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South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks

South Korea’s Toss, operated by Viva Republica, is developing a proprietary layer one (L1) blockchain mainnet and native cryptocurrency to integrate across its payment, banking, and securities ecosystem, according to…

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South Korea’s Tax Agency Eyes Private Custodians for Seized Crypto Following Mnemonic Leak

South Korea’s National Tax Service (NTS) is moving to hand off seized virtual assets to private custody providers after a recent security lapse exposed the risks of doing it in-house.…

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From Trillion-Dollar Chips to Power Grid Stress: AI’s Breakneck Week Explained

This week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in chip orders at…

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Seoul Banking Alliance: Hana Financial and Standard Chartered Expand Stablecoin Cooperation

South Korea’s Hana Financial Group has signed a strategic partnership with Standard Chartered Group to collaborate on global banking operations and emerging digital asset businesses, including stablecoins. Hana Financial–Standard Chartered…

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South Korea Fines Bithumb $25M and Orders 6-Month Partial Suspension Over AML Violations

South Korean regulators have imposed a roughly $25 million fine and a six-month partial business suspension on crypto exchange Bithumb after finding millions of anti-money-laundering and identity-verification violations. Bithumb Sanctioned…

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Bitcoin Diverges From Global Prices in South Korea — Third Major Discount Since FTX

With bitcoin trading between $65,962 and $73,669 this week, market data shows South Korea posted its deepest discount to global prices since December 2024. Rare Bitcoin Discount Hits South Korea…

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