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Situated in East Asia, South Korea, formally recognized as the Republic of Korea, is distinguished for its rich history, culture, and technological prowess. With its capital, Seoul, nestled in the north, this nation of 51 million people thrives economically, supported by its advancements in various sectors.
South Korea emerges as a prominent player in the realm of Korean cryptocurrency, marrying innovation with stringent regulations. Stay updated on South Korean crypto regulations, dive deep into recent Korean crypto happenings such as CBDC research and the evolving landscape of crypto exchanges in the region. From legislative moves to market trends, here’s your one-stop for all South Korean crypto insights.
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KSNet has partnered with the Solana Foundation to test blockchain payments and AI-driven transaction systems for South Korea’s financial market. KSNet announced on July 30 that it has signed a memorandum of understanding (MOU) with the Solana Foundation to jointly…
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South Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial intelligence, data centers and other strategic industries while allowing domestic investments for the first time. According to a…
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Upbit will list CFX against KRW, BTC and USDT at 16:00 KST, while Conflux gained about 8% before trading opened.
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The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. According to the Bank of Korea, the…
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South Korea policy report urges interim stablecoin licensing and phased rules before lawmakers finish the Digital Asset Basic Act.
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South Korea’s FSC plans a consolidated stablecoin and crypto bill, while opposition lawmakers seek to repeal the 22% tax due in 2027.
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South Korean police have searched the home of former Incheon Mayor Yoo Jeong-bok and city offices as part of an investigation into allegations that cryptocurrency assets were omitted from his local election financial disclosure. According to South Korea’s Yonhap News…
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KOSPI trading stopped for 20 minutes after an 8.02% fall, while SK Hynix’s ADR closed below its $149 IPO price before earnings.
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South Korea has moved to deepen venture capital ties with Silicon Valley as President Lee Jae-myung has urged six of the world’s largest venture capital firms to invest in Korean startups while the National Pension Service has signed long-term investment…
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POSCO International and LG CNS tokenize live trade receivables on Injective to test faster settlement across POSCO's global subsidiaries.
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KB Kookmin Bank has expanded its blockchain strategy by preparing to launch a Kinexys-powered cross-border corporate payment service next month, becoming the first South Korean bank to use J.P. Morgan’s blockchain payment network for trade settlements. South Korea’s Yonhap News…
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KB Kookmin Bank will use JPMorgan’s Kinexys for near-real-time U.S. dollar payments across 10 countries, starting in August 2026 for clients
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Mirae Asset has rebranded South Korean cryptocurrency exchange Korbit as Digital X after completing its acquisition of a controlling stake, positioning the platform as the centerpiece of its digital asset strategy. South Korean outlet Herald Business reported that Mirae Asset…
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Mirae Asset has completed its takeover of South Korean cryptocurrency exchange Korbit after securing regulatory approval, paving the way to raise its ownership stake to more than 97%. According to an announcement from Korbit, Mirae Asset Consulting, an affiliate of…
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Circle signs MOUs with Kakao Group and Toss to explore USDC, KRW stablecoins, cross-border payments and blockchain settlement in South Korea.
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South Korea has launched a 9.6 billion won project to expand its CBDC-based deposit token payment system into everyday commercial payments, building on the Bank of Korea’s earlier pilot program. South Korea’s Korea Internet & Security Agency (KISA) and the…
