South Korea
Bank of Korea to Establish Virtual Asset Team as Lee Looks to Shape Crypto Regime: Report
The team will be responsible for monitoring the digital asset market and holding discussions on crypto-specific legislation.
South Korea Tells Firms to Cut Exposure to Crypto ETFs, Coinbase and Strategy: Report
The report seems to suggest a change in stance by South Korea, which was reportedly looking to ease crypto trading.
Crypto Exchange Coinone Wins South Korean Court Battle Over Doubled Bitcoin Withdrawals
The court ruled the customers benefited from unjust enrichment due to a network delay, not the exchange’s servers.
South Korean Exchange Upbit to Work on Won Stablecoin With Naver Pay: Report
A KRW stablecoin could effectively iron out the spread between exchanges and end the "kimchi premium."
Bank of Korea Halts CBDC Project as Government Submits Stablecoin Bill: Report
The project had reached the stage of developing a pilot program together with participating banks.
Circle Mania Grips South Korea as Retail Investors Pile Into Stablecoin Play
South Korea’s retail traders just made Circle their top foreign stock as a new president ramps up stablecoin regulations.
A South Korean Biotech Firms Gets $183.3M Funding to Build Bitcoin Treasury
The company is also preparing to list on public markets in the U.S. via a special purpose acquisition company, SilverBox Corp IV.
Korean Crypto KOLs Fuel Massive $USELESS Rally as Traders Shrug Off Traditional Narratives: Asia Morning Briefing
Meet Korea's next alt coin, $USELESS.
Tencent Is Looking to Buy Nexon, the Creator of Web 3 Gaming Franchise MapleStory
The deal could help Tencent secure long-term control over popular intellectual property and expand its presence in the South Korean gaming market.
South Korea's Ruling Party Wants to Allow Companies to Issue Stablecoins: Bloomberg
Under a proposed law, companies would be able issue their own tokens provided they meet equity capital requirements and can guarantee refunds through reserves.
