South Korea
South Korea to Propose Stablecoin Consolidation Bill
South Korea’s Financial Services Commission plans to propose a consolidated digital asset bill covering stablecoins and wider market rules. FSC Chairman Lee Eog-weon presented the plan during a National Assembly...
Bank of Korea Completes Tokenized Cross-Border Payment Trial in 80 Seconds
The Bank of Korea (BOK) has completed a live cross-border payment trial that settled transactions using tokenized central bank reserves and commercial bank deposits, with the full process taking an...
South Korea Weighs Curbs on Samsung and SK Hynix Leveraged ETFs After Investor Losses
South Korean financial authorities are reviewing tighter restrictions on single-stock leveraged exchange-traded funds (ETFs) tied to Samsung Electronics and SK Hynix after market declines erased billions in retail investor wealth....
Bank of Korea’s CBDC Trial Lacked Independent Security Audits: Report
The Bank of Korea’s first central bank digital currency (CBDC) pilot was carried out without formal inspections during or after the trial, according to data submitted by South Korea’s Financial...
South Korea Moves to Pass Stablecoin Law by Year-End
South Korea’s government convened its first official forum on stablecoin legislation on Tuesday, with Deputy Prime Minister and Finance Minister Koo Yun-cheol presiding over discussions that signal a push to...
South Korea Restarts Digital Asset Law Discussions With Year-End Target
South Korea has resumed efforts to advance its second-phase virtual asset legislation after a four-month pause in the legislative process. Financial authorities and lawmakers resumed discussions on the Digital Asset...
South Korea Prepares Crypto Tax Rollout Despite Repeal Push
South Korea is moving ahead with preparations to introduce taxation on cryptocurrency income despite ongoing attempts to overturn the policy through legislation and a public petition. While the National Tax...
South Korea Expands Blockchain Plans Alongside AI Investment Push
South Korea is restoring blockchain to its economic policy agenda, although artificial intelligence remains the government’s leading growth priority for late 2026. The renewed strategy combines stablecoin regulation, tokenized government...
South Korea Supreme Court Sets New Rules for Crypto Asset Seizures
South Korea’s Supreme Court has proposed updating the country’s Civil Execution Rules to establish formal procedures for seizing crypto assets when courts need to enforce their decisions. Until now, courts...
KRX Tightens KOSDAQ Rules for Digital Asset Business Shifts
The Korea Exchange (KRX) has introduced new listing rule changes that tighten oversight of companies that entered the KOSDAQ market through the technology special listing program. Under the revised framework,...
South Korean Regulator Escalates Two Market Manipulation Cases for Investigation
The South Korean Financial Services Commission (FSC) has decided to report two cases involving virtual asset market price manipulation to investigative authorities. Two Cases of Market Manipulation According to a...
Bank of Korea Considers Tokenized Government Bonds After Project Hangang Success
The Bank of Korea (BOK) is considering expanding asset tokenization beyond deposits and central bank money to include government bonds. The move follows the successful completion of the first phase...
South Korea’s Crypto-Finance Race Heats Up As Kiwoom Eyes Stake In Bithumb
South Korea’s traditional financial firms are moving deeper into the cryptocurrency industry, with another major brokerage now exploring an investment in one of the country’s largest digital asset exchanges. According...
Bank of Korea Warns Crypto Could Become Systemic Risk as Institutions Enter
South Korea’s central bank has issued its clearest warning yet that cryptocurrency markets are no longer safely separated from the country’s mainstream financial system. The Bank of Korea’s Financial Stability...
South Korea Tax Proposal Sparks Market Turmoil as Global Risk Assets Retreat
South Korean financial markets suffered a sharp selloff on Tuesday after lawmakers discussed a proposal that could tax unrealized gains on stocks and real estate. The discussion rattled investors and...
South Korean Crypto Remittance Surge 380%, Outpacing Bank Remittance Growth of 20%
Cross-border cryptocurrency transfers through South Korea’s exchanges have expanded nearly fivefold in three years, outpacing growth in traditional bank remittances. Data from lawmaker Kim Sang-hoon’s office showed overseas exchange transfers...
5 Reasons for South Korea Stock Market Crash Today
South Korea’s benchmark KOSPI Index fell sharply by almost 10% today, which was one of its steepest single day falls ever. The stock market fall took away billions from the...
South Korea Expands Deposit Token Plans With Banks and Sandbox Reforms
South Korea is expanding its digital-finance initiatives by integrating tokenized deposits more closely with the banking system while advancing regulatory reforms for emerging financial technologies. Recent developments span Project Hangang’s...
South Korea’s Toss Bank Signs Deal With Solana Foundation
Toss Bank, South Korea’s third-largest internet-only bank with 15 million customers, signed a strategic memorandum of understanding with the Solana Foundation in Seoul on June 19, marking the first direct...
South Korea Plans to Open Overseas Crypto Transfers to Fintech Firms
South Korea is considering expanding fintech firms’ role in cross-border crypto transfers as it drafts an enforcement decree under the revised Foreign Exchange Transactions Act. The government is reviewing registration...
South Korean Investors Buy $800 Million of SpaceX Shares on Debut Trading Day
South Korean retail investors directed more than $800 million into SpaceX shares on the company’s first day of public trading, making it the most-purchased U.S. stock among local individual investors....
South Korea Builds Crypto Future as Trading Slows
South Korea’s cryptocurrency market is slowing in trading activity even as institutional development continues to expand. A new report from CoinGecko shows the sector is gradually shifting away from speculative...
South Korea Ends Compulsory Reporting of Crypto Transfers Above 10M Won
South Korean financial authorities have backed away from a controversial proposal that would have forced crypto exchanges to automatically report transfers above 10 million won ($7,300) involving overseas crypto platforms...
South Korea’s DAXA Forces Crypto Exchanges to Invalidate Suspicious API Keys
South Korea’s Digital Asset Exchange Alliance (DAXA) has established mandatory compliance standards requiring the country’s major cryptocurrency exchanges to detect and invalidate API keys suspected of being improperly shared or...
Samsung Units Invest $408M for 4% Stake in Dunamu
Samsung Securities, Samsung SDS, and Samsung Card are moving deeper into South Korea’s digital-asset sector by purchasing a $408 million stake in Dunamu, the operator of Upbit. The three Samsung...
