Korea

South Korea President Pushes Stablecoin Bill, Eyes Crypto Growth

Lee Jae-myung, recently elected President of South Korea, is moving forward with a bill focused on stablecoins. The proposed law would let companies issue stablecoins...

Korea Proposes New Digital Asset Law, Easing Stablecoin Rules

The Democratic Party of Korea has introduced draft legislation to ease digital asset regulations, including stablecoin issuance and crypto exchange operations. The new proposal would...

Korea Emerges as Key Test Ground in Central Bank vs Stablecoin Race

Bank of Korea is actively promoting its central bank digital currency (CBDC) efforts to Korea’s top banks. Korea’s largest banks recently announced a joint private...

S. Korea, EU Pledge Joint Action on N. Korea Crypto Threats

South Korea and the European Union (EU) met in Seoul to discuss international Cybersecurity strategies.The two sides agreed to strengthen cooperation against major cyber...

RedotPay Launches Crypto Payment Cards in South Korea via Visa

RedotPay introduces cryptocurrency payment cards in South Korea, enabling users to make purchases with digital assets at any VISA-accepting merchant.The cards support major cryptocurrencies...

Korea Establishes New Cryptocurrency Donation Rules for Non-Profits

Korea's Financial Services Commission has established new rules allowing nonprofits to receive cryptocurrency donations under specific guidelines. New regulations address how cryptocurrency exchanges...

South Korea blocks 14 crypto exchanges on Apple Store amid crackdown

South Korea's Financial Services Commission blocked 14 crypto exchanges on Apple's App Store, including KuCoin and MEXC, for operating without proper registration.The ban follows...

North Korea’s Lazarus Group Steals Record $1.4 Billion in Bybit Hack

North Korea's Lazarus Group stole $1.4 billion from Bybit in February, marking the largest single cryptocurrency hack in history.North Korean Hacking operations are more...

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UBS Raises Nvidia Price Target to $275 Amid Stock Surge

NVIDIA stock soared nearly 4.5% on Thursday, continuing its strong May performance.Global investment bank UBS has maintained a 'strong...

Bitcoin ETF Outflows Hit $88M Daily as Fed Rate Cut Hopes Dim

U.S. spot Bitcoin ETF netflows saw their largest daily outflow since mid-February, hitting -$88 million as institutional investors sold...

XRP Tops $1.50 After Crypto ‘Game Changer’ Senate Vote

XRP and BNB outperformed the broader crypto market on Friday following a key Senate committee vote on new crypto...