Hecto Financial Enters the Stablecoin Payment Market in Full Force: Eyes Global Expansion
South Korean fintech firm Hecto Financial is officially entering the stablecoin-powered payment market, leveraging its experience in local digital payment infrastructure and new partnerships...
₩9.6 Billion Crypto Slush Fund? Hancom Chairman Kim Sang-cheol Denies Allegations in Court
Kim Sang-cheol, chairman of the Hancom Group, stood trial for allegedly creating a ₩9.6 billion ($7 million) slush fund through cryptocurrency transactions, firmly denying...
Dunamu Invests ₩38.4 Billion in Information Security Over Four Years: “Security Is Core to...
Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, has disclosed that it invested a total of ₩38.4 billion (approx. $28 million) in information...
Circle Surges, Meets Bank of Korea — Crypto Inches Closer to Mainstream Integration
The global crypto industry is rapidly approaching regulatory normalization, with Circle, the issuer of USDC, now at the forefront. The recent passage of the...
‘IXO™ Season 3’ Blockchain Investment Conference to Kick Off in Seoul on June 24
The third season of the blockchain investment conference ‘IXO™’ will be held on June 24–25 at the Textile Center Conference Hall in Gangnam, Seoul....
Crypto-Based Illegal Remittance Uncovered: 61 Money Exchange Businesses Busted by Korean Customs
South Korea’s Customs Service has uncovered widespread illegal activity involving 61 money exchange businesses, some of which were found to have facilitated large-scale underground...
DAXA Distributes 10,000 Leaflets Nationwide to Prevent Crypto Investment Scams
The Digital Asset eXchange Alliance (DAXA), a coalition of South Korea’s major cryptocurrency exchanges, has launched a comprehensive campaign to protect investors from increasingly...
K-Bank Joins Open Blockchain & DID Association, Accelerates Stablecoin Issuance Plans
K-Bank, Korea’s first internet-only bank, has officially joined the Open Blockchain & DID Association (OBDIA), signaling its intent to actively participate in the development...
“Crypto for Campaigns?” Korea Considers Digital Asset Donations for Political Funding
South Korea is exploring the use of digital assets such as cryptocurrencies for political fundraising. At a recent policy seminar titled “Political Fundraising, Now...
KDA Urges Immediate Passage of Digital Asset Basic Act by Year-End: “No More Delays”
The Korea Digital Asset Business Association (KDA) has issued a strong call for the National Assembly to pass the Digital Asset Basic Act within...