Upbit Operator Dunamu Rolls Out Cold Wallet Custody for Institutions
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has unveiled a new custody service aimed at corporate...
South Korea Takes Another Step Toward Crypto Reform Amid Talk of Regulatory Shak...
South Korea’s government is set to fast-track pro-business crypto reforms, including stablecoin regulations.The post South Korea...
Seoul’s Gangnam District Targets Tax Evaders in Revamped Crypto Confiscation Dri...
The affluent Seoul district of Gangnam is ramping up its crypto confiscation initiative for tax evaders, seizing 340 million won (...
Bithumb to Scale Back Crypto Lending Services After Regulatory Pressure
The crypto exchange Bithumb has made “significant reductions” to the scale of its crypto lending services amid ongoing concerns fr...
South Korean Overseas Retail Investors Pivot to Stablecoin-Tied Stocks: Report
South Korean retail investors increased their investments in shares related to stablecoins, following the passage of the U.S. GENI...
KakaoBank Mulls South Korean Won-Backed Stablecoin Launch by 2025: Report
South Korea's KakaoBank is “reviewing” various methods, including the issuance of a won-backed stablecoin and digital asset custod...
With South Korea's CBDC Plans Dead, KakaoBank Joins Stablecoin Gold Rush
The online lender joins a growing wave of Korean fintechs eyeing stablecoin issuance after the government scrapped its CBDC pilot...
Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by Silver...
The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.
Ripple’s Partnership With BDACS Pays Off as XRP Support Goes Live at Korean Cryp...
BDACS launches XRP custody for institutions in Korea, deepening Ripple partnership and boosting regulatory alignment for XRP’s glo...
South Korean Crypto Exchange Bitsonic CEO Faces Second Jail Term Over Fraud
Bitsonic CEO defrauded customers for a total of 160 million won ($115K) by inflating Bitsonic Coin trading volume and market price...