South Korea to require 3.5 million dollars in capital for stablecoin issuers
With the firm purpose of shielding its financial ecosystem, the Democratic Party of South Korea finalized the details of a regulation that will transform stablecoin...
South Korea
South Korea to Allow Spot Bitcoin ETF in 2026 to Support National Economic Growth Strategy
by Mason Clarke
South Korea announced plans to formally integrate digital asset-based financial products during this year. The South Korean government plans to integrate digital assets into its...
South Korea loses 110 billion in crypto due to strict exchange laws
During the course of the year 2025, a massive crypto capital flight in South Korea was recorded, exceeding 160 trillion won. This phenomenon, equivalent to...
South Korean police dismantle counterfeit money ring targeting crypto investors
Authorities in South Chungcheong Province have launched a comprehensive investigation into a criminal organization manufacturing counterfeit banknotes. This criminal group used counterfeit paper money to...
South Korea Misses Stablecoin Bill Deadline Due to Bank Control Dispute
South Korea’s ambitious plan to legalize won-pegged stablecoins has suffered a significant setback after missing a government-imposed deadline. The Financial Services Commission (FSC) failed to...
Upbit seeks a U.S. IPO after merger with Naver
by Mason Clarke
Upbit, through its parent Dunamu, plans an initial public offering (IPO) in the U.S. after completing a strategic merger with Naver Financial, according to reports....
Altcoins market fails to capture $800 B opportunity as retail investors pivot to crypto stocks
Despite the broader crypto market’s momentum, altcoins appear to be missing out on a massive infusion of capital. Retail traders—especially in South Korea—are shifting their...
South Korean investors rotate $657M out of Tesla into crypto with nearly $12B inflows
The net sale of $657M in Tesla shares and the reinvestment of nearly $12 billion in crypto assets and companies reveal a shift in the...
New Trading Pairs Propel Raydium: 18% Surge Following Upbit Announcement
by jose
TL;DR Raydium surges over 18% following Upbit’s launch of new RAY/KRW and RAY/USDT pairs. Enhanced liquidity boosts trading efficiency, drawing increased investor interest and capital....
Bank of Korea Governor Poised to Embrace Won-Backed Stablecoin Innovation
by jose
TL;DR Stablecoin Spotlight: Governor Rhee is set to explore launching won-backed stablecoins at a high-profile bankers’ dinner amid new digital asset legislation and rising political...