull involving the Solana-based memecoin Catpie, or CATFI, in what local media described as...

South Korea FSC Reportedly Reviews Hana Bank Dunamu Stake

South Korea’s financial regulator is reportedly reviewing Hana Bank’s planned $668 million purchase of a 6.55% stake in Dunamu, the operator of the largest...

South Korea to Announce Tokenized Securities Laws in July

South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under...

OKX, Korea Investment and Securities said to be in talks for 40% of Coinone

OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.

XRP traders target $1.5 as Ripple-linked token tops bitcoin (BTC) volumes in Korea

XRP is back at the top of South Korean trading screens.The token’s won pair was the most traded market on Upbit over the past...

South Korea Confirms 22% Crypto Tax Goes Ahead in January 2027

South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027.Moon Kyung-ho, director of...

Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s...