News about SOUTH KOREA

News about South Korea

South Korean Police Bust Gambling Den Behind Crypto Mining Front

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South Korea Eyes Opening Crypto Market to Foreign Investors Amid AML Challenges

Key Takeaways: South Korea may allow foreign investments in crypto. Whether this happens depends on exchanges strengthening their AML efforts. Changes in policy could revive the local crypto sector. South Korea may open its cryptocurrency market to...

Three South Korean Crypto Fraudsters Sentenced for 30% Monthly Gains

Key Takeaways: Three people were jailed by a South Korean court for operating a Bitcoin Ponzi scam that cheated investors out of 610 million won, or about $460,000. The scheme promised 30% monthly profits but actually misappropriated money for perso...

South Korean crypto exchange users hit 16M in ‘saturation point’

South Korean industry officials are reportedly speculating the number of crypto users could hit 20 million by the end of the year....

South Korea Blocks Foreign Crypto Exchanges on Google Play Amid Regulatory Crackdown

Key Takeaways: South Korea seems to be protecting its users by limiting access to crypto exchanges not registered with its government. Apps from exchanges like KuCoin, MEXC, and Poloniex are also being blocked from Google Play. The move is in line w...

South Korea to block non-compliant crypto exchanges

South Korean authorities are looking to block crypto exchanges that do not comply with the country’s strict reporting rules. S...

South Korea Reassesses Bitcoin ETF Prospects as Japan Shifts Crypto Policies

Key Takeaways: Like other nations with historical ties to Japan, South Korea closely watches Japan’s changing crypto policies, especially those related to Bitcoin ETFs. Bitcoin ETFs, widely successful globally, may force South Korean regulator...

South Korea to Trial CBDC With 100,000 Users and 7 Banks

South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposi...

South Korea Opens Door to Institutional Crypto Investment

South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for diffe...

South Korea ‘Speeding Up’ Crypto Efforts: FSC To Issue Institutional Investment Guidelines By Q3

South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the dig...

South Korea Should Consider Bitcoin Reserve, Say Industry Lobbyists, Democratic Party Members - Decrypt

South Korea Should Consider Bitcoin Reserve, Say Industry Lobbyists, Democratic Party Members& & Decrypt

South Korea explores establishing a strategic Bitcoin reserve

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NEW: ???????? South Korea's Democratic Party to explore the addition of Bitcoin to a national fund.

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South Korea inches closer to Bitcoin ETF decision, looks to Japan as example - Cointelegraph

South Korea inches closer to Bitcoin ETF decision, looks to Japan as example& & Cointelegraph

South Korea inches closer to Bitcoin ETF decision, looks to Japan as example

South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets....

Ripple's President: South Korea Preparing for Institutional Crypto Boom – News Bytes Bitcoin News - Bitcoin.com News

Ripple's President: South Korea Preparing for Institutional Crypto Boom – News Bytes Bitcoin News& & Bitcoin.com News

Ripple’s President: South Korea Preparing for Institutional Crypto Boom

South Korea is preparing for a surge in institutional cryptocurrency adoption, with Ripple expanding its footprint through a partnership with BDACS. “South Korea is gearing up for a wave of institutional crypto adoption,” said M...

Ripple's President: South Korea Preparing for Institutional Crypto Boom - Bitcoin.com News

Ripple's President: South Korea Preparing for Institutional Crypto Boom& & Bitcoin.com News

Bithumb Signs Sponsorship with FC Seoul as South Korean Firm Turns to Ripple Custody

Bithumb has signed a sponsorship deal with FC Seoul for the 2025 season, the cryptocurrency exchange announced today (Friday). The partnership is part of Bithumb’s outreach efforts to offer customers unique experiences.The sponsorship follows a separ...

Ripple Expands In South Korea With Major Partnership

Ripple has announced a strategic partnership with BDACS, a prominent digital asset custody firm in South Korea, on Thursday. The collaboration aims to advance institutional-grade custody services and expand the digital asset ecosystem, particularly f...

BDACS Partners With Ripple to Boost Institutional Crypto Custody in South Korea

BDACS, South Korea’s first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocu...

Crypto crime: Chinese man killed in South Korea during crypto trade

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South Korea Opens Crypto Market to Corporations, But Financial Firms Left Out

South Korea’s financial regulator is making strides in its approach to cryptocurrency by allowing certain organizations and corporations to open bank accounts for crypto transactions, according to latest report. This move, which comes as part of the...

South Korea To Lift Crypto Trading Ban For Institutions