Stablecoin Sparks Digital Currency Power Struggle Between Bank of Korea and Commercial Banks
Tensions are rising between the Bank of Korea (BOK) and commercial banks over control of the future digital payments infrastructure, as stablecoins gain traction...
South Korea’s Crypto Holdings Surpass ₩104 Trillion as Trump’s Reelection Fuels Market Surge
The South Korean cryptocurrency market has reached a historic milestone, with total crypto holdings at domestic exchanges surpassing ₩104.1 trillion (approx. $75 billion) for...
“Bitcoin as a National Reserve? Global Strategy to Be Unveiled in Seoul”
From June 4 to 6, Seoul’s Gwangjin District will host Bitcoin Seoul 2025, Asia’s largest Bitcoin-focused conference. This high-profile event comes at a time...
Crypto Exchange Polarization Deepens in Korea – Small Platforms Struggle to Survive
As South Korea's crypto market regains momentum in 2025, the gap between major and minor exchanges continues to widen. While top-tier platforms are reaping...
“Better Than a Parking Account?” — Over 2% Yield on Crypto Exchange Deposits Spurs...
With interest rates on traditional savings accounts dipping below 2%, Korean crypto exchanges are drawing attention by offering deposit yields that exceed their banking...
Bank of Korea Launches CBDC Pilot with Deposit Tokens in Real-World Retail Test
“Two Americanos, paid with digital currency, please.”
Starting April 1st, the Bank of Korea (BOK) is initiating a three-month pilot program titled “Project Hangang” to...
Amid Strong Dollar Trend, ‘Digital Dollar’ Gains Popularity… 4 in 10 Korean Investors Buy...
As global trade tensions and exchange rate instability persist, investors are rapidly turning their attention to stablecoins. In particular, stablecoins like Tether (USDT), which...
Crypto Exchanges Reinstate Withdrawal Delay System Amid Voice Phishing Surge
Cryptocurrency exchanges are reintroducing the 'withdrawal delay system,' which had been reduced or abolished in the second half of last year. This move comes...
Korbit Partners with Shinhan Bank to Launch Virtual Asset Management Services for Nonprofits, Pioneering...
South Korea-based crypto exchange Korbit has officially partnered with Shinhan Bank to launch virtual asset management services tailored for nonprofit organizations, entering the corporate...
Strategic Reserve of Crypto Assets: Conflicting Stances Among Korean Government Agencies
The South Korean government is intensifying discussions over the possibility of including cryptocurrencies as strategic reserve assets. However, conflicting positions among key ministries and...
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Virtual Assets Emerge as Key Issue in Early Presidential Election —...
As South Korea's June 3rd snap presidential election approaches, political parties are ramping up efforts to win the support of the nation's 18 million...
