In line with the fast-advancing stablecoin legislation in the U.S., South Korea has taken on the currency-pegged crypto as its newest economic priority.The country's recently elected President Lee Jae Myung has vowed to approve the currently banned i

South Korea officially named left-wing party candidate Lee Jae-myung as its new president on Wednesday, after former leader Yoon Suk-yeol's failed military rule and subsequent backlash led to his impeachment after three years as president.On Tuesday,

South Korea’s opposition leader Lee Jae-myung has been sworn in as president following a decisive snap election victory, after campaigning on a platform that included a range of pro-crypto policies.Lee claimed victory in the June 3 election held six

South Korea officially named left-wing party candidate Lee Jae-myung as its new president on Wednesday, after former leader Yoon Suk-yeol's failed military rule and subsequent backlash led to his impeachment after three years as president.On Tuesday,

South Korea’s Democratic Party leader Lee Jae-myung proposed creating a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty.Speaking during a recent policy discussion, Lee argued that a won-base

Kim Moon-soo, the presidential candidate from South Korea's main right-wing party, officially announced Monday that he would support the local adoption of spot cryptocurrency exchange-traded funds as part of his election pledges.According to South Ko

Galxe has entered into a strategic partnership with MiL.k, a leading blockchain-based loyalty platform in Korea. The partnership aims to integrate 1.5 million users into the Galxe ecosystem, thereby promoting the global adoption of web3.GAL InfoGalxe

Bitcoin appears to be entering a period of consolidation following a brief burst of upward momentum earlier this week. After reaching nearly $86,000, the cryptocurrency has retraced slightly and is trading around $84,650 at the time of writing.Despit

North Korean cyberwarfare attacks on the cryptocurrency industry are growing in sophistication and in the number of groups involved in such criminal activity, crypto firm Paradigm warns in report titled “Demystifying the North Korean Threat.”North Ko

Seoul, South Korea, March 21, 2025 (GLOBE NEWSWIRE) — KODA, the largest custody provider in South Korea, has integrated Core - Bitcoin’s first Proof of Stake (PoS) layer and the largest Bitcoin DeFi ecosystem, making it the first Bitcoin scaling bl

Bithumb has signed a sponsorship deal with FC Seoul for the 2025 season, the cryptocurrency exchange announced today (Friday). The partnership is part of Bithumb’s outreach efforts to offer customers unique experiences.The sponsorship follows a separ

Cryptocurrency payment provider Alchemy Pay has acquired an Electronic Financial Business registration in South Korea after investing in a local e-finance platform, allowing the company to offer a wider range of financial services in the country. Acc

A big XRP transfer from Upbit, South Korea's biggest crypto exchange, is causing some buzz about what it might mean for the popular cryptocurrency. Whale Alert tracked the withdrawal of 24 million XRP, worth about $60.63 million, from Upbit's wallet

The new year 2025 has started for XRP with a rather large transfer of 30 million XRP to the major Korean exchange Bithumb. As it became known thanks to a report from Whale Alert, the amount of tokens equivalent to $64.03 million was deposited on Bith

This is the first time where South Korea has identified North Korea as the perpetrator of a cryptocurrency heist, the police agency said.

A Russian ransomware kingpin extradited from South Korea to the U.S. faces charges for orchestrating the $16 million Phobos malware targeting global critical infrastructure. Justice Catches Up: The Fall of a Ransomware Kingpin The U.S. Department of

The country’s financial watchdog reportedly discovered that Upbit approved hundreds of thousands of accounts without proper ID verification.

On Friday, South Korea’s finance ministry announced plans to regulate cross-border transactions of virtual assets, including cryptocurrency, starting in the second half of 2025. The new regulations will mandate that businesses engaged in cross-border

Couples in South Korea can now opt to cash out or split their crypto during divorce proceedings

South Korea’s financial watchdog is reportedly set to review the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly formed committee. South Korea, which has been cautious in its approach to crypto regulatio