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, …
South
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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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Regulation
South Korea’s Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims
by shayaanby shayaanNew Rules on Asset Seizure South Korea’s Supreme Court has announced a sweeping update to its civil enforcement regulations, establishing clear legal …
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Regulation
SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa
by shayaanby shayaanSARS Targets Six Million Users The South African Revenue Service (SARS) has released guidance on the taxation of crypto assets, a major …
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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
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
by shayaanby shayaanSK Hynix has become the dominant supplier of those chips, a position that made it South Korea’s most valuable listed company this …
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Regulation
South Korea Delegation Meets U.S. SEC to Narrow Crypto Regulation Gap
by shayaanby shayaanA South Korean government delegation has met with the U.S. Securities and Exchange Commission (SEC) to discuss reducing differences in cryptocurrency regulations …
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South Korea’s Financial Intelligence Unit (FIU) informed the Financial Action Task Force (FATF) about the increasing gaps in regulation regarding crypto transfers …
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Regulation
South Korea’s Ruling Party Engages Solana Policy Institute on Digital Asset Law Reform
by shayaanby shayaanSouth Korea’s ruling Democratic Party is taking a concrete step toward shaping the next phase of the country’s digital asset regulations by …
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Preliminary data released Monday showed South Korea’s exports climbed 60.4% from a year earlier for the first 20 days of June. So …