South Korea

South Korea's ruling party is drafting a bill that would regulate stablecoins as foreign exchange payment tools and require tokenized asset issuers to hold...

South Korea's government and ruling party have agreed to propose a 20% ownership cap for major shareholders of local crypto exchanges.Major platforms like Upbit...

South Korea’s National Tax Service accidentally published seed phrases in a press photo, revealing private wallet keys.An anonymous user subsequently drained three wallets of...

Submission of the Digital Asset Basic Act has been pushed to 2026 amid unresolved issues with stablecoin issuers.The proposed bill would allow stablecoins pegged...

BC Card finalized a stablecoin payment pilot involving foreign users paying local merchants in South Korea.The pilot converted stablecoins held in overseas wallets into...

South Korea’s crypto trading volume has dropped sharply by about 80% since late 2024.Retail investors have shifted their focus from cryptocurrencies to the Korean...

South Korea may revise its sanctions policy on North Korea after U.S. sanctions linked Pyongyang’s crypto theft to weapons funding.The U.S. Treasury sanctioned eight...

Donald Trump met with China’s President Xi Jinping during a summit in South Korea. The U.S. will remove fentanyl-related tariffs on Chinese goods if China...