Bank of Korea Launches “Digital Asset Unit” to Address KRW Stablecoin Developments
In response to accelerating discussions on digital asset regulation and stablecoin institutionalization, the Bank of Korea (BOK) has established a new Digital Asset Unit...
While Global Banks Offer Crypto Custody and Trading, Korean Banks Still Lag Behind —...
As global banks ramp up their crypto capabilities—offering custody, trading, and execution—Korean banks remain largely restricted from providing even basic crypto custody services.
The U.S....
Crypto Exchanges Pay Over ₩120 Billion in Deposit Interest in Just One Year
South Korea's major cryptocurrency exchanges have paid more than ₩120 billion in deposit interest over the past year, following the enactment of the Virtual...
KODA and Samsung Fire & Marine Launch $20M Crypto Insurance for Institutional Custody
Korea Digital Asset (KODA), a crypto custody platform jointly established by Hashed and KB Kookmin Bank, has signed a digital asset insurance contract with...
Hanwha Asset Management Eyes Solana and XRP as Potential ETF Underlyings
Hanwha Asset Management has revealed that it is actively considering Solana (SOL) and XRP alongside Bitcoin and Ethereum as base assets for upcoming crypto-related...
Korean Card Industry Forms Stablecoin Legislation Task Force to Prepare for Payment Market Shift
Korea's card industry is launching a proactive response to the potential institutionalization of won-based stablecoins. The Credit Finance Association and the nation’s major card...
Korbit Joins Circle’s Global Alliance to Expand USDC Ecosystem Participation
Korbit, one of Korea’s leading crypto exchanges, has officially joined the Circle Alliance Program, a global initiative led by Circle, the issuer of the...
Bdan Exchange Surpasses ₩1.27 Trillion in Trading Volume Amid Gold Market Surge
Busan Digital Asset Exchange (Bdan), South Korea’s only 4th-generation RWA (Real World Asset)-based blockchain platform, has seen its cumulative trading volume surge past ₩1.27...
Upbit’s ‘Crypto Saving’ Service Surpasses ₩200 Billion in Investments in Just 11 Months
Upbit’s automated crypto investment service, “Crypto Saving”, has exceeded ₩200 billion in cumulative investments as of July 15—just 11 months after its launch. The...
Retail Korean Investors Shift from Tesla to Circle amid Soaring Crypto Sentiment
Korean retail investors investing in U.S. equities—known as "Seohak ants"—are quickly shifting their attention from traditional big tech stocks to crypto-related companies. Over the...