South Korea
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address
The BOK will increase scrutiny of crypto markets and non-bank finance, and will also modernize currency markets for 24-hour foreign exchange trading, he said.
Bitcoin is now calmer than South Korea's stock market. Here's why it matters
Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge.
South Korea to test blockchain deposit tokens for government spending in Q4
Token-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing intermediaries.
Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins
The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls.
Bank of Korea calls for stock-style circuit breakers on BTC exchanges
Crypto's 24/7 global trading across hundreds of venues makes it difficult for any single country to halt the market.
Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption
The partnership focuses on privacy, compliance and standards for regulated digital-asset adoption in South Korea.
Upbit Reveals 5.9B-Won Corporate Loss in Latest Hack, Fully Reimburses Users
Upbit said it reimbursed all 38.6 billion won in member assets from its reserves.
Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox
The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.
South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report
The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.
Bitcoin's ‘Kimchi Premium’ Jumps to 10%, Worrying Sign for BTC in Short-Term
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
