Key Takeaways Police booked Polymarket users months before Korea ordered the platform blocked. They identified individual traders by analyzing public blockchain transaction records. Eighteen of 26 people booked have been referred to prosecutors over suspected […]
Key Takeaways The test moved value from Japan to South Korea without using dollars. Canton processed the exchange and settlement in a test environment. The companies plan further work involving investment and tokenized assets. SBI […]
Progress beyond the initial rollout will depend partly on market adoption and the outcome of pending stablecoin legislation. South Korea’s Financial Services Commission unveiled a phased roadmap on September 4 for converting stocks, bonds […]
South Korean investors appear to be returning to Bitcoin as the Korea Premium turns positive following its longest negative period. Bitcoin rose 25% in August, its strongest monthly gain since November 2024. The asset […]
Key Takeaways Dunamu and Visa signed a stablecoin and AI payments partnership on Aug. 27 in San Francisco. The deal explores Open USD, a stablecoin already backed by Visa, Mastercard and more than 140 companies. […]
The ruling adds to Bithumb’s effort to recover funds after a February error gave hundreds of accounts vastly overstated Bitcoin balances. A bizarre error that mistakenly credited Bithumb customers with roughly 620,000 BTC is […]
Key Takeaways Factblock CEO Andrew Park highlighted South Korea’s shift from retail crypto trading to institutional finance. Policy moves now give 3,500 corporate entities legal account access to trade digital assets in South Korea. The […]
Key Takeaways South Korea’s FSS launched a real-time AI platform on Aug. 20 to detect crypto price manipulation. Industry leaders like XYO’s Markus Levin warned AI enforcement poses accuracy and false-positive risks. The FSS will […]
Polymarket faces another regulatory setback as South Korea orders access blocked. South Korea has decided to block domestic access to Polymarket after authorities determined that its services facilitate activities considered illegal gambling under local […]
South Korea’s Jeonbuk Bank is set to deploy Ripple Payments as businesses seek faster alternatives to traditional cross-border transfer routes. Ripple has partnered with Jeonbuk Bank in South Korea as the latter prepares to […]
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