Tag: South Korea
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 [...]
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 [...]