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South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into the country’s existing taxation framework once financial regulators finalize their legal interpretation. According to…
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KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising. According to local media reports, the bank issued the two-year U.S. dollar-denominated bond…
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South Korea’s KOSPI has recorded a sharp market decline after emergency circuit breakers halted trading twice in one week. The benchmark index fell 13% across eight trading days as margin calls and hedging demand rose. The selloff has also hit…
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Chainalysis and South Korean police expand crypto crime training, certification and blockchain tracing as North Korean theft risks increase.
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Nvidia has announced new South Korean partnerships with SK Hynix, Naver, SK Telecom, Doosan Group, LG Group, and Hyundai Motor Group. The agreements came during CEO Jensen Huang’s visit to South Korea, where he met several corporate leaders. The companies…
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South Korean police have reportedly searched Bithumb’s offices as part of an investigation into allegations that independent lawmaker Kim Byung-gi used his political influence to help secure employment for his son at cryptocurrency companies. According to a Monday report from…
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South Korean police have launched the country’s first known investigation into domestic Polymarket users, with authorities examining whether participation in the prediction market platform violated local gambling laws. According to a Chosun Biz report, the Gangwon Provincial Police Agency is…
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Shinhan Financial Group moves to join Canton Network governance as it seeks to expand Korean tokenized financial products overseas.
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DAXA issued new API key rules for Korean exchanges after FSS warned automated trading makes up about 30% of domestic crypto turnover.
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OKX Ventures has agreed to acquire a 19.6% stake in South Korean cryptocurrency exchange Coinone through an 80 billion won ($53 million) investment, expanding the global exchange group’s presence in one of Asia’s largest digital asset markets. According to a…
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Samsung units will buy a 4% stake in Upbit parent Dunamu for $408M as Korean banks and tech firms prepare for new digital asset rules ahead.
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South Korea crypto trading falls to 8% of KOSPI volume as stocks rise, exchange activity slows and Bitcoin trades at a local discount.
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South Korea charges CATFI operators in its first DEX rug pull arrest after a Solana meme coin scheme caused $260k in illegal gains.
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South Korea’s planned cryptocurrency tax has come under renewed political scrutiny after a public petition seeking its repeal cleared the signature threshold required for legislative review. According to South Korea’s National Assembly petition system, the motion surpassed 50,000 signatures at…
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South Korea funeral firm Bumo Sarang has a $33M paper loss on leveraged Ethereum ETF BMNU as prepaid fund oversight draws scrutiny in Korea.
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KB Financial completed a won stablecoin pilot for offline QR payments and Vietnam remittances, cutting fees 87% as Korea crypto rules wait.
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