layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises.Launching a won-

The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Monday.ECONOMIC EVENTSSouth African Treasury bill auctionForeigners' trading in South African bonds and equitiesA

Ripple Labs has signed a strategic partnership with BDACS, a South Korean digital asset custody provider, to support institutional custody for XRP and Ripple USD.The partnership, announced on Feb. 26, will enable BDACS to integrate Ripple Custody, th

South Korean cryptocurrency exchange Upbit was issued a partial business suspension by the country’s Financial Intelligence Unit (FIU), temporarily restricting new customer transactions.South Korea’s FIU imposed a three-month restriction on crypto de

South Korea's top cryptocurrency exchange, Upbit, is facing a regulatory storm. Accused of breaching Know Your Customer (KYC) obligations, the platform faces a suspension that could bar it from registering new users for six months. According to local

South Korean authorities have reportedly arrested the country’s impeached president, Yoon Suk Yeol, making him the country’s first sitting president to ever be taken into custody.Yoon was taken from his residence on Jan. 15 for questioning over his c

South Korean authorities have reportedly arrested the country’s impeached president, Yoon Suk Yeol, making him the first president to be taken into custody in years.Yoon was taken from his residence on Jan. 15 for questioning over his controversial m

The latest investigation suggests that Ignatova might be hiding in one of Cape Town's most luxurious neighborhoods.

The Financial Supervisory Service (FSS) of South Korea maintains its ban on Bitcoin spot and futures ETFs, enforcing strict regulations against cryptocurrency-related investment products. This persistent stance raises concerns about the country’s pot

A massive $232 million cryptocurrency scam in South Korea led to 215 arrests, including a YouTuber who fled the country.

The South Korean government has uncovered significant Know-Your-Customer (KYC) violations on Upbit, the country’s largest cryptocurrency exchange. On Nov. 14, local media reports indicated that the Financial Intelligence Unit (FIU) of the Financial S

Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000 cases of improper customer verification. The violations have

Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After Octo

A new South Korean regulatory body is set to launch this month, with a ruling on Bitcoin ETF approval reportedly high on its agenda.

South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. The committee will

The post Ripple News : XRP Payments Now Live in South Korea appeared first on Coinpedia Fintech News The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP in

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance

The messaging platform has drawn the ire of yet another regulatory body.

Coinspeaker BitGo Partners with Hana Financial, SK Telecom Ahead of License Gain in South Korea BitGo is currently in the process of obtaining a license as a virtual asset service provider (VASP) in South Korea, an important step in regulating its op

Bitcoin in South Korea remains a hot commodity. While the global BTC price hovered around $59K on September 1, Korean exchanges saw it trading at a premium.