South Korea
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.
Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge
South Korea's financial watchdog imposed a $24.6 million fine on Bithumb and partial suspension that came into effect last month.
From SWIFT to onchain: South Korea’s biggest digital bank taps Ripple for high-speed global transfers
KBank is using Palisade, Ripple's software-as-a-service wallet that was acquired earlier this year as part of Ripple's $4 billion in crypto-related investments.
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.
