#South Korea

Highlights: The banks plan to issue the coin through trust-based and deposit-linked models that directly link to customer funds. The Bank of Korea supports a slow rollout starting with banks as the government pushes for faster digital asset use. Many […]

Highlights: South Korea plans to allow spot crypto ETFs by late 2025 as part of a major shift in digital asset policy. The new roadmap includes rules for Korean won stablecoins and exchange fee reviews to improve market fairness. President […]

Highlights: South Korea is considering significant reforms with regard to crypto exchange fees. FSC will be comparing local charges with international platforms. Focus remains on major platforms like Bithumb, Upbit, and Coinone. South Korea is gearing up to carry out […]

Highlights: South Korea’s Digital Asset Basic Act creates stablecoin licensing and strengthens crypto oversight. The new bill requires stablecoin issuers to hold equity and secure reserve funds. President Lee backs won-based stablecoins to keep capital in South Korea. South Korea’s […]

Highlights: Lee Jae-myung has won the South Korean presidency and pledged strong support for digital asset development. His plans include allowing crypto ETFs and launching a Korean won-backed stablecoin. The crypto market expects faster progress as Lee forms a digital […]

Highlights: South Korea plans to link its deposit tokens with public blockchain networks for secure digital use. Political leaders are urging the country to introduce a Korean won stablecoin to reduce crypto outflow. The Agora Project will enable cross-border token […]

Highlights: South Korea will apply stricter KYC rules as it begins to allow some institutional crypto trading in June. Crypto policy takes center stage in South Korea’s 2025 election, with candidates backing ETFs and stablecoins. The Digital Asset Basic Act […]

Highlights: Within Q1 of 2025, Bithumb made up 25% of the country’s crypto trading volume. The exchange is preparing for a $1 billion IPO on Kosdaq, with a possible NASDAQ listing. With strict regulations in place, only Bithumb and Upbit […]

Highlights: RedotPay marks its expansion into South Korea with the launch of its crypto payment card. The fintech company attributed its South Korean expansion to the nation’s receptive attitude towards cryptocurrencies. RedotPay’s partnership with several entities like Straitsx and Visa […]

Highlights: South Korea transferred approximately $40.6 billion in crypto abroad, with nearly half of the amount in stablecoins. Crypto inflows topped outflows as 64.78 trillion won entered Korean exchanges. Crypto accounts hit 16.29M in Korea, covering around 32% of the […]

Highlights: Lee promises to approve crypto ETFs and improve investment safety for youth. FSC chairman supports spot crypto ETFs and plans discussions with the new administration. South Korea’s 16 million crypto investors could impact the presidential election outcome. South Korean […]

Highlights: South Korea’s ruling party plans to allow spot crypto ETF trading before the end of this year. The party will remove the one exchange one bank rule to give investors more banking choices. Over 3,000 firms may trade crypto […]