South Korea

Highlights: Solana Foundation has partnered with Wavebridge to launch a KRW stablecoin. The partnership plans to build a trusted system linking banks and blockchain networks in South Korea. KRW stablecoins are growing as South Korea prepares new rules for blockchain-based […]

Highlights: FIU has resumed review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance’s return to South Korea by the end of 2025. U.S. legal settlements improve Binance’s global compliance outlook. The review of Binance’s Gopax acquisition […]

Highlights: South Korea has tightened crypto oversight as NTS moves to seize cold wallets. Crypto adoption rises to 11 million users, driving stronger monitoring and stricter enforcement across exchanges. Stablecoin trading in South Korea drops 80% as investors react to […]

Highlights: Sui and t’order have partnered to enable fast and low-cost stablecoin payments across South Korea. The blockchain integration could reduce transaction fees for small businesses by up to 150 billion KRW annually. The collaboration integrates blockchain and FacePay technology […]

Highlights: Naver Financial is set to acquire Upbit, gaining control of South Korea’s largest crypto exchange. The acquisition supports Naver’s plan to launch a Korean won-backed stablecoin and expand digital finance. The deal positions Naver to strengthen market influence amid […]

Highlights: South Korea has set up a crypto task force to involve regulators and the private sector in shaping policy. South Korea’s Democratic Party plans to pass stablecoin and crypto laws before the year ends. The Bank of Korea has […]

Highlights: South Korea reports a surge in domestic crypto users and suspicious crypto transactions in 2025. The Asian nation’s virtual asset providers filed 36.6k suspicious deals, exceeding the combined 35.7K reported in the past two years. South Korea has also […]

Highlights: KOSCOM has filed five stablecoin trademarks to strengthen its role in Korea’s digital money market. The company is reorganizing its digital asset unit and is set to launch a task force. BDACS has introduced Korea’s first bank-backed stablecoin on […]

Highlights: South Korea ends a seven-year ban, giving digital asset firms access to tax breaks, financing, and venture company status. South Korean crypto firms can now access venture capital after the government lifts restrictions on September 16. Crypto adoption in […]

Highlights: Interest rates for crypto lending are now capped at 20% annually. Leveraged loans exceeding collateral are no longer allowed. Lending is limited to the top 20 cryptos or those on three local exchanges. South Korea has implemented stringent regulations […]

Highlights: South Korea has moved to tighten crypto oversight with compulsory transaction reporting. The information-sharing initiative will affect foreign and local investors. The preliminary phase of information sharing will roll out in 2026. South Korea’s Ministry of Economy and Finance […]

Highlights: Lee has warned that crypto volatility prevents it from acting as money. The FSC nominee has dismissed crypto but has voiced support for the stablecoin plans. Over 16 million South Koreans now use local exchanges as younger investors seek […]