Korea

South Korea’s Democratic Party introduced new digital asset legislation to refine stablecoin oversight.The Financial Services Commission keeps main supervision but must now consider the...

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...

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...

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...

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 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'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'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...