South Korea crypto holdings halve in a year as investors turn to stock market
The value of cryptocurrency held by South Korean investors more than halved over the past year, falling from 121.8 trillion won ($83.3 billion) at the...
Tag : South
South Korea crypto holdings crash 50% as investors chase stocks
South Korean investors cut their crypto holdings by more than half over the past year as capital moved toward the stock market. Summary South Korean...
South Korea Ordains Robot Monk Ahead of Buddha’s Birthday
In brief A Unitree Robotics G1 humanoid named Gabi was formally initiated as a monk at Seoul’s Jogyesa Temple on Wednesday. The Jogye Order adapted...
South Korea confirms 22% crypto tax starting January 2027: Report
South Korea’s Finance Ministry has confirmed that a long-delayed tax on crypto gains will take effect as scheduled in January 2027. Moon Kyung-ho, director of...
Ripple Custody signs South Korea’s first insurance deal to pilot near real-time bond settlement
Ripple Custody entered a strategic partnership with Kyobo Life Insurance on April 15, making Ripple Custody Korea’s first blockchain-based government bond settlement platform for a...
South Korea crypto sector warns AML proposal goes too far: Report
South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create operational confusion by forcing virtual asset service providers (VASPs)...
South Korean Court Lifts Bithumb's Six-Month Business Suspension
In brief The Seoul Administrative Court granted a stay on Bithumb’s business suspension Thursday, pending a final ruling. Judge Gong Hyeon-jin cited potential irreparable harm...
South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
South Korean prosecutors have requested a 20-year prison sentence for the CEO of crypto deposit service Delio, calling the scale of alleged fraud against thousands...
Ripple KBank Deal Tests Blockchain Remittances in South Korea
South Korea’s KBank signed a strategic partnership with Ripple on April 27 to test blockchain-based cross-border remittances, marking Ripple’s second Korean institutional deal this month...
South Korean Bank Partnered With Ripple for Cross-Border Payments: Is XRP About to Get Its Biggest Banking Endorsement Yet?
South Korea just handed Ripple XRP its biggest institutional endorsement in months. Whether the market has priced that in yet is the question traders need...