Latest News and Articles about South Korea
Private Markets Stall as Tokenization Pitches a Fix for Venture Liquidity Crunch
Private markets are getting jammed up, exits are slowing, and tokenization is being pitched as a real fix for a venture capital system that keeps locking up capital for too long. Liquidity is drying up across private markets and venture capital. South Korea is feeling the squeeze as late-stage startups face down rounds and delayed […]
Read MoreSouth Korea Crypto Tax Revolt Hits 52,900 Signatures, Pushing 22% Gains Tax Under Review
South Korea’s crypto tax revolt is getting louder. A public petition calling for the repeal of cryptocurrency taxation has now cleared 52,900 signatures, sending the demand to the National Assembly for formal review and putting the country’s crypto policy under a bright, unforgiving spotlight. 52,900+ signatures force parliamentary review 22% crypto gains tax faces backlash […]
Read MoreSouth Korea Weighs Scrapping 22% Crypto Gains Tax After Investor Backlash
South Korea is weighing a sharp U-turn on its planned 22% crypto gains tax after retail investors erupted, a petition crossed the legal threshold for review, and lawmakers started asking whether the policy was even workable in the first place. Planned 22% crypto gains tax faces repeal pressure Threshold was 2.5 million won, or about […]
Read MoreSouth Korea Stablecoin Race Shifts to Settlement Infrastructure, Not Token Minting
South Korea’s Stablecoin Fight Is No Longer About Minting Tokens — It’s About Making Them Usable South Korea’s stablecoin debate is finally moving past the shiny-object phase. The real question now is not who issues the next won-pegged token, but who can build the compliant settlement rails that let institutions actually use stablecoins without tripping […]
Read MoreKB Financial Tests Won Stablecoin Payments as South Korea Delays Crypto Rules
South Korea’s biggest banking group has completed a won-pegged stablecoin pilot that actually did something useful — while the country’s regulators are still stuck in a turf war over who gets to control the rails. KB Financial Group finished a won-denominated stablecoin trial Payments, merchant settlement, and remittances were tested on blockchain infrastructure QR payments […]
Read MoreSouth Korea Warns on AI-Branded Crypto Scams, Referral Funnels and Unregistered Trading Risks
South Korea is seeing a fresh wave of crypto schemes dressed up in AI branding, while regulators keep a close eye on referral-driven funnels that may cross the line into unregistered virtual asset activity. AI branding is being used as a trust gimmick. KakaoTalk and Telegram are key recruitment channels. Offshore exchanges, referral fees, and […]
Read MoreSouth Korea’s “Node” Crypto Sales Raise MLM and Scam Red Flags
South Korea’s crypto market is getting flooded with “node” offers that look less like blockchain infrastructure and more like an old-fashioned recruiting machine wearing a Web3 jacket. “Buy a node, get paid coins every day” Referral bonuses, staged price hikes, and USDT payments TokenPost says many “node” pitches look suspiciously MLM-like According to TokenPost, South […]
Read MoreSouth Korea Faces Stablecoin Trilemma as USD Tokens Threaten Digital Dollarization
South Korea is wrestling with a stablecoin problem that cuts straight to the heart of digital money: can a won-based token stay useful, stay safe, and stop dollar stablecoins from quietly taking over settlement in crypto and commerce? Trilemma: sovereignty, adoption, redemption stability Risk: digital dollarization through USD stablecoins Reality: approval does not create utility […]
Read MoreSouth Korea Pushes Tokenized Securities Rules for July as Crypto Tax and Stablecoin Debate Lingers
South Korea is pushing ahead with tokenized securities rules in July, while also tightening crypto taxes and leaving stablecoin policy stuck in a bureaucratic fistfight. Tokenized securities rules expected in July Main law takes effect February 4, 2027 Crypto tax enforcement also set for 2027 Stablecoin legislation remains delayed South Korea’s tokenized securities framework takes […]
Read MoreLazarus Group Turns South Korea Into a Crypto Crime Battleground
North Korean-linked hackers have turned South Korea into one of crypto’s most active battlegrounds, with the Lazarus Group tied to major exchange breaches, laundering pipelines, and scam networks that keep evolving faster than enforcement can lock them down. Lazarus Group linked to 6 of 9 major South Korean exchange hacks More than $120 million confirmed […]
Read MoreSouth Korea Accelerates Won Stablecoin Push to Counter Dollar Dominance
South Korea is accelerating its push for a won-based stablecoin framework as lawmakers and industry leaders warn that dollar-backed tokens could lock the country into someone else’s payment rails. Won-based stablecoin push: Korea wants a domestic answer before dollar tokens become the default Policy race: lawmakers are weighing MiCA, the U.K., and Korea’s digital-asset basic […]
Read MoreSouth Korea Sets January 2027 Crypto Tax, 22% Rate on Gains Above 2.5M Won
South Korea has locked in a January 2027 start date for its crypto tax, ending years of delays and political foot-dragging. The new rule will hit gains above 2.5 million won a year, with a combined 22% tax on crypto profits. 22% crypto gains tax begins in January 2027 2.5 million won yearly threshold before […]
Read MoreSouth Korea Locks in 2027 Crypto Tax: 22% on Gains Above 2.5M Won
South Korea has finally nailed down a start date for its long-delayed crypto tax, and traders hoping the whole thing would quietly die in committee can stop dreaming. Tax date locked: Jan. 1, 2027 Rate: 22% on gains above 2.5 million won Scope: Crypto transfers and lending income Rollout: Guidance due in 2026, first filing […]
Read MoreSamsung SDS Wins South Korea Tokenized Securities Platform Deal, Launch Set for 2027
Samsung SDS is pushing South Korea’s tokenized securities market from pilot mode into actual financial infrastructure, with a contract to build and operate the Korea Securities Depository’s blockchain-based platform through 2027. Samsung SDS won the KSD token securities platform contract Production-ready launch is expected by February 2027 South Korea’s legal framework for security tokens kicks […]
Read MoreSouth Korea’s Stablecoin Crisis: BOK-FSC Clash Delays Critical Crypto Laws
South Korea Urges Stablecoin Regulation as BOK-FSC Clash Delays Crypto Laws South Korea finds itself in a high-stakes race to regulate stablecoins, with an overseas Korean won (KRW)-pegged token igniting fears over the erosion of national monetary sovereignty. Lawmakers are championing the Digital Asset Framework Act to bring order to the chaos, but a fierce […]
Read MoreSouth Korea’s 2024 Blockchain Pilot in Sejong City Targets Public Fund Misuse
South Korea Launches Blockchain Payment Pilot for Public Funds in Sejong City 2024 South Korea is making waves in the realm of digital finance with a groundbreaking blockchain payment pilot aimed at cracking down on the misuse of public funds. Spearheaded by the Ministry of Economy and Finance, this initiative could redefine government spending transparency […]
Read MoreSouth Korea Pioneers Blockchain Tokenized Deposits for Government Spending in Sejong City
South Korea Leads the Charge with Blockchain Tokenized Deposits for Government Spending South Korea has just fired a shot across the bow of traditional public finance, launching a pioneering pilot in Sejong City to use blockchain-based tokenized deposits for government operational spending. This isn’t just a tech experiment—it’s a potential game-changer for how taxpayer money […]
Read MoreSouth Korea Fines Coinone $3.5M for AML Failures: Crypto Crackdown Heats Up
South Korea Slams Coinone with $3.5M Fine for AML Violations: Crypto Crackdown Intensifies South Korea is dropping the hammer on cryptocurrency exchanges, and Coinone, the nation’s third-largest platform, is the latest to get crushed under the weight of regulatory fury. With a jaw-dropping $3.5 million fine and a three-month partial suspension for glaring anti-money laundering […]
Read MoreSouth Korea Slams Coinone with $3.5M Fine for AML Violations in Crypto Crackdown
South Korea Hammers Coinone with $3.5M Fine for AML Failures in Sweeping Crypto Crackdown South Korea has unleashed a formidable blow on Coinone, one of its major cryptocurrency exchanges, with a 5.2 billion won ($3.5 million) fine and a three-month partial business suspension over glaring anti-money laundering (AML) violations. The Financial Intelligence Unit (FIU) exposed […]
Read MoreSouth Korea’s New Crypto Bill Targets Strict Stablecoin and RWA Regulation
South Korea’s New Crypto Bill Targets Stablecoin Regulation and RWA Oversight South Korea is making waves in the crypto regulatory scene with a draft bill that seeks to bring stablecoins and tokenized real-world assets (RWAs) under the tight grip of existing financial laws. Known as the “Digital Asset Basic Act,” this long-overdue piece of legislation, […]
Read MoreSouth Korea Pushes Crypto Circuit Breakers After Bithumb’s $42B Bitcoin Blunder
South Korea Demands Crypto Circuit Breakers After Bithumb’s $42 Billion Disaster South Korea’s central bank is raising hell after Bithumb, one of the nation’s top cryptocurrency exchanges, fumbled a clerical error into a staggering $42 billion Bitcoin payout blunder. The Bank of Korea (BOK) is now pushing hard for mandatory “circuit breakers” on crypto platforms […]
Read MoreSouth Korea Cracks Down on Crypto Withdrawals to Curb $127M Fraud Losses
South Korea Crypto Regulations Crack Down on Withdrawals to Fight $127M Fraud Losses South Korea, a titan in the global cryptocurrency arena, has unleashed a regulatory iron fist to curb rampant fraud after losing a jaw-dropping 170.5 billion won—equivalent to roughly $127 million USD—between June and September 2023. With scammers exploiting glaring loopholes in exchange […]
Read MoreSouth Korea’s KRW Stablecoin Dilemma: Risks to FX Controls and Monetary Stability
South Korea Faces KRW Stablecoin Risks: Threats to FX Controls and Monetary Policy South Korea is caught in a high-stakes bind as it contemplates the launch of a won-denominated stablecoin, a digital token pegged to the Korean won (KRW). Imagine converting your hard-earned won into a borderless digital asset and zapping it overseas in seconds, […]
Read MoreSouth Korea’s Tough Crypto Rules: Asset-Matching Mandate Shakes Up Exchanges
Think Your Crypto Is Safe? South Korea’s New Rules Might Make You Rethink Everything South Korea is dropping a bombshell on cryptocurrency exchanges with regulations so tight they could reshape how the world views digital asset security. The Financial Services Commission (FSC) has ordered all domestic platforms to implement near real-time asset-matching systems by the […]
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