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Mirae Asset has rebranded South Korean cryptocurrency exchange Korbit as Digital X after completing its acquisition of a controlling stake, positioning the platform as the centerpiece of its digital asset strategy. South Korean outlet Herald Business reported that Mirae Asset…
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Mirae Asset has completed its takeover of South Korean cryptocurrency exchange Korbit after securing regulatory approval, paving the way to raise its ownership stake to more than 97%. According to an announcement from Korbit, Mirae Asset Consulting, an affiliate of…
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Circle signs MOUs with Kakao Group and Toss to explore USDC, KRW stablecoins, cross-border payments and blockchain settlement in South Korea.
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South Korea has launched a 9.6 billion won project to expand its CBDC-based deposit token payment system into everyday commercial payments, building on the Bank of Korea’s earlier pilot program. South Korea’s Korea Internet & Security Agency (KISA) and the…
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HashKey, Kbank and BPMG signed an MOU to explore KRW stablecoins for cross-border payments, trade settlement and digital finance across Asia
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South Korean tax officials have proposed amendments to the country’s Criminal Procedure Act to establish a legal framework for seizing self-custodied digital assets, arguing that existing rules do not adequately cover wallets controlled through private keys. According to Digital Asset,…
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South Korea has unveiled a roadmap to make the Korean won a freely convertible currency, pairing foreign exchange reforms with a legal framework for won-backed stablecoins and new digital payment infrastructure. According to a July 19 report from local mediahouse…
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South Korea probed over 40 crypto manipulation cases in two years, referring 30 cases and identifying 25 suspects under its protection laws.
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South Korea’s FSS begins sanctions proceedings against Dunamu over Upbit’s 2025 hack, while legal gaps leave the possible penalties unclear.
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South Korean retail traders reportedly lose $1.45B in a leverage rout, with investors in their 20s and 30s bearing most liquidations.
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South Korea raises its base rate to 2.75%, ending a three-year pause as tighter policy may weigh on the country’s active crypto market.
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South Korea has unveiled plans for a new law that will bring cryptocurrencies and other digital assets into the country’s state asset management framework, expanding rules that have remained largely unchanged for more than seven decades. South Korea’s Ministry of…
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South Korea has reaffirmed plans to expand its blockchain and digital asset sector in the second half of 2026, pairing new blockchain initiatives with legislation for stablecoins, tokenized government bonds, and spot crypto ETFs. South Korea’s Ministry of Economy and…
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Circle is looking to expand its South Korea outreach by organising an invitation-only industry event in Seoul later this month as it pursues new partnerships with banks, crypto exchanges and payments firms. According to industry officials cited by The Korea…
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South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a…
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Dunamu, the operator of South Korean cryptocurrency exchange Upbit, has been selected as the preferred bidder for the Korean National Police Agency’s one-year seized digital asset custody contract. Procurement records published by South Korea’s Public Procurement Service showed that Dunamu…
