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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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Latest South Korea News
Markets
Upbit listed Venice Token with KRW, BTC and USDT pairs as VVV traded near $17.15, down 2.9% over 24 hours.
VVV
Venice Token
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South Korean crypto holdings fell to $41B as investors shifted to stocks, while tax and AML rules added fresh pressure.
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PROS surged 47.8% after Upbit and Bithumb listings, with Pharos volume rising 209.6% as Korean trading access expanded.
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South Korea will require firms moving crypto overseas to register, as Travel Rule checks and a 22% crypto tax add pressure.
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South Korea plans to tax crypto gains above 2.5 million won at 22% from January 2027, with exchanges preparing investor reporting rules now.
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Samsung SDS will build KSD's token securities platform as South Korea prepares blockchain-based securities rules for February 2027 rollout.
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Upbit listed Dogwifhat on KRW, BTC and USDT markets, pushing WIF higher as traders watch Solana memecoin demand in South Korea.
WIF
dogwifhat
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Ripple Custody entered a strategic partnership with Kyobo Life Insurance on April 15, making Ripple Custody Korea’s first blockchain-based government bond settlement platform for a Tier 1 insurer, targeting a compression of the standard T+2 settlement cycle to near real-time…
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South Korea’s crypto sector warns AML changes could lift suspicious reports to 5.4m yearly, as DAXA urges clearer rules for exchanges today.
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South Korea’s Seoul Administrative Court has granted Bithumb a temporary reprieve from a six-month suspension, allowing the exchange to continue operating while the case proceeds. According to Yonhap News Agency, the court’s 2nd Administrative Division under Judge Gong Hyeon-jin approved…
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Prosecutors in South Korea have requested a 20-year prison sentence for Jeong Sang-ho, CEO of Delio, over alleged large-scale crypto embezzlement. According to Yonhap News Agency, the request was made during closing arguments at the Seoul Southern District Court on…
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Shinhan Card has entered a partnership with the Solana Foundation to develop and test stablecoin-based payment systems on blockchain infrastructure. According to a press release from Shinhan Card, the company has begun an advanced proof-of-concept this year to simulate real-world…
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South Korea-based crypto venture firm Hashed has secured regulatory approval to operate from Abu Dhabi Global Market, expanding its presence into the Middle East’s regulated financial zone. According to a company announcement, Hashed’s group entity, Hashed Global Management Limited, has…
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South Korea’s Hana Financial Group, POSCO International, and Dunamu have signed a trilateral agreement to deploy a blockchain-based remittance system, with real trade transactions set to begin through POSCO International. According to a Wednesday announcement from the companies, the agreement…
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South Korea’s KBank signed a strategic partnership with Ripple on April 27 to test blockchain-based cross-border remittances, marking Ripple’s second Korean institutional deal this month and its first with a major Korean digital bank. Ripple KBank partnership was confirmed on…
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Google DeepMind has entered into a partnership with South Korea to provide the technical backbone for the country’s K-Moonshot initiative, an ambitious national programme designed to solve the most complex scientific challenges of the century using AI. According to recent…
