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South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s…
A South Korean court has acquitted Haru Invest CEO Lee Hyung-soo of fraud charges tied to the loss of approximately $650 million in crypto. The 15th Criminal Division of the…
South Korea’s financial regulator has submitted a roadmap outlining plans to approve spot crypto ETFs and a Korean won-based stablecoin market, signaling a major shift in the nation’s digital asset…
TL;DR Three low-cap altcoins experienced significant rallies after being embraced by Upbit and Bithumb. This isn’t the first time Korean exchanges have driven price pumps – Ravencoin (RVN), Pocket Network…
Data from Kaiko Research reveals that South Korea’s won ranks as the second most heavily used fiat currency in crypto trading, just behind the U.S. dollar. Since the beginning of…
Since late May—spanning the past 17 days—the price gap for bitcoin in South Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 8, bitcoin is…
TL;DR One unexpected altcoin just went vertical, outperforming all cryptocurrencies from the top 100 club. Its impressive rally is likely driven by support from Upbit. ‘The Sleeping Giant Just Woke…
K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K…
Over the past 24 hours, bitcoin has drifted between $103,133 and $104,841, while South Korea’s notorious premium quietly inverted, dipping into discount territory for several days this month. Bitcoin’s Comeback…
Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent…