South Korea
- Global News
South Korea’s FSC Orders Temporary Halt to Crypto Lending Services
The South Korean Financial Services Commission (FSC) has ordered local cryptocurrency exchanges to suspend their lending services until new regulatory…
Read More » - Global News
South Korea to Introduce Stablecoin Regulation Bill This October
South Korea is moving forward with plans to introduce legislation that could lay the groundwork for regulating a stablecoin tied…
Read More » - Policies & Regulations
Asia’s Stablecoin Power Play: How Hong Kong and South Korea Are Redefining Digital Finance
As central bank digital currency (CBDC) projects lose momentum in Asia, two regional powerhouses—South Korea and Hong Kong—are emerging as…
Read More » - Policies & Regulations
South Korea’s Ruling and Opposition Parties Clash Over Stablecoin Regulation
In a sign of the growing importance of digital assets to South Korea’s economy, the country’s ruling and opposition parties…
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Is South Korea Shifting Its Crypto Policy? Caution Meets Gradual Reform
South Korea’s approach to digital assets appears caught between progressive reform and entrenched caution, as two seemingly contradictory regulatory updates…
Read More » - Global News
Stablecoins Go Global: Société Générale Drops USDCV, South Korea Moves to Legalize Local Tokens
As stablecoins gain increasing traction on the global stage, both private and public sector players are taking significant steps to…
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Crypto Trading Volume Surpasses South Korea’s Stock Market
In a significant shift in South Korea’s financial landscape, the daily trading volume of cryptocurrencies has overtaken that of traditional…
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South Korea to Release Institutional Crypto Investment Guidelines by Q3, FSC Confirms
South Korea’s financial watchdog, the Financial Services Commission (FSC), announced on Wednesday its plans to release comprehensive guidelines for institutional…
Read More » - Government
South Korea Edges Closer to Decision on Bitcoin ETFs
South Korea is moving closer to a decision on Bitcoin exchange-traded funds (ETFs), according to a report from local publication…
Read More » - Government
South Korea Moves Towards Easing Institutional Crypto Trading Restrictions
The South Korean government is considering a gradual relaxation of restrictions on institutional cryptocurrency trading. The Financial Services Commission (FSC)…
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