Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green …
Korea
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South Korea’s ruling Democratic Party plans to fast-track new Bitcoin and crypto regulations. The decision follows the United States’ adoption of the …
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Markets
South Korea Tells Firms to Cut Exposure to Crypto ETFs, Coinbase and Strategy: Report
by shayaanby shayaanSouth Korea’s finance regulator has informally warned local asset managers to reduce their exposure to crypto exchange-traded funds (ETF) and U.S.-listed digital …
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Finance
Bank of Korea expresses concern about the issuance of WON-denominated stablecoins
by shayaanby shayaanThe Bank of Korea (BOK) Governor Lee Chang-yong has expressed concern about the issuance of won-denominated stablecoins by non-bank entities. He shared …
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Finance
Stablecoin issuers’ $182 billion US Treasury hoard ranks 17th among countries, beating UAE and South Korea
by shayaanby shayaanFour US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury …
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Regulation
South Korea to reclassify crypto firms as startups eligible for tax cuts and other benefits
by shayaanby shayaanSouth Korea’s startup ministry proposed a new law revision that would allow crypto firms to register as venture companies. This reclassification would …
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The world of finance is constantly evolving, and nowhere is this more apparent than in the rapidly expanding realm of digital assets. …
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Regulation
South Korea halts CBDC plans, shifting focus to bank-led stablecoins
by shayaanby shayaanLocal reports indicate that South Korea’s central bank has suspended its central bank digital currency (CBDC) pilot program, pivoting the nation’s focus …
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Regulation
Korea Supreme Court Delivers Landmark 10-Year Sentence in Haru Invest, Delio Crypto Fraud Case
by shayaanby shayaanThe world of cryptocurrency is often seen as a frontier, full of innovation and opportunity, but also fraught with risks. When trust …
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Regulation
South Korea Delays Banking Sector Crypto Deregulation Review Amid Policy Concerns
by shayaanby shayaanSouth Korea’s Presidential Transition Committee has confirmed it is not conducting detailed reviews of banking sector proposals to ease digital asset regulations …