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South Korea’s Ministry of SMEs and Startups announced Wednesday that it plans to lift restrictions preventing crypto-related businesses from qualifying as venture companies. Currently, firms operating in the “virtual…
Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets. According to Google Finance data, at least three South Korean banks that…
US President Donald Trump has announced 25% tariffs on Japan and South Korea, two of America’s key trading partners. This decision was communicated through letters posted on Truth Social, addressed…
South Korean cryptocurrency exchange Upbit is working with payments company Naver Pay to promote a won (KRW) stablecoin initiative, KBS reported, citing an unidentified official from Dunamu, Upbit's parent company.The…
Reason to trust
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South Korea CBDC pause represents a major shift as the Bank of Korea suspends its digital currency pilot to focus on won-backed stablecoin launch. This CBDC pilot suspension comes amid…
Leaders Roundtable: Trading Industry in Motion | FMAS:25
Leaders Roundtable: Trading Industry in Motion | FMAS:25
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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Eight major South Korean banks will team up to launch a stablecoin pegged to the country’s won currency, marking a significant step toward digital asset adoption. According to an Econovill report,…