Tag: South Korea
South Korea Proposes Tokenized Securities Capital Rules and Retail Trading Cap
In Brief:
South Korea proposes capital and staffing requirements for qualifying tokenized securities issuers alongside annual retail purchase lim [...]
South Korea Targets 26 Polymarket Users Over $12.7 Million Betting Case
Summary
South Korean police booked 26 Polymarket users over $12.7 million in wagers and referred 18 suspects to prosecutors for review.
Author [...]
South Korea Crypto Tax Delay Petition Forces New Parliamentary Review
Summary
South Korean investors secured parliamentary review for a two-year crypto tax delay by gathering 50,000 verified signatures through publi [...]
South Korean Broker Hanwha Builds Avalanche Tokenized Securities Platform Launch
Summary
Hanwha Investment and Securities developed a multichain tokenized securities platform using Avalanche and Hyperledger Besu alongside Fair [...]
South Korea Unveils Three-Stage Plan to Tokenize Stocks, Bonds and Funds in 2027
Summary
South Korea will launch its three-stage tokenization framework in 2027, initially covering private funds, corporate bonds, and unlisted c [...]
South Korea’s Shinhan, Visa Partner to Build Stablecoin Payment System for Banks
Summary
Shinhan Financial Group and Visa will develop stablecoin infrastructure supporting issuance, transfers, settlements, and redemptions acro [...]
South Korea’s Shinhan Taps Solana to Launch Won-Based Tokenized Fund Project
Summary
Shinhan Asset Management partnered with Solana Foundation, Etherfuse, and Orca to develop a Korean won-denominated tokenized fund for ins [...]
South Korea Jails Delio CEO for 15 Years Over $49 Million Crypto Fraud Case
Summary
Delio CEO Jeong Sang-ho received 15 years' imprisonment for defrauding customers of approximately $49.2 million in cryptocurrency assets [...]
South Korea’s Bithumb Targets 2028 IPO With Governance Overhaul
Summary
Bithumb outlined governance reforms and accounting upgrades to support its planned 2028 initial public offering while strengthening compl [...]
South Korea Advances Unified Crypto Bill Covering Stablecoins and Exchanges
Summary
South Korea plans one cryptocurrency bill covering stablecoins, exchanges, investor protection, and market oversight under a unified lega [...]