Auto Added by WPeMatico
SBI Digital Practice and Kyobo Life completed a cross-border pilot that directly converted yen-linked test tokens into won-linked tokens. The trial examined whether stablecoin infrastructure could reduce delays, conversion steps,…
South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds and investment funds into blockchain-based tokens, with the earliest phase due to start in…
Bitcoin rose 25% in August, its strongest monthly gain since November 2024. The asset briefly crossed $80,000 last week but has since settled near $78,000. The rally, nonetheless, has renewed…
Dunamu, the operator of Upbit, signed a strategic partnership with Visa on Aug. 27 to build stablecoin and artificial intelligence (AI)-driven payment infrastructure, the companies announced in San Francisco. Upbit’s…
Factblock CEO and Korea Blockchain Week organizer Andrew Park outlines South Korea’s transition from a retail-driven crypto market to an institutional digital finance hub. However, he believes institutional adoption relies…
South Korea’s Financial Supervisory Service has deployed an AI-powered surveillance system to monitor crypto markets and detect unfair trading practices in real time. Algorithms Track ‘Racehorse’ and ‘Cage’ Schemes South…
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…