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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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Mirae Asset targets $109B digital asset business
Latest South Korea News
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Upbit opened Bifrost trading against the South Korean won and USDT on Sept. 10, giving BFC two additional markets on South Korea’s largest cryptocurrency exchange by trading volume. Upbit scheduled BFC/KRW and BFC/USDT trading to begin at 13:45 Korea Standard…
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South Korean families have increased reported cryptocurrency gifts to minors by 2.7 times in a year, with transfers to children aged 18 or younger reaching 4.03 billion won ($2.8 million) in 2025. Data obtained from the National Tax Service by…
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Shinhan Investment Securities has proposed allocating 2% of investment portfolios to digital assets as the traditional 60% stock and 40% bond strategy struggles to provide the diversification investors once expected. According to Yonhap News Agency, Shinhan Investment Securities senior researcher…
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BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. LayerZero said BDACS, South Korea’s largest digital asset custodian…
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Hanwha Investment & Securities has reportedly completed a tokenized securities platform supporting Avalanche as South Korea prepares to bring blockchain-based securities into its regulated capital markets system in February 2027. Seoul Economic Daily reported Sunday that the South Korean brokerage…
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South Korea says qualifying overseas crypto accounts remain reportable even when exchange bankruptcy prevents trading or withdrawals.
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South Korea has laid out a three-stage plan to bring stocks, bonds and funds onto tokenized infrastructure, with the final phase set to connect securities settlement to stablecoin-based onchain payments. The Financial Services Commission said Friday that the roadmap will…
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South Korea’s National Tax Service has said it will introduce commercial crypto tracing software used by domestic and overseas investigative agencies as it prepares to tax income generated through private wallets from 2027. Digital Asset reported on Aug. 31, citing…
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Dunamu and Visa will explore stablecoin payments, global remittances, OUSD business models and AI-driven commerce under a new partnership.
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Mirae Asset has set a 150 trillion won or about $109 billion target for a digital asset business spanning cryptocurrency, stablecoins, real-world assets and tokenized securities. Digital X will anchor Mirae Asset’s $109B plan The Korea Times reported the target…
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Mirae Asset Group has set an initial target of building its digital asset business to 150 trillion won ($108 billion) and turning it profitable in 2027, using newly acquired crypto exchange Digital X as a central part of its “Mirae…
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Upbit will open NCT/KRW trading on Aug. 26, offering 24 hours of zero fees as PolySwarm’s token rallies before the market launch.
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Dunamu has become the first South Korean crypto exchange operator approved to use the government’s shared administrative information system, giving Upbit a new way to verify customer information during KYC checks. Yonhap News Agency reported on Aug. 26 that South…
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South Korea has moved to accelerate work on its Digital Asset Framework Act, with Financial Services Commission Chairman Kim Byoung-hwan saying the government will step up consultations as lawmakers press for the legislation to be completed this fall. News1 reported…
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Upbit will open LIT trading against the South Korean won, expanding local access to Lighter’s Ethereum based utility token.
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Upbit reportedly processed 1.15 trillion won in one hour as a crypto flash crash liquidated $523 million in leveraged positions.
