South Korea Court Rules Bitcoin Held by Virtual Asset Exchanges Can Be Seized
TLDR South Korea’s supreme court confirmed Bitcoin held in virtual asset exchanges can be legally seized under the Criminal Proced...
South Korea to Introduce Stablecoin Rules and Approve Bitcoin Spot ETFs in 2026...
TLDR South Korea will introduce stablecoin regulations in 2024, requiring issuer licensing, full reserves, and redemption rights....
Authorities Question Binance’s Response After Partial Freeze of Upbit Hack Funds
TLDR Binance froze only 17% of stolen Upbit funds, despite urgent requests from Upbit and local authorities. Hackers used complex...
A16z Crypto Expands to Seoul, Appoints Sungmo Park as Regional Head
TLDR A16z crypto opens its first Asian office in Seoul to strengthen its presence in the region. Sungmo Park, formerly at Monad Fo...
South Korea’s Financial Sector Accelerates Stablecoin Development: Are the Regul...
TLDR South Korea’s major banks join tech firms like Naver and Samsung to develop won-pegged stablecoin systems. Stablecoin transac...
South Korea’s Ruling Party Urges Immediate Approval for Bitcoin Spot ETFs
TLDR South Korea’s ruling PPP pushes regulators to approve Bitcoin spot ETFs without further delay. Lawmakers plan to propose lega...
Japan, South Korea, and India Drive APAC Crypto Adoption Trends: Report
TLDR: India ranks first globally in retail, DeFi, CeFi, and institutional crypto adoption in 2025. APAC monthly on-chain value pea...
South Korea’s “Google” Naver to Buy Upbit in Major Crypto Deal
TLDR: Naver Financial and Dunamu are preparing a full stock swap to make Upbit’s operator a wholly owned subsidiary. The deal coul...
KRW1 Stablecoin Goes Live on Avalanche as BDACS Partners with Woori Bank
TLDR: BDACS introduced KRW1, the first Korean won-backed stablecoin, fully collateralized with fiat deposits at Woori Bank. Avalan...
South Korea Opens Venture Funding to Crypto Firms, Ending 7-Year Ban
TLDR: South Korea removes a 7-year ban on crypto firms gaining venture certification from September 16, 2025. Ministry of SMEs con...