South Korean Crypto Stablecoin Push Could Backfire, BOK Warns — Here’s Why
South Korea’s central bank has expressed caution over the potential consequences of issuing won-pegged crypto stablecoins, raising concerns that their ...
Tag: South Korea
$650M Crypto Fraud Charges Dropped: CEO Acquitted Months After Stabbing Incident
A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked ...
South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight
A South Korean lawmaker has introduced a comprehensive bill aimed at establishing a more structured regulatory environment for crypto assets ...
Bank Of Korea Dives Into Crypto: Deposit Tokens Head To Public Chains
The Bank of Korea is moving ahead with plans to tie its own digital tokens to the wider crypto world. ...
Local Markets Out, Crypto In: South Korea’s Youth Investors Make Bold Shift
South Korean youth are abandoning their domestic stock markets at unprecedented rates, instead directing their investments toward US stocks and ...
Foreign Crypto Investors May Finally Access South Korea’s Market—Here’s the Catch
South Korea is considering opening its cryptocurrency market to foreign investors, contingent upon significant improvements in anti-money laundering (AML) measures ...
Bitcoin In Reserves? South Korea’s Central Bank Won’t Bite
The central bank of South Korea is not buying into the (popular) notion of including Bitcoin in its foreign exchange ...
South Korean Lawmaker Cleared in High-Profile Crypto Scandal
A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he "concealed" cryptocurrency assets. The case centered on ...
