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Crypto

South Korea's Ruling Party Proposes Groundbreaking Digital Asset Legislation to Foster Innovation

South Korea's ruling party proposes the "Digital Asset Basic Law," aiming to innovate the digital asset sector by classifying assets, allowing ICOs, and establishing new regulatory...

Crypto

Korean Banks Seek Regulatory Approval to Dive into the Virtual Asset and Stablecoin Market

Korean commercial banks are pushing for regulatory approval to enter the virtual asset industry, aiming to issue won-based stablecoins and expand into digital asset management. The...

Crypto

South Korea's President Lee Jae-myung Vows to Transform Nation into a Digital Asset Hub with Spot ETFs

South Korea's President Lee Jae-myung is set to revolutionize the country's digital asset landscape with policies promoting virtual assets, including the introduction of spot ETFs ...

Crypto

South Korea's Q1 Stablecoin Trading Skyrockets to 57 Trillion Won Amid Global Crypto Surge

South Korea's stablecoin trading volume reached 57 trillion won in Q1, with USDT leading the market. The Bank of Korea emphasizes the need for regulated issuance of won-based stabl...

Crypto

Dunamu Shakes Up Leadership: Legal Expert Oh Kyung-seok Steps in as New CEO Amidst Crypto Regulation Challenges

Dunamu, operator of South Korea's largest crypto exchange Upbit, appoints legal expert Oh Kyung-seok as new CEO to navigate regulatory challenges and strengthen internal controls, ...

Crypto

Cryptocurrency Market Surpasses $3 Trillion: A Call for Global Regulatory Frameworks

The global cryptocurrency market capitalization exceeds $3 trillion, highlighting the need for legal frameworks and institutional support to ensure market stability and consumer pr...

Crypto

South Korea's Virtual Asset Market Soars: Investors Near 10 Million, Market Cap Doubles in Just Six Months

South Korea's virtual asset market experienced rapid growth, with won deposits surpassing 10 trillion won and the number of traders nearing 10 million. The market capitalization ne...

Crypto

Trump's Truth Social Unveils Groundbreaking Bitcoin-Ethereum ETF for Digital Asset Investors

Truth Social launches the Truth Social Bitcoin and Ethereum ETF (BT), a pioneering Nevada-based trust that combines Bitcoin and Ethereum investments, sponsored by Yorkville America...