Asia is playing an increasingly significant role in global crypto markets, with the highest growth rate among all regions and a 30% …
Korea
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South Korea’s Financial Services Commission (FSC) introduced a policy roadmap on September 4 to digitize the issuance and circulation of securities, a …
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South Korea’s National Tax Service has said it will introduce commercial crypto tracing software used by domestic and overseas investigative agencies as …
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Regulation
South Korea refers four to prosecutors over $204M crypto payments for illegal car exports to Russia, Belarus
by shayaanby shayaanSouth Korean customs authorities have referred four individuals to prosecutors for allegedly orchestrating the illegal export of over 1,000 used cars to …
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Scams
South Korea Will Give Every Citizen Free AI Access With Unlimited Tokens
by shayaanby shayaanIn brief South Korea plans to give its entire population free access to premium generative AI under a programme called “AI for …
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Markets
Visa doubles down on South Korea with Upbit operator Dunamu on stablecoin payments
by shayaanby shayaanFollowing a deal with Shinhan Financial, the global payments giant is widening its footprint in Asia’s major crypto hub through South Korea’s …
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Telegram’s built-in cryptocurrency wallet service, Wallet, has started offering Korean-language support to users in South Korea, prompting debate over whether the platform …
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Adoption
Shinhan And Visa Test Stablecoin Settlement Infrastructure In South Korea
by shayaanby shayaanShinhan Financial Group is moving before South Korea’s stablecoin rulebook gets comfortable. The Seoul-based financial holding company is testing stablecoin issuance, remittance, …
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Markets
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
by shayaanby shayaanShinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models. www.coindesk.com
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Markets
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move
by shayaanby shayaanThe $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month. …