Won Stablecoins Could Cut Merchant Fees by 5.15T Won
South Korea’s National Assembly Budget Office said on September 8 that won-denominated stablecoins could reduce annual merchant payment fees by between 370 billion won and 5.15
south korea (Latest Publications)
South Korea Advances High-Impact Plan To Enable Tokenized Securities In Stablecoin Markets
TL;DR: South Korea plans to begin tokenized securities in February 2027, starting with funds, bonds, unlisted shares and fractional investment products. The roadmap would later extend
South Korea Charges Four Uzbek Nationals Over Crypto Used To Fund Terror Activity
The Metropolitan Police of Gwangju, in South Korea, arrested four Uzbek nationals accused of financing terrorism through cryptocurrencies, in a case authorities describe as the first of its kind in
Bithumb Wins Back‑to‑Back Suits on 620,000 BTC Credit Error
TL;DR Bithumb won two first-instance rulings at the Seoul Central District Court against users who sold erroneously credited BTC. The exchange mistakenly credited 620,000 BTC valued
Mirae Asset Plans $109B Digital‑Asset Business Built Around Digital X
TL;DR Mirae Asset Financial Group plans to build a $109 billion digital asset business centered on Digital X. Digital X will focus on cryptocurrencies, stablecoins, real-world
POSCO Brings $22B Trade Finance Into Avalanche Tokenization Push
TL;DR: POSCO International America completed a real-world pilot tokenizing trade accounts receivable on a Layer 1 network built on Avalanche. The transaction featured the participation of
Upbit Sees Explosive 273% Volume Spike Fueled by Bitcoin’s Rally
TL;DR Upbit, South Korea’s largest exchange, recorded a 273% surge in its 24-hour trading volume. Daily volume reached $1.84 billion, the highest level since mid-March, driven
South Korea Moves to Strengthen FIU Authority Over Unregistered Crypto Companies
TL;DR Legislative push: Lawmakers introduced a bill to expand FIU Authority and let the agency directly investigate unregistered crypto operators. Enforcement gaps: Police suspended most probes
BitGo Korea Receives VASP Approval, Strengthening Its Institutional Digital Asset Custody Offering
TL;DR BitGo obtained a VASP license in South Korea, becoming the first international crypto company to do so. The platform’s local entity was built from scratch
South Korea Moves to Block Polymarket, Joining 30+ Jurisdictions Restricting Access
TL;DR Polymarket was blocked in South Korea following a resolution by the Korea Communications Standards Commission. Authorities rejected the platform’s argument about its P2P nature and
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
