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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.
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South Korea has advanced a three-part digital-finance program covering crypto accounts for about 3,500 companies, legal recognition for tokenized securities, and deposit-token trials involving nine banks. FACTBLOCK CEO and Korea Blockchain Week organizer Andrew Park said South Korea’s crypto market…
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South Korea’s Financial Supervisory Service has deployed a real-time AI system that scans trading data, news and online content to flag suspected crypto price manipulation. AI crypto surveillance screens price and volume spikes The Financial Supervisory Service said in its…
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Trading activity on South Korea’s two largest crypto exchanges has jumped sharply, with Upbit volume rising 273% to about $1.84 billion as Bitcoin’s latest rally pulls local traders back toward digital assets. According to CoinGecko data on Aug. 21, Upbit…
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South Korean lawmakers have introduced legislation that would give the Financial Intelligence Unit direct authority to investigate suspected unregistered crypto businesses instead of relying mainly on police referrals. Yonhap reported that People Power Party lawmaker Eom Tae-young and nine other…
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Shinhan Asset Management signed a four-party agreement to test a Korean won tokenized fund on Solana before Korea’s 2027 regulatory rollout.
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Upbit will add BTC and USDT pairs for BICO, BMT, NIL and GWEI at 16:00 KST after postponing the launch by three hours.
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