South Korea’s central bank is reportedly set to launch a real transaction test for its central bank digital currency this month, involving …
Korea
-
-
Smart Contracts
South Korea Should Consider Bitcoin Reserve, Say Industry Lobbyists, Democratic Party Members
by shayaanby shayaanSouth Korean financial experts and opposition politicians urged the country to integrate Bitcoin into his national reserves and to develop a won-backed …
-
How does North Korea launder its crypto loot? Each time the Hermit Kingdom successfully hacks a company or protocol — like when …
-
The Seoul Southern District Prosecutors’ Office has launched a formal joint investigation unit that exclusively tackles crypto-related crimes and fraud cases. According …
-
The FBI has officially attributed last week’s $1.4 billion crypto theft from Bybit to North Korean hackers, labeling the operation “TraderTraitor” in …
-
Regulation
South Korea Ends Years-Long Ban on Institutional Crypto Trading: 2025 Target
by shayaanby shayaanSouth Korea is set to lift its ban on institutional crypto trading. Through 2025, a number of institutions, such as non-profits, universities, …
-
Regulation
South Korea to gradually permit corporate crypto trading amid market reform
by shayaanby shayaanSouth Korea’s Financial Services Commission (FSC) announced plans to gradually open the crypto market to corporations, marking a shift from a long-standing …
-
South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth …
-
Adoption
Alchemy Pay Secures Electronic Financial Business Registration in South Korea
by shayaanby shayaanAlchemy Pay has made a big splash in South Korea’s cryptocurrency scene by registering as an electronic financial business. It has done …
-
Scams
Flash Crash Means Bitcoin Trades Higher in Korea as Kimchi Premium Soars
by shayaanby shayaanBitcoin just became a whole lot more expensive in Korea: The so-called “Kimchi Premium” hit a three-year high in the Asian country, …