South Korea
Mirae plans to turn crypto exchange Korbit into something Korea hasn't seen before
The South Korean financial giant says its Korbit – soon to be rebranded as Digital X – is just the starting point for a broader ecosystem that connects RWAs, stablecoins and digital assets.
South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's affiliate has taken a controlling stake in a domestic crypto exchange.
Bank of Korea prepares for live CBDC transactions with 9 banks in September
Major banking heavyweights join a massive blockchain network test that will allow retail consumers to trade tokenized won freely across commercial lines.
South Korea to modify 76-year-old law to classify cryptocurrencies as national assets
The government also reaffirmed plans to pilot tokenized government bonds next year and explore tokenizing state-owned real estate.
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
OKX Ventures buys $53 million stake in Korea's Coinone exchange
The crypto exchange's investment arm and Korea Investment & Securities will each invest 80 billion won ($53 million) as Coinone pushes into stablecoins and tokenized securities.
Samsung units to buy $408 million stake in South Korea’s biggest crypto exchange
Samsung Securities is set to take a 2% stake in Dunamu, worth over $200 million, from affiliates of technology conglomerate Kakao.
South Korean funeral company reveals $33 million loss on leveraged ether ETF bet
A Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.
OKX, Korea Investment and Securities said to be in talks for 40% of Coinone
OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year.
Hana Bank to acquire $670 million stake in Upbit operator Dunamu
The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.
