Instead of creating a broad exemption framework for cryptocurrency exchanges, the South African central bank plans to release a new framework later …
South
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South Korea is pushing forward to revive its cryptocurrency market, presenting an exchange-traded funds (ETF) roadmap and stablecoin plans. In the major …
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Mining
Canaan Exits Kazakhstan and South Texas Sites Amid Bitcoin Mining Fleet Reshuffle
by shayaanby shayaanCanaan has withdrawn from two of its bitcoin mining locations—Kazakhstan and an underperforming hosting site in South Texas—as part of a shift …
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Markets
With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush
by shayaanby shayaanKakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports. In its first-half earnings call on Tuesday, KakaoBank …
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Adoption
XRP set for Asian boost with new South Korean custody and Japan ETF plans
by shayaanby shayaanXRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of …
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Regulation
South Korea Flags Upbit and Bithumb’s Crypto Lending, Margin Trading Services
by shayaanby shayaanSouth Korea’s financial watchdogs have raised red flags over crypto lending and margin trading products recently launched by Upbit and Bithumb, warning …
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Smart Contracts
Tourists Can Now Withdraw Cash With USDT via Kaia ATMs in South Korea
by shayaanby shayaanIn short Select Stablecoin -money machines with USDT to Cash Conversion are now live on tourist and retail sites in South Korea. …
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Scams
South Korea’s Ruling, Opposition Parties Clash Over Stablecoin Regulation
by shayaanby shayaanIn brief South Korea’s ruling and opposition parties introduced competing stablecoin bills, diverging on whether to ban interest payments. Both proposals grant …
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Finance
Stablecoin Push Triggers Tensions Between Central Bank and Policymakers in South Korea
by shayaanby shayaanSouth Korea is experiencing a notable turning point in the digital sector as a result of an exclusive bill. As per the …
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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 …