Latest News and Articles about South Korea
South Korea Targets Upbit, Bithumb Over Risky Crypto Lending Practices
South Korea Clamps Down on Upbit and Bithumb Over Risky Crypto Lending Practices South Korean financial regulators have put Upbit and Bithumb, the country’s dominant cryptocurrency exchanges, under intense scrutiny over their high-leverage crypto lending and margin trading products launched in July 2025. With leverage ratios as high as 4:1, concerns about investor safety, potential […]
Read MoreTrump-South Korea Trade Deal: Tariff Cuts and Crypto Potential Unveiled
Trump’s South Korea Trade Deal: Tariff Cuts, Investments, and a Crypto Opportunity? President Trump has inked a fresh trade agreement with South Korea, scaling back a previously threatened 25% tariff on their imports to a more digestible 15%, a move signaling both compromise and continued U.S. muscle-flexing. Shared through Trump’s Truth Social platform, this deal […]
Read MoreSouth Korea’s Bank of Korea Forms Cryptoassets Department for Stablecoin Regulation
South Korea’s Bank of Korea Launches Cryptoassets Department for Stablecoin Oversight South Korea’s central bank, the Bank of Korea (BOK), has taken a decisive step into the cryptocurrency realm by establishing a new Cryptoassets Department within its Financial Settlement Bureau. This move, centered on monitoring Korean won (KRW)-pegged stablecoins and navigating legislative shifts, signals Seoul’s […]
Read MoreSouth Korea’s Political Giants Battle Over Stablecoin Rules: Interest or Stability?
South Korea’s Political Titans Clash Over Stablecoin Rules: Innovation or Risk? South Korea has thrown its hat into the global stablecoin ring, with the nation’s two powerhouse political parties—the ruling Democratic Party (DP) and the opposition People Power Party (PPP)—rolling out rival bills on July 28, 2025, to regulate Korean Won (KRW)-pegged digital assets. This […]
Read MoreSouth Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Threat?
South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Risk? South Korean cryptocurrency exchanges have dropped a bombshell, shelling out $87 million (120.26 billion won) in interest on fiat deposits to customers over the past year. This eye-popping figure stems from a bold regulatory move, but it also raises prickly questions about […]
Read MoreSouth Korea Faces US Tariffs: Tech and Crypto Supply Chains at Risk
South Korea’s Trade Battle with the US: Tariffs Threaten Tech and Crypto Horizons South Korea is locked in a critical race against time to hammer out a trade deal with the United States before a punishing 25% tariff on its exports slams into effect on August 1, 2025. With high-level talks scheduled for next week, […]
Read MoreSouth Korea Cracks Down on Crypto ETFs: Coinbase, MicroStrategy in Regulatory Crosshairs
South Korea Crypto Crackdown: Regulators Target Coinbase, MicroStrategy ETFs South Korea’s financial watchdog has thrown a wrench into the crypto investment game, with the Financial Supervisory Service (FSS) issuing verbal guidance to fund managers to slash exposure to crypto-related stocks like Coinbase and MicroStrategy (now Strategy) in exchange-traded funds (ETFs). This hardline stance, echoing a […]
Read MoreK-Pop Star Park Gyuri Linked to Pica Coin Scandal in Ex-Boyfriend’s Fraud Trial
K-Pop Star Park Gyuri of Kara Entangled in Pica Coin Crypto Scandal Amid Ex-Lover’s Fraud Trial Park Gyuri, a founding member of the legendary K-pop group Kara, is caught in a storm of allegations over her ties to Pica Coin, a failed art-themed altcoin, as her ex-boyfriend Song Ja-ho stands trial for fraud and breach […]
Read MoreSouth Korea’s Ex-First Lady Kim Keon-hee Linked to Crypto Scam Probe with Park
Ex-South Korean First Lady Kim Keon-hee Tied to Crypto Scam Probe with Market Maker Park South Korean prosecutors have launched a bombshell investigation into former First Lady Kim Keon-hee, probing her potential links to a notorious crypto market maker known as Park, or by his alias Jon Bur Kim. Accused of masterminding massive altcoin scams, […]
Read MoreShinhan Bank’s SOL App Brings Crypto to South Korea: Adoption Breakthrough or Risky Move?
South Korea’s Shinhan Bank Pioneers Crypto Integration with SOL App—Mainstream Adoption or Risky Gamble? Shinhan Bank, a titan in South Korea’s financial arena, has just made a groundbreaking move by embedding cryptocurrency services into its SOL banking app, becoming the first domestic bank in the nation to do so. In a country where tech obsession […]
Read MoreXRP Open Interest Soars to $8B: Will Price Break $3 or Crash in 2025?
XRP Open Interest Hits Staggering Heights: Can It Push Price Beyond $3? XRP is back in the headlines with a jaw-dropping surge in open interest, climbing over 50% in July 2025 to nearly match its all-time high from January. As traders pile into this altcoin with renewed fervor, the big question looms: could this momentum […]
Read MoreXRP Surges to $3, Outpacing Bitcoin and Ethereum: Can the Rally Hold?
XRP Price Surges to $3, Outpacing Bitcoin and Ethereum: Is This Rally Built to Last? XRP has stormed past the $3 mark in a blistering rally, clocking a staggering $11.8 billion in trading volume that leaves Bitcoin (BTC) and Ethereum (ETH) trailing in its wake. Fueled by retail investor frenzy, particularly from South Korea, this […]
Read MoreBithumb’s 2026 IPO and South Korea’s Stablecoin Surge: Crypto’s New Frontier
Bithumb’s IPO Gamble and South Korea’s Stablecoin Push: A Blockchain Balancing Act South Korea is making waves in the crypto world with two major developments that could reshape its blockchain landscape. Bithumb, one of the country’s heavyweight exchanges, is charging toward a 2026 initial public offering (IPO) on the KOSDAQ exchange with a strategic spinoff […]
Read MoreSouth Korean Neobanks Kakao and Toss Dive into Crypto with Stablecoin Push
South Korean Neobanks Kakao Bank and Toss Bank Charge into Crypto Amid Regulatory Winds of Change South Korea’s fintech powerhouses, Kakao Bank and Toss Bank, are making aggressive moves into cryptocurrency and stablecoin markets, seizing on a pivotal shift in the nation’s regulatory framework. With a new pro-crypto president at the helm and public interest […]
Read MoreSouth Korea’s Tariff Battle with U.S. Threatens Tech and Bitcoin Mining Supply Chains
South Korea’s Trade Deadline Push with the U.S.: Tariffs Threaten Tech and Crypto Supply Chains South Korea is in a high-stakes battle to extend trade negotiations with the United States beyond the looming July 9, 2025, deadline, as a potential tariff surge from 10% to 25% threatens to hammer its export-driven economy. As a key […]
Read MoreSouth Korea, Thailand, Malawi Lead Blockchain Digital ID Push for Inclusion
Digital ID Surge: South Korea, Thailand, and Malawi Push Inclusion with Blockchain Governments are sprinting toward digital identity systems, and South Korea, Thailand, and Malawi are leading the charge with initiatives that blend cutting-edge tech like blockchain technology with a focus on empowering marginalized groups, particularly people with disabilities. These efforts signal a transformative shift […]
Read MoreSouth Korea’s Crypto Boom: 51% Trade, But Is It Sustainable?
South Korea’s Crypto Surge: Over Half Have Traded, But Is This Boom Built to Last? South Korea stands as a powerhouse in the cryptocurrency world, with a recent survey by Hana Financial Group’s Research Institute showing that over half of adults aged 20-59 have traded digital assets. While Bitcoin reigns as the entry point for […]
Read MoreSouth Korea’s KOSPI Soars 30% on Won-Backed Stablecoin Pledge: Boom or Bust?
Korean Stocks Surge on President Lee’s Won-Backed Crypto Pledge: Brilliance or Bubble? South Korea’s financial markets are on fire in the first half of 2025, with the KOSPI index skyrocketing nearly 30% year-to-date, fueled by President Lee Jae-myung’s audacious commitment to support stablecoins pegged to the Korean won. Crypto-linked stocks like Kakao Pay have doubled […]
Read MoreSouth Korea vs. U.S. Tariffs: Crypto Mining Hardware Costs at Risk by July 9
South Korea Battles U.S. Tariffs: A Crypto Hardware Crisis in the Making? South Korea is in a high-stakes showdown with the United States, racing against a July 9 deadline to dodge a punishing 25% tariff that could hammer its economy—and potentially jack up costs for your next Bitcoin mining rig. Trade Minister Yeo Han-koo is […]
Read MoreSouth Korea’s Stablecoin Push: Card Firms Struggle as Tech Giants Rise
South Korea’s Stablecoin Surge: Card Companies Bleed, Tech Titans Thrive South Korea is charging headfirst into a financial frontier with its proposed Digital Asset Innovation Act, a bold move that could cement stablecoins as a cornerstone of digital payments. Set to redefine the nation’s money landscape, this legislation promises a decentralized future but threatens to […]
Read MoreSouth Korean Court Jails Two in USDT Money Laundering Scam: Crypto Crime Exposed
South Korean Court Sentences Two in USDT Money Laundering Bust: Crypto’s Dark Corners Exposed A South Korean court has dropped the hammer on two Vietnamese nationals, sentencing them to two years in prison for their role in a cross-border money laundering scheme using Tether (USDT), the USD-pegged stablecoin. This case out of Seoul isn’t just […]
Read MoreBank of Korea Doubts Won Stablecoin as Circle Pushes for South Korean Crypto Market Entry
Bank of Korea Digs In: Skepticism Over Won Stablecoin Persists Despite Circle’s Charm Offensive South Korea, often hailed as the crypto capital of Asia, is caught in a high-stakes tug-of-war over the future of digital money. The Bank of Korea (BOK) remains deeply wary of issuing a won-pegged stablecoin, even as Circle, the powerhouse behind […]
Read MoreSouth Korea’s Tokenized Securities Push: Blockchain Breakthrough or Political Meltdown?
South Korea’s Tokenized Securities Leap: Blockchain Boom or Political Bust? South Korea’s parliament is teetering on the edge of a groundbreaking shift, with legislation to legalize tokenized securities inching closer to approval. This could open the door for blockchain-based investments in everything from real estate to art, but with political chaos gripping Seoul, the path […]
Read MoreSouth Korea and EU Join Forces to Thwart North Korean Crypto Heists
South Korea and EU Strengthen Alliance to Combat North Korean Crypto Heists South Korea and the European Union have forged a robust partnership aimed at tackling the escalating threat of North Korean cryptocurrency thefts. This collaboration seeks to dismantle the sophisticated networks behind these cybercrimes, which pose significant risks to global cybersecurity and the integrity […]
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