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Bank of Korea plans to regulate stablecoins under forex law
The Bank of Korea announced it will draft an amendment to the Foreign Exchange Transactions Act to regulate stablecoins...
South Korea nears crypto framework as tax timeline remains in question
Bill consultations near end while Jan 2027 crypto tax faces growing pressure to delay.
Shinhan and SBI explore yen stablecoin payments for Japanese visitors in South Korea
Shinhan Card and SBI units will study yen-backed stablecoin payments, wallet transfers and trade settlement for cross-bo...
Injective and BDACS plan won-backed stablecoin for tokenized assets
Injective and South Korean custodian BDACS signed an MOU to use the won-backed KRW1 stablecoin for settling tokenized re...
South Korea passes new rules allowing courts to seize and sell Bitcoin for unpaid debts
Supreme Court introduces procedures for freezing, transferring and liquidating crypto assets, effective Nov. 1, covering...
South Korea Stock Crash Erases More Than a Year's GDP — What It Means for Investors
KOSPI drops over 8% in a day, wiping out $2 trillion. The losses exceed South Korea's GDP and all Bitcoin combined. What...
South Korea names two crypto firms in data breach sweep
Streami and Pravang are among 16 financial companies targeted in a wave of customer data breaches across South Korea.
Bitcoin falls to $80,154 as South Korean tech rout deepens
Bitcoin tracks losses from South Korea's KOSPI index, which fell 7.5% and closed at its lowest level since April.
South Korea's Jeonbuk Bank Launches First Bitcoin-Backed Loans
Jeonbuk Bank has become the first South Korean lender to offer won-denominated bitcoin-backed loans for corporate client...
Bitcoin rebounds above $83,000 as South Korea's AI stock crash triggers $813 million in crypto liquidations
Bitcoin recovered from below $81,000 despite a sharp selloff in South Korean stocks and $813 million in cryptocurrency l...
South Korea's Jeonbuk Bank Starts Bitcoin-Backed Business Loans
Jeonbuk Bank reportedly became South Korea's first commercial bank to accept Bitcoin as collateral for corporate loans,...
South Korea Blocks 27 Unregistered Crypto Exchange Websites
South Korea's Financial Intelligence Unit approves website blocks targeting KuCoin, MEXC, and other unregistered crypto...