Hyun Song Shin spent 12 years at the Bank for International Settlements, shaping how central banks think about digital money. On March …
Koreas
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South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy …
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Regulation
South Korea’s Largest Fintech Toss Wants to Make Its Stablecoins Play
by shayaanby shayaanViva Republica, the operator of South Korea’s largest fintech platform Toss, wants to both issue and distribute stablecoins. The declaration adds another …
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Finance
DWF Ventures Reveals Crucial Potential for South Korea’s Financial Future
by shayaanby shayaanSEOUL, South Korea – March 2025 – DWF Ventures, the investment division of global digital asset market maker DWF Labs, has published …
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Finance
Toss Unveils Ambitious Plan for Won-Backed Stablecoin, Signaling Major Shift in South Korea’s Digital Economy
by shayaanby shayaanSEOUL, South Korea – March 12, 2025 – In a significant move that could reshape South Korea’s digital finance landscape, fintech giant …
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Regulation
South Korea’s FSC to move on Bithumb BTC accident, ‘global consistency’ in regulatory framework
by shayaanby shayaanThe FSC held its first meeting of the year to discuss Bithumb’s virtual asset shortage and secure compensation for those affected. The …
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Markets
South Korea’s Hanwha makes a $13 million bet on ‘seedless’ crypto wallets
by shayaanby shayaanThe South Korean financial firm backs the U.S.-based blockchain company to accelerate enterprise wallet technology and real-world asset tokenization. www.coindesk.com
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The Democratic Party of South Korea has proposed tabling the Virtual Asset Phase 2 Act ahead of the Lunar New Year, aiming …
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Crypto migration in Korea increased 2.3x in 2024 compared to 2023. Vague regulation in Korea is weakening its competitiveness in the crypto …
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In a recent development, South Korea’s Largest Exchange Upbit is currently facing an FIU disciplinary hearing over alleged KYC violations. KYC Violations …