South Korea

Highlights: South Korea’s top banks are working with Naver, Kakao, and Samsung to create stablecoins and make digital payments easier. Stablecoin trading in the country has already passed 60 trillion won ($41.15 billion) even without clear laws. Regulators plan to […]

Highlights: IQ and Frax created KRWQ, the first won-backed stablecoin on Coinbase Base. KRWQ works on many blockchains using LayerZero and Stargate for easy transfers. South Korea is making stablecoin rules to control money and grow the digital economy. IQ, […]

Highlights: Bitplanet has purchased 92.67 BTC for $10.9 million to launch its long-anticipated Bitcoin treasury plan. The company paid an average of $117,647 per BTC, as it became the first public firm to acquire BTC via a licensed domestic exchange. […]

Highlights: 10x Research reported $800 billion shifting from altcoins to Bitcoin and corporate holdings. Falling liquidity and investor confidence have left the altcoin market quiet and weak. Markus Thielen said traders now prefer Bitcoin-related firms, marking a lasting investor shift. […]

Highlights: After more than two years of delays, Binance has completed the Gopax acquisition. The final obstacle was removed when executive changes were approved by South Korea’s FIU. Gopax will repay impacted users and resume operations with Binance support. Binance, […]

Highlights: Solana Foundation has partnered with Wavebridge to launch a KRW stablecoin. The partnership plans to build a trusted system linking banks and blockchain networks in South Korea. KRW stablecoins are growing as South Korea prepares new rules for blockchain-based […]

Highlights: FIU has resumed review of Binance’s Gopax acquisition after a two-year delay. Approval could allow Binance’s return to South Korea by the end of 2025. U.S. legal settlements improve Binance’s global compliance outlook. The review of Binance’s Gopax acquisition […]

Highlights: South Korea has tightened crypto oversight as NTS moves to seize cold wallets. Crypto adoption rises to 11 million users, driving stronger monitoring and stricter enforcement across exchanges. Stablecoin trading in South Korea drops 80% as investors react to […]

Highlights: Sui and t’order have partnered to enable fast and low-cost stablecoin payments across South Korea. The blockchain integration could reduce transaction fees for small businesses by up to 150 billion KRW annually. The collaboration integrates blockchain and FacePay technology […]

Highlights: Naver Financial is set to acquire Upbit, gaining control of South Korea’s largest crypto exchange. The acquisition supports Naver’s plan to launch a Korean won-backed stablecoin and expand digital finance. The deal positions Naver to strengthen market influence amid […]

Highlights: South Korea has set up a crypto task force to involve regulators and the private sector in shaping policy. South Korea’s Democratic Party plans to pass stablecoin and crypto laws before the year ends. The Bank of Korea has […]

Highlights: South Korea reports a surge in domestic crypto users and suspicious crypto transactions in 2025. The Asian nation’s virtual asset providers filed 36.6k suspicious deals, exceeding the combined 35.7K reported in the past two years. South Korea has also […]