Tag: South Korea
DAXA Publishes 2025 Digital Asset Policy Report, Outlines Direction for Stablecoin Regulation
DAXA (Digital Asset eXchange Alliance) has released its Digital Asset Policy Report, responding to rising public interest in digital assets and the need for...
Generational Divide Among the Wealthy: 3040 Embraces Crypto and Stocks, 5060 Stays with Gold...
A widening generational gap is reshaping investment strategies among Korea’s wealthy. While the older 50s and 60s generation ("Old-rich") are seeking safety in gold,...
CBDCs Will Reduce Demand for Bitcoin, Says South Korea Central Bank Chief
Bank of Korea Governor Lee Ju-yeol said when central bank digital currencies (CBDCs) are introduced, the demand for existing cryptocurrencies like bitcoin will fade....
South Korean police seize Bithumb shares in third raid this month
South Korea’s largest cryptocurrency exchange Bithumb has been raided by the Seoul Metropolitan Police for the third time this month, according to a report...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
In January, the government-owned bank filed its trademark application for digital assets custody with the Korean Intellectual Property Office. The trademark is called Kbdac....
TRX Is Now Spendable in 13,000 ATMs across South Korea
Spending cryptocurrency just got a whole lot easier for South Koreans. Locals, as well as the millions of tourists who flock to the country...
Blockchain-powered insurance mobile notification coming to South Korea
South Korean telecom company KT Corporation has partnered with a local insurance agency to integrate blockchain technology with its mobile notification service. The project...
Digital Asset Exchange ‘APROBIT’ Pre-Launches on June 1st, Holding ‘APROBIT Challenge Event’
Digital Asset Exchange ‘APROBIT’ Pre-Launched on June 1st Digital asset exchange 'APROBIT', operated by blockchain fintech company 'APRO Korea (CEO: Bung Jun (Aaron) Kim)'...
South Korea will start taxing profits from bitcoin and other cryptocurrencies next year, according...
South Korea’s Ministry of Economy and Finance proposed the amendments to the existing tax law to include the cryptocurrency industry, with backing from the...
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
LG has partnered with United States-based company Evernym to develop blockchain ID technology.
Asian financial news outlet Aju Business Daily reported on May 26 that...
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Crypto.com Partners with KSNET to Launch Crypto Payment Services for Foreign...
Crypto.com, a global cryptocurrency platform trusted by over 140 million users worldwide, has announced a strategic partnership with KSNET, South Korea's largest integrated payment...
