Tag: South Korea
South Korea Tests Blockchain Deposit Tokens to Streamline Public Spending
South Korea pilots blockchain tokens to improve government spending efficiency
Deposit tokens aim to replace cards and reduce administrative bu [...]
Bank of Korea Pushes Crypto Circuit Breakers After $43B Bithumb Error
What to know:
Bank of Korea flags crypto risks after massive Bithumb error.
Bithumb incident exposes weak safeguards and delayed response syst [...]
South Korea Fintech Toss Considers Blockchain Network and Native Token Launch
Toss explores blockchain launch as regulatory delays reshape crypto plans
South Korea fintech race intensifies with Toss entering blockchain de [...]
$60B Crypto Exodus From South Korea Sparks Market Shift Concerns
What to know:
South Korea sees $60B crypto outflows amid rising user activity
Exchange profits drop despite growing deposits and expanding inv [...]
South Korea Opposition Moves to Scrap 2027 Crypto Tax Plan
South Korea opposition pushes to scrap planned crypto tax before rollout
Lawmakers argue crypto taxation unfair after stock tax removal decisio [...]
Bithumb Faces Six-Month Partial Suspension as South Korea Tightens Crypto Oversight
South Korean regulators hit Bithumb with partial suspension over AML failures
Bithumb faces fresh pressure as compliance lapses draw tougher sc [...]
South Korea Moves to Cap Crypto Exchange Ownership at 20%
South Korea plans new crypto exchange ownership cap despite strong industry opposition.
New regulations may force major Korean crypto exchanges [...]
South Korea Orders Urgent Crypto Custody Review After Seized Token Leak
South Korea launches urgent review after crypto custody leak
Seized tokens moved following accidental recovery phrase disclosure
Authorities [...]
South Korea’s Ruling Party Moves to Force Crypto Influencers to Disclose Holdings and Payments
Finfluencers in South Korea face strict new disclosure rules
Lawmakers push transparency on crypto holdings and paid promotions
Violations m [...]
South Korea Stablecoin Plan Faces Turmoil Over Bank Control Fight
Bank of Korea urges banks to control stablecoins
Lawmakers divided over who can issue won tokens
FX stability concerns slow South Korea stab [...]