South Korea
News
South Korea expands crypto Travel Rule to all transfers
South Korea will eliminate the $700 threshold for crypto Travel Rule compliance, applying it to all transfers between registered VASPs.The Cabinet approved amendments to...
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South Korea Crypto Volumes Surge 600% as KOSPI Plunges 18%
South Korean crypto trading volumes surged 600% as the KOSPI stock index dropped nearly 18% this week.
Investors may be shifting funds to overseas exchanges...
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South Korea eyes September launch for second phase of CBDC pilot
The Bank of Korea plans to launch the second phase of its wholesale CBDC pilot, Project Hangang, as early as September.Two regional banks, Kyongnam...
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SK Hynix Ousts Samsung As South Korea’s Top Valued Firm
SK Hynix became South Korea's most valuable listed company on June 22, 2026, with a market cap of $1.35 trillion.The company's surge is driven...
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OKX Eyes South Korea Entry Via Coinone Stake
OKX and Korea Investment & Securities are reportedly negotiating to each acquire roughly 20% of South Korean exchange Coinone.The deal follows recent regulatory action...
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South Korea’s new crypto bill targets stablecoins, tokenization
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...
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South Korea Proposes 20% Ownership Cap on Crypto Exchanges
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...
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South Korea’s Tax Service Leaks Secret Crypto Keys in Blunder
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...
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Consensys splits MetaMask from institutional blockchain arm
ConsenSys will separate into two independent companies by the end of 2026, splitting its consumer wallet business from institutional...
Meta Shares Jump 6% as Wall Street Backs New AI Agent Muse
Meta Platforms shares rose over 6% on Wednesday after Wall Street analysts endorsed the company’s new AI agent, Muse.Muse...
US Bank tests stablecoin cross-border payment; cards get stablecoin support
U.S. Bancorp successfully piloted its USBDC stablecoin to settle a cross-border payment between North American and European entities on...
