South Korea Stablecoin Bill Stalls on Issuer Rules
South Korea’s proposed stablecoin framework has been delayed as regulators disagree over which entities should be allowed to issue the tokens.
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South Korea’s proposed stablecoin framework has been delayed as regulators disagree over which entities should be allowed to issue the tokens.
South Korea’s Mirae Asset is in talks to acquire a controlling stake in crypto exchange Korbit, marking a potential first move into digital assets for the…
BC Card has completed a pilot enabling foreign visitors to pay South Korean merchants using stablecoins converted into prepaid cards.
VivoPower is partnering with Lean Ventures to source $300 million in Ripple Labs equity, offering indirect exposure to nearly $1 billion worth of XRP for South…
South Korea’s financial regulator missed a key deadline to submit a stablecoin bill, extending uncertainty as lawmakers debate issuer eligibility and the central bank’s role.
A16z Crypto has launched its first Asia office in Seoul, South Korea, appointing Sungmo Park to lead regional expansion and portfolio support.
Woori Bank becomes the first major Korean lender to display Bitcoin prices in its trading room, reflecting rising institutional interest in digital assets amid evolving regulation…
South Korean authorities are investigating a possible connection between the recent $36 million hack of the Upbit crypto exchange and the North Korea-linked Lazarus Group.
South Korean tech giant Naver and Upbit operator Dunamu plan to invest 10 trillion Korean won ($6.8 billion) over five years to build a next-generation financial…
Naver Financial has announced a definitive plan to acquire Dunamu, the operator of the Upbit crypto exchange, in an all-stock transaction valued at approximately 15.1 trillion…