Tag: South

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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...

South Korea’s Korbit exchange is now part of the $1 tillion Mirae Group family

Korbit, South Korea's first homegrown crypto exchange founded in 2013, now has a new home and its a traditional finance behemoth.The exchange announced Thursday...

South Korea Uncovers 30 Cases Unfair Trading

South Korea’s financial authorities investigated more than 40 cases of unfair trading, including market manipulation and fraudulent crypto trading, in the last two years. According...

AI frenzy losing steam leaves BTC price less volatile than South Korea’s Kospi: Crypto Daily

For bitcoin supporters, the reality that BTC is steadier than the Kospi is a notable victory. Still, the largest cryptocurrency remains twice as volatile...

South Korea to Bring Digital Assets Under State Asset Management System

South Korea plans to adopt the National Asset Basic Act to update the country’s state asset management system from the outdated State Property Act...

South Korea’s new economic roadmap is a massive bet on blockchain technology

South Korea plans to update its 76-year-old national asset management system to formally include virtual currencies and intellectual property in the country’s definition of...

South Korea Sets 2027 Tokenized Government Bond Cbdc Pilot

South Korea plans to conduct a 2027 pilot linking tokenized government bonds to its institutional central bank digital currency (CBDC) infrastructure, moving sovereign debt...

Crypto consolidates after selloff as South Korea’s market meltdown drives crypto volumes higher

Bitcoin BTC$62,749.82 consolidated following Monday's selloff, trading at $62,600 after tumbling from $64,400 to $61,800 over the course of 24 hours.Ether (ETH) tracked the...

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...