Fake XRP Staking Site Steals 3.4M XRP From 71 Investors, Seoul Police Report
TL;DR A fake staking site stole 3.4 million XRP worth about $8.5 million from 71 investors during an eight-day operation last October before vanishing. Police say
south korea (Latest Publications)
South Korea’s Largest Bank Moves Toward Cross-Border Payments Powered by Kinexys
TL;DR KB Kookmin plans to launch a blockchain-based cross-border corporate payment service next month through a partnership with Kinexys by J.P. Morgan for import and export
Korbit Set to Rebrand as Digital X Under Mirae in Major Strategic Shift
TL;DR Mirae Asset completed the acquisition of 97.15% of Korbit, South Korea’s oldest cryptocurrency exchange, and will rebrand it as Digital X. The company seeks to
Circle expands in South Korea through new partnerships with Kakao and Toss
TL;DR Circle signed memoranda of understanding with Kakao Group and Toss Bank to explore stablecoin payment infrastructure in South Korea. The agreement with Kakao covers won-backed
South Korea’s CBDC Pilot Raises New Concerns After Skipping Independent Security Audit
TL;DR South Korea’s CBDC pilot completed live payments across more than 80,000 wallets with no independent post-launch security audit. The only formal evaluation was conducted by
DB Securities and Optimism Foundation Partner to Build STO and RWA Infrastructure in South Korea
DB Securities and the Optimism Foundation signed a Memorandum of Understanding in New York to develop Security Token Offering (STO) and Real-World Assets (RWA) infrastructure aimed at the Jeju region in South Korea.
South Korea Plans New State Crypto Asset Law
South Korea’s Ministry of Finance and Economy said July 15 in a joint work-report package that it plans to establish a National Asset Basic Act to
South Korea Plans 2027 Test of Tokenized Government Bonds Linked to Its Wholesale CBDC System
TL;DR South Korea will test tokenized government bonds in 2027, linked to the Bank of Korea’s wholesale CBDC infrastructure. Governor Hyun Song Shin described government bonds
Naver Financial and Dunamu Push Stock Swap Deadline to Dec. 31 Amid Regulatory Shifts
TL;DR: Naver Financial and Dunamu postponed their share swap for a second time, with a new deadline now set for December 31, 2026. The deal, valued
South Korea Reviews Polymarket Over Gambling Risks
South Korea’s Broadcast Media Communications Standards Commission has opened a legality review of Polymarket, Digital Today reported July 6. The review comes before any corrective request
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