#South Korea

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#South Korea

180 articles with this tag
South Korea’s Bank of Korea Forms Cryptoassets Department for Stablecoin Regulation
July 29, 2025

South Korea’s Bank of Korea Forms Cryptoassets Department for Stablecoin Regulation

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South Korea’s Bank of Korea Launches Cryptoassets Department for Stablecoin Oversight South Korea’s central bank, the Bank of Korea (BOK), has taken a decisive step into the cryptocurrency realm by establishing a new Cryptoassets Department within its Financial Settlement Bureau. This move, centered on monitoring Korean won (KRW)-pegged stablecoins and navigating legislative shifts, signals Seoul’s […]

#South Korea #Bank of Korea #Stablecoin Oversight #Cryptoassets Department
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South Korea’s Political Giants Battle Over Stablecoin Rules: Interest or Stability?
July 28, 2025

South Korea’s Political Giants Battle Over Stablecoin Rules: Interest or Stability?

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South Korea’s Political Titans Clash Over Stablecoin Rules: Innovation or Risk? South Korea has thrown its hat into the global stablecoin ring, with the nation’s two powerhouse political parties—the ruling Democratic Party (DP) and the opposition People Power Party (PPP)—rolling out rival bills on July 28, 2025, to regulate Korean Won (KRW)-pegged digital assets. This […]

#Stablecoin Regulation #South Korea #KRW Stablecoins #Interest Payments
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South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Threat?
July 27, 2025

South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Threat?

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South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Risk? South Korean cryptocurrency exchanges have dropped a bombshell, shelling out $87 million (120.26 billion won) in interest on fiat deposits to customers over the past year. This eye-popping figure stems from a bold regulatory move, but it also raises prickly questions about […]

#South Korea #Crypto Exchanges #Upbit #Interest Payments
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South Korea Cracks Down on Crypto ETFs: Coinbase, MicroStrategy in Regulatory Crosshairs
July 24, 2025

South Korea Cracks Down on Crypto ETFs: Coinbase, MicroStrategy in Regulatory Crosshairs

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South Korea Crypto Crackdown: Regulators Target Coinbase, MicroStrategy ETFs South Korea’s financial watchdog has thrown a wrench into the crypto investment game, with the Financial Supervisory Service (FSS) issuing verbal guidance to fund managers to slash exposure to crypto-related stocks like Coinbase and MicroStrategy (now Strategy) in exchange-traded funds (ETFs). This hardline stance, echoing a […]

#Coinbase #South Korea #MicroStrategy #Financial Supervisory Service
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K-Pop Star Park Gyuri Linked to Pica Coin Scandal in Ex-Boyfriend’s Fraud Trial
July 23, 2025

K-Pop Star Park Gyuri Linked to Pica Coin Scandal in Ex-Boyfriend’s Fraud Trial

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K-Pop Star Park Gyuri of Kara Entangled in Pica Coin Crypto Scandal Amid Ex-Lover’s Fraud Trial Park Gyuri, a founding member of the legendary K-pop group Kara, is caught in a storm of allegations over her ties to Pica Coin, a failed art-themed altcoin, as her ex-boyfriend Song Ja-ho stands trial for fraud and breach […]

#South Korea #Crypto Fraud #Park Gyuri #Pica Coin
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South Korea’s Ex-First Lady Kim Keon-hee Linked to Crypto Scam Probe with Park
July 21, 2025

South Korea’s Ex-First Lady Kim Keon-hee Linked to Crypto Scam Probe with Park

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Ex-South Korean First Lady Kim Keon-hee Tied to Crypto Scam Probe with Market Maker Park South Korean prosecutors have launched a bombshell investigation into former First Lady Kim Keon-hee, probing her potential links to a notorious crypto market maker known as Park, or by his alias Jon Bur Kim. Accused of masterminding massive altcoin scams, […]

#South Korea #Crypto Scam #Kim Keon-hee #Park
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Shinhan Bank’s SOL App Brings Crypto to South Korea: Adoption Breakthrough or Risky Move?
July 17, 2025

Shinhan Bank’s SOL App Brings Crypto to South Korea: Adoption Breakthrough or Risky Move?

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South Korea’s Shinhan Bank Pioneers Crypto Integration with SOL App—Mainstream Adoption or Risky Gamble? Shinhan Bank, a titan in South Korea’s financial arena, has just made a groundbreaking move by embedding cryptocurrency services into its SOL banking app, becoming the first domestic bank in the nation to do so. In a country where tech obsession […]

#South Korea #Crypto Integration #Shinhan Bank #SOL App
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