South Korea’s Korbit becomes Digital X under Mirae Asset ownership
Mirae Asset has rebranded South Korean cryptocurrency exchange Korbit as Digital X after completing its acquisition of a controlling stake, positioning the platform as the...
Tag : South
South Korea crypto volumes shrink as retail investors shift to stocks
South Korea’s major crypto exchanges have seen their trading activity fall sharply over the past year as the country’s stock market surged, suggesting retail speculative...
South Korea begins nationwide rollout of CBDC based deposit token payments
South Korea has launched a 9.6 billion won project to expand its CBDC-based deposit token payment system into everyday commercial payments, building on the Bank...
HashKey taps Kbank, BPMG in South Korea stablecoin payments push
HashKey Group has signed a memorandum of understanding with South Korea’s Kbank and blockchain technology company BPMG Group to develop digital asset business models focused...
South Korea eyes September launch for second phase of CBDC pilot: Report
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits The...
South Korea unveils roadmap for won stablecoins and currency reforms
South Korea has unveiled a roadmap to make the Korean won a freely convertible currency, pairing foreign exchange reforms with a legal framework for won-backed...
South Korea flags 40 cases of crypto market manipulation since 2024
South Korean financial authorities investigated more than 40 cases of unfair crypto trading during the first two years of the Virtual Asset User Protection Act,...
South Korea probed 40 cases of crypto manipulation over 2 years
South Korea’s financial authorities investigated more than 40 cases of unfair trading, including market manipulation and fraudulent crypto trading, in the last two years. According...
South Korean regulator begins sanctions process against Dunamu: Report
South Korea’s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, regarding the $36 million...
South Korea targets Dunamu over Upbit hack as legal gaps emerge
South Korea’s Financial Supervisory Service has begun a formal sanctions process against Dunamu, the operator of crypto exchange Upbit, over the major wallet breach reported...