A website tied to the name of the project is live, featuring a countdown suggesting an announcement could be made within the next few hours.
In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country.
Regulators froze new lending products after forced liquidations and market distortions, but some analysts say improvements, not shutdowns, are the smarter path forward.
Japan and South Korea are moving quickly to create clearer rules for stablecoins as global interest in digital currencies grows. Stablecoins are cryptocurrencies designed to hold steady value by linking to fiat currencies, commodities, or other assets. Their use in payments, trading, and DeFi has expanded rapidly, with forecasts suggesting the market could grow into […]
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Examining South Korea’s tightly controlled CBDC approach versus Japan’s open stablecoin framework, and what these shifts could mean for investors.
The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot in favor of private-sector alternatives.
The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.
XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […]
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BDACS launches XRP custody for institutions in Korea, deepening Ripple partnership and boosting regulatory alignment for XRP’s global institutional use.
The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.
The report seems to suggest a change in stance by South Korea, which was reportedly looking to ease crypto trading.
XRP has hit a new all-time high of $3.65, driven largely by a spike in trading activity across South Korea and the United States. Data from CryptoSlate shows that XRP ranked among the top five most traded digital assets over the past 24 hours, trailing only behind Bitcoin, Ethereum, and the stablecoins USDT and USDC. […]
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The court ruled the customers benefited from unjust enrichment due to a network delay, not the exchange’s servers.
The court ruled the customers benefited from unjust enrichment due to a network delay, not the exchange’s servers.
A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."
The project had reached the stage of developing a pilot program together with participating banks.
South Korea’s retail traders just made Circle their top foreign stock as a new president ramps up stablecoin regulations.
The company is also preparing to list on public markets in the U.S. via a special purpose acquisition company, SilverBox Corp IV.
South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal […]
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Meet Korea's next alt coin, $USELESS.
The deal could help Tencent secure long-term control over popular intellectual property and expand its presence in the South Korean gaming market.
Under a proposed law, companies would be able issue their own tokens provided they meet equity capital requirements and can guarantee refunds through reserves.
Left-leaning Lee Jae-myung won't change the nation's crypto policies, Hashed CEO Simon Kim said in an interview with CoinDesk
During the election Lee Jae-myung made a host of crypto promises to appeal to the nation's 15 million crypto investors.
Non-profits will need to meet strict conditions such as five years of audited operations and internal committees to vet donations.
The NXPC token is developed by NEXPACE, the blockchain arm of South Korean video game developer Nexon.
Korean crypto markets are experiencing a rally, influenced by a $1 billion short squeeze and improving geopolitical sentiment.
A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO.
South Korean regulators will continue to block unreported virtual asset operators from accessing domestic sites, a statement said.
Major South Korean banks are pushing for a change in the country’s crypto policy, aiming to expand their ability to partner with multiple crypto exchanges. This proposed change, reported by local outlet MT, surfaced during an April 9 meeting organized by the Korea Federation of Banks alongside lawmakers from the ruling People Power Party. According […]
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