South Korea Explores Tokenized Payments to Upgrade Public-Sector Expense Tracking
TL;DR South Korea plans a tokenized deposit pilot for government operational spending, with rollout targeted for Q4 2026 and an initial launch in Sejong City. The
south korea (Latest Publications)
Altcoin Mania Finds a New Epicenter: South Korea Dominates Trading Volumes
TL;DR South Korea concentrates roughly 30% of global crypto trading activity, with about 85% tied to altcoins rather than Bitcoin or Ethereum. Local exchanges such as
Ripple Strikes Landmark Partnership With Kyobo Life to Advance Tokenized Bond Infrastructure
TL;DR Ripple and Kyobo Life are piloting blockchain-based settlement for tokenized government bonds in South Korea, with Ripple Custody supporting issuance, storage, and settlement. The project
Jito and KODA Sign MOU Targeting Wider Institutional Adoption of JitoSOL Across Korea
Jito Foundation signed a memorandum of understanding with KODA (Korea Digital Asset Co., Ltd.), South Korea’s largest digital asset custody provider, to expand institutional access to JitoSOL in the Korean
Coinone Hit With 5.2 Billion Won Penalty and Partial Shutdown Over AML Failures
TL;DR: Coinone received a fine of 5.2 billion won ($3.5 million) for nearly 70,000 failures in user identity verification. South Korea’s Financial Intelligence Unit also imposed
Bank of Korea Flags Bithumb Bitcoin Miscredit in New Report
The Bank of Korea said that it published its 2025 Payment and Settlement Report, outlining progress on major payment infrastructure projects and future policy plans. In
South Korean Court Overturns FIU’s Three‑Month Suspension of Upbit Operator Dunamu
TL;DR: A South Korean court annulled the partial suspension imposed by the FIU on Dunamu, operator of the Upbit exchange, due to regulatory gaps. The court
Bithumb Seeks Court Order to Freeze 7 BTC After Users Refuse to Return Erroneous Payout
TL;DR: Bithumb requested a South Korean court to preventively seize 7 bitcoins that some users refused to return after an erroneous payment. On February 6, an
FSC Moves to Rein In Crypto Withdrawal Exemptions Tied to Voice-Phishing Cases
TL;DR: South Korea will tighten exemption rules that let some crypto users bypass withdrawal delays after regulators linked exempted accounts to most voice-phishing losses nationwide. From
South Korea Moves to Institutionalize Tokenized RWAs and Stablecoins Under Existing Laws
TL;DR: South Korea’s ruling Democratic Party is drafting rules to place tokenized RWAs and stablecoins under existing financial laws through the proposed Digital Asset Basic Act.
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