South Korea

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...

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...

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...

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...

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...

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...

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...

South Korea delays Lee’s stablecoin bill amid issuer row now

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...

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Rivian R2 deliveries start June, output scales to year-end

Rivian began delivering its R2 electric SUV in June, with production exceeding internal expectations and 57,000 demo drives completed...

Strategy Posts $8.2B Q2 Loss as Bitcoin Slump Hits

Strategy posted an $8.22 billion net loss in Q2 2025, primarily due to an $8.32 billion unrealized loss on...

North Korea macOS Malvertising Uses Fake Update, Blockchain C2

North Korean hackers are using a fake macOS update screen to trick users into running malicious Terminal commands.The campaign...