Tag: South Korea
South Korea Adopts J.P. Morgan Blockchain Payments
In brief:
KB Kookmin Bank will become South Korea's first lender using J.P. Morgan's Kinexys for corporate cross-border payment settlements.
T [...]
South Korea’s Mirae Asset Raises Korbit Stake to 97% After Acquisition Deal Closes
Key Takeaways:
Mirae Asset increased its Korbit ownership to 97.15%, securing stronger control of South Korea's fourth-largest cryptocurrency exc [...]
South Korea Moves to Include Cryptocurrencies in State Asset Management Law
What to know:
South Korea plans legislation recognizing cryptocurrencies as state-owned assets, modernizing public asset management beyond the tr [...]
South Korea Moves to Strengthen Crypto Seizure Rules With New Court Enforcement Framework
What to know:
South Korea's Supreme Court proposed crypto seizure rules establishing standardized enforcement procedures for civil judgments invo [...]
South Korea Firms Question OUSD Consortium Membership After Surprise Listing
Samsung Electronics and other South Korean firms denied formally joining the OUSD consortium, saying preliminary discussions were incorrectly pres [...]
South Korea Refers Two Crypto Market Manipulation Cases for Criminal Prosecution
What to know:
South Korea referred two suspected crypto manipulators for criminal prosecution.
The authorities exposed whale accumulation and [...]
South Korea Sees Kiwoom Pursue Bithumb Stake Ahead of Planned 2028 IPO Push
Kiwoom negotiates strategic Bithumb stake ahead of planned 2028 public listing.
Institutional investors expand cryptocurrency exchange holdings [...]
South Korea Fines Bithumb Over Unauthorized Overseas User Data Transfers Fallout
South Korea fined Bithumb over unauthorized overseas user data transfers without consent.
Regulators found customer information reached BingX d [...]
South Korea’s Toss Bank Launches Solana Pilot for Cross-Border Finance
What to know:
Toss Bank begins Solana stablecoin remittance pilot across global markets.
Future phases include compliance testing, overseas pa [...]
South Korea Weighs Fintech Entry Into Regulated Overseas Crypto Transfers
South Korea may allow fintech firms into regulated crypto transfers.
New rules require registration, reporting, and technical compliance standa [...]