Trading volume on Upbit, South Korea’s largest cryptocurrency exchange, surged approximately 1,318.8% in the last 24 hours to reach roughly $4.243 billion, …
Korean
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Markets
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers
by shayaanby shayaanThe initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently. www.coindesk.com
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Adoption
Korean Companies Deny Joining Open USD Alliance, Exposing Stablecoin Transparency Gap
by shayaanby shayaanA stablecoin alliance that advertised Samsung Electronics, Dunamu, KakaoBank, Hyundai Card, KB Kookmin Card, and Samsung Card as members ran into a …
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Regulation
South Korean Lawmaker Proposes Including Crypto in Pension Eligibility Calculations
by shayaanby shayaanA bill introduced in South Korea’s National Assembly seeks to include virtual assets and certain overseas financial assets when calculating income for …
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Finance
Bitcoin recedes to $63,000 as Iran-Israel trade strikes and Korean stocks crash
by shayaanby shayaanBitcoin pulled back from Sunday highs as renewed military conflict between Iran and Israel sent Asian stocks, including South Korea’s Kospi index, …
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Regulation
South Korean Regulator Scrutinizes Polymarket for Possible Gambling Violations
by shayaanby shayaanSouth Korea’s Broadcasting and Communications Deliberation Committee has launched a review of Polymarket, the blockchain-based prediction market platform, to determine whether its …
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Regulation
South Korean Candidate Kim Nam-guk Faces Election Law Probe Over Crypto Declaration Discrepancy
by shayaanby shayaanKim Nam-guk, a candidate for the Democratic Party of Korea in the upcoming June 3 parliamentary by-election for the Ansan Gap district …
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Regulation
South Korean government faces pressure as crypto tax petition surpasses 52,000 signatures
by shayaanby shayaanMore than 52,000 South Koreans have signed a petition calling for the outright abolition of the country’s planned crypto tax, and it …
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XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper …
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Smart Contracts
North Korean Crypto Hackers Stole $2.1B in 2025, 60% of All Losses: CertiK
by shayaanby shayaanIn short North Korea-linked hackers were responsible for 60% of all crypto theft losses in 2025, according to CertiK, totaling $2.06 billion …