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South Korea News

Latest South Korea News

KB Securities taps Securitize, Optimism for Korean tokenized funds - 3
News
Read more - KB Securities taps Securitize, Optimism for Korean tokenized funds

KB Securities taps Securitize, Optimism for Korean tokenized funds

KB Securities has signed a three-party agreement with Securitize and the Optimism Foundation to develop tokenized funds for Korean institutional investors, starting with a planned money market fund on OP Mainnet. In a Sep. 23 release shared with crypto.news, KB…
South Korea targets November review for second stage crypto legislation - 4
News
Read more - South Korea targets November review for second stage crypto legislation

South Korea targets November review for second stage crypto legislation

South Korea’s Financial Services Commission has set November for a National Assembly subcommittee review of the Digital Asset Framework Act, rejecting claims that work on the country’s second stage crypto legislation has been delayed. According to Seo Na yoon, head…
Hana Bank, Upbit Global to develop Travel Rule infrastructure for crypto transfers - 5
News
Read more - Hana Bank, Upbit Global to develop Travel Rule infrastructure for crypto transfers

Hana Bank, Upbit Global to develop Travel Rule infrastructure for crypto transfers

Hana Bank has signed an agreement with Upbit Global to develop Travel Rule infrastructure for digital asset transfers, extending its work with South Korea’s crypto sector into transaction compliance and transfer technology. DigitalToday reported on Sept. 22 that the two…
South Korea to test CBDC backed deposit tokens for government expenses - 6
News
Read more - South Korea to test CBDC backed deposit tokens for government expenses

South Korea to test CBDC backed deposit tokens for government expenses

South Korea has approved a pilot that will let public officials pay government operating expenses with blockchain based deposit tokens instead of physical government cards. According to The Chosun Daily, the Ministry of Science and ICT approved the project during…
Kakao Pay, KakaoBank sign Fireblocks stablecoin MoU
News
Read more - Kakao Pay, KakaoBank sign Fireblocks stablecoin MoU

Kakao Pay, KakaoBank sign Fireblocks stablecoin MoU

Kakao Pay and KakaoBank signed an MoU with Fireblocks to test stablecoin infrastructure suited to South Korea’s regulatory and security needs.
South Korea’s Eugene Investment tests stablecoins for securities settlement - 7
News
Read more - South Korea’s Eugene Investment tests stablecoins for securities settlement

South Korea’s Eugene Investment tests stablecoins for securities settlement

Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an onchain process that covers subscription, payment and settlement. According to Eugene Investment & Securities, the memorandum of understanding…
HotShort to present short-drama RWA model at GWDC Korea 2026 - 8
News
Read more - HotShort to present short-drama RWA model at GWDC Korea 2026

HotShort to present short-drama RWA model at GWDC Korea 2026

HotShort has joined the Feixiaohao × GWDC 2026 Innovation Forum as a co-organizer and will present its model for turning short-drama content and related revenue into blockchain-based assets at the Sep. 29 event in Seoul. Feixiaohao said the forum will…
South Korea stock scam losses hit $250 million
News
Read more - South Korea stock scam losses hit $250 million

South Korea stock scam losses hit $250 million

South Korean retail investors reported $250 million in stock-scam losses in H1 2026, while police investigated 3,506 chatroom-linked cases. 
South Korea Targets 26 Polymarket Users in $12.7M Betting Case
News
Read more - South Korea Targets 26 Polymarket Users in $12.7M Betting Case

South Korea Targets 26 Polymarket Users in $12.7M Betting Case

South Korean police booked 26 Polymarket users over 17.6 billion won in alleged illegal bets, with 18 cases now referred to prosecutors. 
Upbit-Naver Deal Faces Regulatory Clash Over Ownership Rules
News
Read more - Upbit-Naver Deal Faces Regulatory Clash Over Ownership Rules

Upbit-Naver Deal Faces Regulatory Clash Over Ownership Rules

Upbit’s Naver Financial tie-up could face conflicting ownership rules if South Korea caps exchange stakes and holding-company rules apply.
Stock and crypto interest jumps 96% in South Korea - 9
News
Read more - Stock and crypto interest jumps 96% in South Korea

Stock and crypto interest jumps 96% in South Korea

South Korea has recorded a 95.7% year-over-year increase in online interest in stocks and crypto, placing it first among more than 45 countries examined in a September 2026 retail investment study. Coin Insider analyzed Google Trends data from 2025 and…
South Korea CBDC plan draws warning over privacy risks
News
Read more - South Korea CBDC plan draws warning over privacy risks

South Korea CBDC plan draws warning over privacy risks

South Korea’s opposition People Power Party has challenged CBDC adoption as the Bank of Korea expands its deposit-token pilot.
Upbit lists BFC in KRW and USDT markets
News
Read more - Upbit lists BFC in KRW and USDT markets

Upbit lists BFC in KRW and USDT markets

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…
South Korea sees sharp rise in crypto gifts to children before 2027 tax rules - 10
News
Read more - South Korea sees sharp rise in crypto gifts to children before 2027 tax rules

South Korea sees sharp rise in crypto gifts to children before 2027 tax rules

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…
South Korea’s Shinhan recommends 2% digital asset portfolio allocation - 11
News
Read more - South Korea’s Shinhan recommends 2% digital asset portfolio allocation

South Korea’s Shinhan recommends 2% digital asset portfolio allocation

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…
South Korea’s KRW1 stablecoin taps LayerZero for cross-chain expansion - 12
News
Read more - South Korea’s KRW1 stablecoin taps LayerZero for cross-chain expansion

South Korea’s KRW1 stablecoin taps LayerZero for cross-chain expansion

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…