South Korea News
South Korea Launches First KRW1 Stablecoin on Avalanche, Fully Backed by Won
BDACS, a South Korean digital asset custody provider, announced the launch of KRW1, a stablecoin fully backed by the South Korean won and is...
South Korea Halts Crypto Lending Amid Regulatory Uncertainty
South Korea’s Financial Services Commission (FSC) hit the brakes on all crypto exchanges, ordering each to freeze the launch of new lendin...
Parataxis Plans $640M Bitcoin Treasury as Trump Backs BTC in US Retirement Plans
Bitcoin’s adoption continues despite some calls from market insiders that the Bitcoin-as-a-treasury model has peaked. Two recent examples ...
South Korea’s Digital Rush: Over a Quarter of 20- to 50-Somethings Now Crypto Holders
More than a quarter of South Koreans between 20 and 50 now hold crypto, folding digital assets into about 14% of their total finances. ...
South Korea Fast-Tracks Stablecoin Law as U.S. Treasury Markets Warn of Crypto-Driven Volatility
Just a week after winning a snap election, South Korea’s new president, Lee Jae-myung, is moving to legalise domestic stablecoins through ...
BTC Politics: Korea Elects Pro-Crypto President, Czech Bitcoin Scandal Escalates
South Korea has elected Lee Jae-myung as its new president, officially ending Yoon Suk-yeol’s controversial three-year tenure. Lee, re...
South Korean Central Bank Urges Caution on Bitcoin as Part of Foreign Reserves Amid Volatility Concerns
According to Yonhap, South Korea’s central bank is not planning to join the international race to establish a Bitcoin reserve. It called f...
South Korea Considers Bitcoin ETFs Following Japan’s Lead in Crypto Regulation
Following an easing of their crypto stance, Japan and South Korea seem to be warming up to the idea of crypto exchange-traded funds (ETFs). ...
Crypto Surpasses Stocks in South Korean Trading as Investors Seek Risk Exposure
The chaos for financial markets following the brief declaration of martial law in South Korea was short-lived, it seems. Not only that, but ...
BTC/KRW Plunges 30% Amid Martial Law Chaos in South Korea, Shaking Crypto Markets
Events in South Korea have caused prices on local exchanges to drop significantly, albeit only temporarily. On Tuesday, Bitcoin and Co saw h...
XRP Dominant Force in South Korea: Report Reveals Most Traded Assets
Bitcoin (BTC) is undoubtedly the most popular asset, reflected in both its volume traded and market cap. However, a look at South Korea reve...