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Ripple’s partnership with Jeonbuk Bank will give regional businesses access to near-real-time cross-border settlement. The service targets international transfers that can take days to complete and provide limited visibility through…
South Korea has decided to block domestic access to Polymarket after authorities determined that its services facilitate activities considered illegal gambling under local law. The Korea Media and Communications Commission…
Ripple has partnered with Jeonbuk Bank in South Korea as the latter prepares to deploy Ripple Payments for cross-border remittances. The deal makes Jeonbuk Bank the first regional bank in…
South Korea’s Seoul Southern District Court has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after finding him guilty of fraud involving nearly 70 billion Korean won ($49.2…
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a…
South Korea’s KOSPI crashed more than 33% in July, its worst monthly drop on record, then reversed it with an 18% single-day surge on the last day of the month.…
South Korean cryptocurrency exchange Bithumb has put dates behind its long-discussed public listing, outlining a three-stage plan that targets an initial public offering in 2028. Rather than promising a quick…
South Korean police arrested three suspects accused of stealing 12.3 billion won, or about $9 million, from 71 XRP investors. Investigators traced 27.3 billion won through related wallets, indicating that…
Ripple USD now trades across South Korea’s four largest cryptocurrency exchanges, expanding direct won access to one of the world’s busiest digital asset markets. Trading activity on the country’s top…
South Korean authorities have uncovered a cryptocurrency fraud case that exploited interest in a newly launched blockchain token. The operation targeted XRP holders through a fake investment platform that disappeared…