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South Korea to Pilot Blockchain Deposit Tokens for State Spending
The South Korean government has announced a strategic shift toward digital finance by launching a pilot project to replace traditional credit card-based department expenditures with blockchain-based deposit tokens. This…
South Korean Lawmakers to Launch Digital Asset Basic Law Talks
The Democratic Party of Korea has announced a definitive timeline for the formal legislative discussion regarding the Basic Law for Digital Assets. Lee Jung-moon, chairman of the party's special working group on digital…
South Korea to Include Crypto Assets in Basic Pension Eligibility Reviews
The South Korean Board of Audit and Inspection (BAI) has officially recommended the inclusion of cryptocurrency holdings in the calculation of property for basic pension eligibility. According to the "Report on the Inve…
BOK Nominee Shin Hyun-song Outlines Vision for CBDC and Deposit Tokens
Shin Hyun-song, the nominee for the governorship of the Bank of Korea (BOK), has articulated a strategic vision for the nation's digital financial future, positioning Central Bank Digital Currencies (CBDCs) and bank-iss…
South Korea Eyes Principal Confiscation for Crypto Insider Trading
Financial regulators in South Korea are exploring more stringent legislative measures to curb illicit activities within the digital asset market. According to recent reports from local media, the authorities are discuss…
South Korea Proposes New Regulatory Framework for RWAs and Stablecoins
The South Korean ruling party's Digital Asset Special Task Force has introduced a consolidated bill aimed at establishing a rigorous legal framework for tokenized real-world assets (RWAs) and stablecoins. This legislati…
South Korea Tightens Crypto Rules After Bithumb Asset Error
The South Korean Financial Services Commission (FSC) has announced a significant tightening of oversight for domestic cryptocurrency exchanges following a major operational failure at Bithumb. The regulator is now manda…
South Korea’s FSS Orders Corrections in Dunamu-Naver Share Swap
The South Korean Financial Supervisory Service (FSS) has intervened in the corporate proceedings of Dunamu, the operator of the nation’s largest cryptocurrency exchange, Upbit. On April 3, 2026, reports confirmed that r…
South Korea Proposes Independent Virtual Asset Market Regulator
A significant legislative shift is underway in South Korea as lawmakers seek to overhaul the oversight of the digital finance sector. Kim Nam-geun, a representative of the Democratic Party, has formally proposed an amen…
Upbit Operator Dunamu Reports 27.9% Net Profit Drop for 2025 Fiscal Year
Dunamu, the financial technology firm behind Upbit, South Korea’s second-largest cryptocurrency exchange, has released its financial results for the 2025 fiscal year. The report reveals a significant contraction in prof…