Tag: Koreas

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South Korea’s Central Bank Reaffirms Bank-First Stablecoin Model

South Korea’s central bank has reportedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, warning lawmakers that...

South Korea’s Hanwha Backs US Blockchain Firm Kresus With $13M Investment

Blockchain infrastructure company Kresus secured about $13 million from South Korea’s Hanwha Investment and Securities to expand enterprise digital wallets, real‑world asset tokenization and...

South Korea’s biggest securities firm snaps up crypto exchange as stock market soars – DL News

Mirae Asset has $418 billion in total assets under management.Firm will pay $92 million for 92% stake in Korbit exchange.South Korea’s stock market continues...

South Korea’s Danal Fintech Taps Sahara AI to Build Stablecoin Infrastructure

Danal Fintech, a subsidiary of one of South Korea’s largest payment companies, has signed a strategic Memorandum of Understanding (MOU) with Sahara AI to...

South Korea’s Bithumb Exchange Accidentally Sends $44 Billion in Bitcoin to Users

South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly...

AI Surveillance Marks a New Phase for South Korea’s Crypto Markets

South Korean regulators are stepping up oversight of the domestic cryptocurrency market, signaling a faster, more coordinated approach to detecting suspicious trading activity amid...

South Korea’s FSS Details AI Upgrades for Crypto Abuse Detection

South Korea’s financial watchdog has expanded the use of artificial intelligence to monitor digital asset markets, signaling a shift toward automated, data-driven enforcement as...

South Korea’s Supreme Court Says Bitcoin Held on Exchanges Can Be Seized

South Korea’s Supreme Court handed down its first explicit ruling that Bitcoin held in centralized exchanges can be seized by investigators, marking a notable...