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South Korea’s top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation. New Rules on…
Several major South Korean companies have said they have not formally joined the newly announced Open USD (OUSD) consortium, despite being listed among its participating organizations. Open Standard, the independent…
South Korea’s Kiwoom Securities is reportedly in early negotiations to buy a stake in Bithumb through a private placement of new shares, adding a major brokerage to the list of…
Mike McCluskey argues that bitcoin’s slide is due to its high-beta relationship with tech equities rather than broken crypto-native fundamentals. The Seoul-to-Nasdaq Contagion On Tuesday, June 23, the South Korean…
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user data.
South Korea’s Financial Services Commission has placed token securities infrastructure within a wider capital-market modernization plan covering faster settlement, longer trading hours and digital transformation.
Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s…
Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.
South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet Bank Toss Bank,…
South Korean police have named Bithumb CEO Lee Jae-won as a suspect in an ongoing bribery probe, upgrading his status from a witness. Allegations of Job Solicitation South Korean police…