South Korea’s Ministry of Strategy and Finance has indicated that tokenized stocks are currently classified as securities under existing law, a position …
Koreas
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Finance
South Korea’s crypto trading volumes drop to 98.1T – What’s behind the shift?
by shayaanby shayaanIn a recent turn of events, the average monthly trading volume on South Korea’s five main won-based exchanges—Upbit, Bithumb, Coinone, Korbit, and …
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Regulation
South Korea’s tax agency deploys on-chain surveillance ahead of 2027 levy
by shayaanby shayaanSouth Korea’s National Tax Service is building an AI system that tracks crypto transactions and catches tax evaders. The agency kicked off …
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Finance
Two KRWQ stablecoins are pulling Korea’s digital won race in different directions
by shayaanby shayaanTokenSquare, a South Korean AI payments infrastructure company, has launched KRWQ, a Korean won-denominated stablecoin infrastructure built on $BSV blockchain technology, in …
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Scams
North Korea’s Crypto Hack Playbook Won’t Work on Canton Network, Says Digital Asset CEO
by shayaanby shayaanIn brief Beyond the high-profile $290 million Kelp DAO hack, Wall Street firms are concerned about their fiduciary responsibility to prevent state-sponsored …
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Regulation
South Korea’s Hashed secures ADGM license to enter Middle East crypto market
by shayaanby shayaanSouth Korea-based crypto venture firm Hashed has secured regulatory approval to operate from Abu Dhabi Global Market, expanding its presence into the …
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Finance
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address
by shayaanby shayaanBank of Korea Governor Shin Hyun-song used his first address in office to prioritize central bank digital currencies (CBDCs) and bank-issued deposit …
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Markets
North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
by shayaanby shayaanMore than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated …
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Regulation
South Korea’s FSS orders Dunamu to correct Naver Financial merger disclosure over missing details
by shayaanby shayaanSouth Korea’s FSS has asked Dunamu, the operator of Upbit, to correct its disclosure regarding its merger with Naver Financial, claiming that …
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Korea Investment Securities, one of South Korea’s largest brokerages, is exploring a stake in Coinone. The firm is in early talks to …