South Korea Archives - Page 2 of 2

August 19, 2025
Crypto News, Finance

South Korea Orders Crypto Exchanges to Halt Lending Services Pending New Rules

South Korea’s Financial Services Commission (FSC) has stepped in to temporarily halt all crypto lending services offered by local exchanges, citing legal uncertainty and growing risks to investors. Why...

August 6, 2025
Crypto News, Finance

South Korea’s Stablecoin Race Heats Up with fanC and Initech’s KRWIN Pilot

South Korea may finally be stepping into the stablecoin arena, and fanC, in collaboration with financial software firm Initech, is leading the charge. On August 5, the two companies...

July 24, 2025
Crypto News, Finance

South Korea Warns Asset Managers Over Crypto-Linked ETFs But Change Is Coming

South Korea’s financial watchdog is taking a cautious step back on crypto exposure at least for now. The Financial Supervisory Service (FSS) has informally told local asset managers to...

May 4, 2025
Crypto News, Finance

South Korean Presidential Hopefuls Target 16M Crypto Voters Ahead of June Election

As South Korea approaches its highly anticipated June 3 general election, cryptocurrency has taken center stage in political campaigns. With an estimated 16 million cryptocurrency investors, representing 36% of...

April 22, 2025
Crypto News, Finance

KakaoBank Partners with Coinone to Enable Real-Time Bitcoin Price Tracking

KakaoBank, South Korea’s leading mobile bank with over 22 million users, is taking another step into the digital asset space. In a new initiative aimed at improving user access...

March 19, 2025
Crypto News, Finance

Why South Korea Rejected a Bitcoin Reserve and Global Hesitations on BTC Adoption

On March 17, 2025, the Bank of Korea (BOK) made its first official statement regarding Bitcoin’s potential inclusion in its national reserves. The central bank dismissed the idea outright,...

March 11, 2025
Crypto News, Finance

Bank of Korea Launches CBDC Pilot for 100,000 Consumers: Report

South Korea’s central bank is gearing up to launch a real-world transaction test for its central bank digital currency (CBDC) this month. The pilot program will involve 100,000 consumers...

March 5, 2025
Crypto News, Finance

South Korea Strengthens Anti-Money Laundering Rules Following Crypto Scandals

South Korea’s Financial Intelligence Unit (FIU) has announced new anti-money laundering (AML) measures aimed at tightening monitoring on crypto transactions and other financial activities linked to illicit crimes. The...