South Korea

Korean banks research stablecoin, CBDC alternative

Hana Bank plans to research certificates of deposit tokens, while… More…

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Terraform Labs appoints new CEO from existing team: Report

Chris Amani, a Terra employee since 2021, has reportedly been serving… More…

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South Korean central bank charts out future course of payment systems, CBDC

The BOK 2022 Payment and Settlement Systems Report is a forward-looking… More…

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Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera

Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded… More…

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South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners

The bank used the Hedera network to settle payments in South Korean,… More…

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Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17

Ripple Labs scored a partial victory in its lengthy legal battle with… More…

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Upbit releases translated version of EU’s MiCA: will South Korea follow suit?

South Korea’s largest cryptocurrency exchange, Upbit, has… More…

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South Korea sets rules for clear accounting in crypto

The South Korea Financial Services Commission reviewed and approved… More…

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South Korea implements new accounting rules for cryptocurrency sector

South Korea’s Financial Services Commission (FSC) has unveiled… More…

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South Korea to ask firms to disclose crypto holdings from 2024

After initially mandating public officials to declare their crypto,… More…

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