South Korea

Parataxis Launches Bitcoin Treasury Platform in South Korea

Parataxis Holdings will launch a Bitcoin treasury platform by acquiring Bridge Biotherapeutics in South Korea. The investment totals $18.5 million for a controlling stake, transforming...

South Korea Revises Stablecoin Bill, Expands Bank of Korea Role

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...

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...

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...

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...

South Korea crypto users surpass 16M after Trump’s election victory

South Korea's crypto exchange users have surpassed 16 million (over 30% of the population), outpacing stock market participation.User numbers jumped by 600,000 following Trump's...

South Korea: Google Play blocks 17 unregistered crypto exchanges

Google Play has restricted access to 17 unregistered cryptocurrency exchanges operating in South Korea at the request of the country's financial regulators.The affected exchanges,...

South Korea considers blocking crypto exchanges operating without licenses

South Korea's Financial Intelligence Unit (FIU) is investigating crypto exchanges allegedly operating without proper registration as virtual asset service providers (VASPs).Authorities are considering blocking...

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Moonshot AI Uses 20,000 Nvidia Chips Leased from Alibaba

Beijing-based AI startup Moonshot is using a cluster of around 20,000 NVIDIA chips leased from backer Alibaba to train...