South Korea’s National Tax Service (NTS) has opened a tender for software licenses to track virtual asset transactions as part of tax …
South
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Regulation
South Korea lawmakers push for stablecoin law as Bank of Korea and Financial Services Commission clash
by shayaanby shayaanSouth Korean lawmakers are urging the government to prioritize approval of a regulatory framework for stablecoins, as disputes between the Bank of …
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Markets
South Korea to test blockchain deposit tokens for government spending in Q4
by shayaanby shayaanToken-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing …
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Regulation
South Korea says API crypto trading now makes up 30% of market: Report
by shayaanby shayaanSouth Korea’s Financial Supervisory Service (FSS) said Monday that API-based trading now accounts for about 30% of crypto buy-and-sell turnover, warning that …
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Regulation
South Korea court cancels Upbit suspension, citing regulatory gaps: Report
by shayaanby shayaanA South Korean court has canceled the Financial Intelligence Unit’s (FIU) three-month partial business suspension of Dunamu, the operator of crypto exchange …
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Finance
Bithumb Signs Crucial MOU with Circle for Stablecoin Expansion in South Korea
by shayaanby shayaanSEOUL, South Korea – April 13, 2025 – In a significant development for Asia’s cryptocurrency landscape, South Korean digital asset exchange Bithumb …
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Markets
South Korea proposes cryptocurrency law with bank-style rules for stablecoins
by shayaanby shayaanDraft bill outlines comprehensive framework for digital assets, including licensing, issuance and oversight www.coindesk.com
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The Bank of Korea and Bank of France held a joint seminar this week to examine how digital assets and climate change …
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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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Finance
South Korean Individual Investors Invested Millions of Dollars in Cryptocurrencies in the First Quarter of the Year! Here Are the Details
by shayaanby shayaanSouth Korean individual investors’ interest in crypto-related assets reached remarkable levels in the first quarter of the year. Investors invested approximately 1 …