South Korea
7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial
Customers at 7-Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency with a 10% discount to incentivize adoption.
South Korea Plans Sanctions Against KuCoin, Others: Report
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions
Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report
Investigation centers on claims that Bithumb helped a former CEO finance an apartment
The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison
The CEO of South Korea’s Haru Invest was stabbed in court during his fraud trial in August 2024.
South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings
The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone.
Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea
The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.
South Korea to Start Lifting Ban on Corporations Trading Crypto
The country restricted institutions from trading crypto in 2017.
VIRTUAL Surges 28% as Upbit Listing Exposes the Token to Altcoin Savvy South Koreans
VIRTUAL is the native token of the AI launchpad Virtuals Protocol, a Base-native that recently expanded to Solana.
Upbit, South Korea's Largest Crypto Exchange, May Face Sanctions in the Country: Report
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
Arbitrum Deepens Ties with South Korea's Lotte Group
Lotte’s Caliverse, an AI-driven entertainment experience, is coming to the layer-2 network, allowing web3 users to pay for services with crypto.
