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South Korea is likely to end the year without a framework for locally issued stablecoins, amid ongoing disputes over the role of banks in stablecoin issuance.The country’s central bank, the Bank of Korea (BOK), and other financial regulators have clashed over the extent of banks’ involvement in issu…
DUBAI, UAE, Oct. 24, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce the launch of its highly anticipated Referral Program for Bybit TradFi. The initiative enables users to earn up to 30% commission by inviting friends to trade…
A new report shows that many South Korean lawmakers are quietly investing in crypto, choosing digital assets over the weak local stock market. Instead of relying on KOSPI, they are building portfolios with Bitcoin, XRP, meme coins like PEPE, and even U.S. tech giants such as Microsoft and Tesla.This…
South Korea’s top financial regulator ordered crypto exchanges to suspend new digital asset lending services, citing mounting risks and highlighting a need for clear rules. The Financial Services Commission (FSC) said on Tuesday that it sent letters to exchanges requesting the suspension of new cryp…
South Korea is one of the leading crypto hubs with a proactive approach to digital assets. It is actively involved in creating a structured, innovative, and robust regulatory framework for the crypto industry. In 2025, the nation will continue to prioritize transparency and security in its digital e…
Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country. On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s …
People Power Party (PPP), a major right-wing political party of South Korea, officially announced Friday that it would promote a new bill aiming to promote the local crypto asset sector.According to local news agency Newsis, Kim Sang-hoon, policy chief of the former ruling party, stated during a mee…
South Korea’s top financial regulator will start allowing charities, universities and crypto exchanges to sell certain cryptocurrency holdings in the first half of this year amid “growing demand” for institutional crypto trading.This comes after the Financial Services Commission reportedly announced…
South Korea’s Financial Services Commission (SFC) is set to allow institutions to start selling their digital asset donations and instruct banks to offer more services to cryptocurrency firms.South Korea’s main financial regulator will allow charities and universities to sell their crypto donations …
South Korea has officially begun discussions to develop the second part of its crypto regulatory framework and aims to draft the legislation within the second half of this year, local news outlets reported.The country’s Financial Services Commission held a meeting on Wednesday to outline the key tas…
Taiwan’s Financial Supervisory Commission will enact new rules in January 2025 to require VASPs to complete compliance registration.
Taiwan's FSC plans trials for crypto custody services in 2025. Cybersecurity and anti-money laundering measures are prioritized. Continue Reading:Taiwan Initiates Trials for Crypto Asset Custody Services in Local Banks The post Taiwan Initiates Trials for Crypto Asset Custody Services in Local Banks…