South Korea

South Korea Parties Clash Over Stablecoin Bills, Interest Ban Divides

South Korea’s main political parties each introduced proposed laws to regulate stablecoins pegged to the Korean won. The two bills differ mainly on whether to...

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,...

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ImmunityBio founder touts sepsis trials, NantX after Binance theft

Patrick Soon-Shiong renewed his “NantX coming soon” teaser after a $6.3 billion Binance theft, spotlighting a separate financial-services venture.ImmunityBio...

Crypto.com Shuts Hong Kong App, Eyes Institutional Exchange

crypto.com will shut down its consumer app in Hong Kong on Feb. 1, 2027, citing regulatory changes.Affected users have...

Kim Yo Jong denies North Korea behind Binance hack, hints US

Kim Yo Jong denied North Korea's involvement in the $6.3 billion Binance hack and rejected the FBI's attribution of...