#South Korea

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#South Korea

152 articles with this tag
KB Financial Tests Won Stablecoin Payments as South Korea Delays Crypto Rules

KB Financial Tests Won Stablecoin Payments as South Korea Delays Crypto Rules

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South Korea’s biggest banking group has completed a won-pegged stablecoin pilot that actually did something useful — while the country’s regulators are still stuck in a turf war over who gets to control the rails. KB Financial Group finished a won-denominated stablecoin trial Payments, merchant settlement, and remittances were tested on blockchain infrastructure QR payments […]

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South Korea Warns on AI-Branded Crypto Scams, Referral Funnels and Unregistered Trading Risks

South Korea Warns on AI-Branded Crypto Scams, Referral Funnels and Unregistered Trading Risks

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South Korea is seeing a fresh wave of crypto schemes dressed up in AI branding, while regulators keep a close eye on referral-driven funnels that may cross the line into unregistered virtual asset activity. AI branding is being used as a trust gimmick. KakaoTalk and Telegram are key recruitment channels. Offshore exchanges, referral fees, and […]

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South Korea’s “Node” Crypto Sales Raise MLM and Scam Red Flags

South Korea’s “Node” Crypto Sales Raise MLM and Scam Red Flags

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South Korea’s crypto market is getting flooded with “node” offers that look less like blockchain infrastructure and more like an old-fashioned recruiting machine wearing a Web3 jacket. “Buy a node, get paid coins every day” Referral bonuses, staged price hikes, and USDT payments TokenPost says many “node” pitches look suspiciously MLM-like According to TokenPost, South […]

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South Korea Faces Stablecoin Trilemma as USD Tokens Threaten Digital Dollarization

South Korea Faces Stablecoin Trilemma as USD Tokens Threaten Digital Dollarization

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South Korea is wrestling with a stablecoin problem that cuts straight to the heart of digital money: can a won-based token stay useful, stay safe, and stop dollar stablecoins from quietly taking over settlement in crypto and commerce? Trilemma: sovereignty, adoption, redemption stability Risk: digital dollarization through USD stablecoins Reality: approval does not create utility […]

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South Korea Pushes Tokenized Securities Rules for July as Crypto Tax and Stablecoin Debate Lingers

South Korea Pushes Tokenized Securities Rules for July as Crypto Tax and Stablecoin Debate Lingers

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South Korea is pushing ahead with tokenized securities rules in July, while also tightening crypto taxes and leaving stablecoin policy stuck in a bureaucratic fistfight. Tokenized securities rules expected in July Main law takes effect February 4, 2027 Crypto tax enforcement also set for 2027 Stablecoin legislation remains delayed South Korea’s tokenized securities framework takes […]

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Lazarus Group Turns South Korea Into a Crypto Crime Battleground

Lazarus Group Turns South Korea Into a Crypto Crime Battleground

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North Korean-linked hackers have turned South Korea into one of crypto’s most active battlegrounds, with the Lazarus Group tied to major exchange breaches, laundering pipelines, and scam networks that keep evolving faster than enforcement can lock them down. Lazarus Group linked to 6 of 9 major South Korean exchange hacks More than $120 million confirmed […]

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South Korea Accelerates Won Stablecoin Push to Counter Dollar Dominance

South Korea Accelerates Won Stablecoin Push to Counter Dollar Dominance

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South Korea is accelerating its push for a won-based stablecoin framework as lawmakers and industry leaders warn that dollar-backed tokens could lock the country into someone else’s payment rails. Won-based stablecoin push: Korea wants a domestic answer before dollar tokens become the default Policy race: lawmakers are weighing MiCA, the U.K., and Korea’s digital-asset basic […]

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Samsung SDS Wins South Korea Tokenized Securities Platform Deal, Launch Set for 2027

Samsung SDS Wins South Korea Tokenized Securities Platform Deal, Launch Set for 2027

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Samsung SDS is pushing South Korea’s tokenized securities market from pilot mode into actual financial infrastructure, with a contract to build and operate the Korea Securities Depository’s blockchain-based platform through 2027. Samsung SDS won the KSD token securities platform contract Production-ready launch is expected by February 2027 South Korea’s legal framework for security tokens kicks […]

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