South Korea is reportedly preparing to introduce a regulatory framework for a won-backed stablecoin, with its financial regulator set to introduce a government bill in October.On Monday, South Korean news…
Nations around the world are at differing stages of evaluating or establishing centralized bank digital currencies (CBDCs).In today's Crypto for Advisors newsletter, we look to the East, as Dr Sangmin…
Ethereum breaks new ATH in Japan and Korea, reaching 639,455 yen and surpassing the previous record of 632,954 yen, dating from December 17, 2024.
A similar event took place in South…
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South Korean crypto custodian BDACS has launched institutional custody support for XRP following its February partnership agreement with Ripple. The move provides institutions with regulated access to one of the…
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Trump tariff on Brazil reaches 30.8% according to Goldman Sachs calculations, and also Korea $350 billion investment deal emerges as a strategic response to trade pressures right now. The Goldman…
South Korea’s financial regulators plan to release guidelines on cryptocurrency lending services next month in an effort to tighten oversight and protect investors amid growing concerns over leveraged crypto products.The…
In brief
South Korea’s FSC and FSS summoned officials from five major crypto exchanges after Upbit and Bithumb launched lending products offering up to 4x leverage, enabling short-selling through borrowed funds.
Upbit…
In brief
Select stablecoin ATMs with USDT to cash conversion are now live at tourist and retail sites across South Korea.
Access remains limited to foreign passport holders under regulatory sandbox rules.
The…