South Korea News
Latest South Korea News
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Australia proposes new crypto exchange rules covering licenses, trading, customer funds and capital, with feedback due November 27 ahead of 2027 rollout.
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South Korea plans tougher cybersecurity checks after breaches at 16 financial firms exposed 100,000 records, with crypto exchanges among those affected.
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South Korea plans to issue crypto tax guidelines in November ahead of its 22% tax starting January 2027, with staking and airdrop rules unresolved.
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Ripple partners with Meritz Securities to explore digital asset custody and tokenization in South Korea, expanding its institutional business.
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South Korean financial technology company Koscom has announced plans to showcase its shared tokenized securities platform at Korea Fintech Week 2026 as financial institutions prepare for the country’s new blockchain securities regulations. According to an Oct. 13 report by Yonhap…
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SBI Holdings and KB Kookmin Card partner to test AI identity checks and explore stablecoin payments for Japanese tourists visiting South Korea.
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South Korea orders website blocks on 27 unregistered crypto exchanges, including KuCoin and MEXC, as regulators target unauthorized trading.
Feature
Jeonbuk Bank has begun making won loans to corporate borrowers against Bitcoin held by a specialist custodian. A drop in BTC does not put coins on the bank’s own balance sheet. It does, however, test the lender’s valuation, collateral monitoring…
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South Korea’s Jeonbuk Bank has introduced the country’s first bank issued won loans backed by Bitcoin, allowing corporate customers to use their cryptocurrency holdings as collateral for business financing. According to an October 12 report by local news outlet Edaily,…
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Gwangju Bank and South Korean fintech company Toss have successfully completed a proof of concept for stablecoin payments using QR codes, allowing customers to make transactions through connected banking and payment apps. According to an Oct. 8 report by Yonhap…
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Naver Financial and Dunamu have postponed their comprehensive share swap for a third time, moving the planned completion from Dec. 31, 2026, to March 31, 2027, as regulatory reviews remain underway. According to Dunamu’s Oct. 7 disclosure, the companies have…
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Meritz Securities has signed a strategic partnership with Ripple to explore bringing institutional digital asset custody and tokenization infrastructure into South Korea’s capital markets. According to Meritz Securities, the agreement will cover a review of Ripple Custody and the company’s…
Markets
Securitize and LG CNS have signed a memorandum of understanding covering three areas of digital asset development for South Korean institutions, including tokenized securities and stablecoin infrastructure. Securitize announced on Oct. 6 that the companies will explore institutional products and…
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Rialo has stepped up its push to become blockchain infrastructure for financial institutions as the network discusses proof of concept projects with Korean firms and builds applications with other institutional partners. According to Bobby Zagotta, chief business officer at Rialo,…
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South Korea’s five major crypto exchanges recorded $15.1 billion in weekly trading volume, down 19.56%, while Upbit held a 64.04% share.
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Bithumb adds Talus to its KRW market while Upbit lists Dolphin against KRW, BTC and USDT, expanding Korean access to two AI-linked tokens.