Lee Eok-won, the nominee for chairman of South Korea’s Financial Services Commission (FSC), has made harshly critical remarks about cryptocurrency.According to a Monday report by local news outlet News1, Lee…
In brief
Executives from stablecoin issuers Circle and Tether are set to meet with top figures in some of South Korea's biggest financial groups this week, according to reports in local…
Tax officials in Jeju City, the capital of the South Korean island province of Jeju, have reportedly started the process of freezing and seizing the crypto of those it believes…
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KakaoBank is preparing to enter South Korea’s fast-growing stablecoin sector, according to local reports.In its first-half earnings call on Tuesday, KakaoBank CFO Kwon Tae-hoon said the firm is “actively considering”…
The banking arm of South Korean IT giant Kakao Corporation is reportedly ramping up plans to offer stablecoin services amid a regulatory shift in the country after the election of…
In brief
South Korea’s ruling and opposition parties introduced competing stablecoin bills, diverging on whether to ban interest payments.
Both proposals grant emergency powers to financial regulators and require full reserve backing…
Greek authorities have carried out the country’s first cryptocurrency seizure, blocking access to funds lifted from February’s record $1.5 billion Bybit hack linked to North Korea’s Lazarus Group.The Hellenic Anti‑Money Laundering…
In brief
Individuals Decrypt spoke to said they had seen tactics by North Korean IT workers to get hired by foreign companies change over the past few months.
They believe the country…
Parataxis Holdings LLC has entered into a definitive agreement to acquire a controlling interest in South Korean biotech company Bridge Biotherapeutics, Inc. (KOSDAQ: 288330) for KRW 25 billion ($18.3 million),…