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South Korea is emerging as a global leader in technologies like blockchain and artificial intelligence, driven by a cultural openness to innovation and a robust digital infrastructure. Regulatory support plays a crucial role in this landscape, exemplified by the Virtual Asset User Protection Act, which aims to encourage innovation while ensuring user safety. Korea’s Web3 … Read more
With bitcoin reaching an intraday peak of $122,208 on Wednesday, prices in South Korea remain lower than global market rates. Down Over $1,200—Bitcoin Price Diverges as South Korea’s Market On July’s final day, bitcoin’s price in South Korea finally lined up perfectly with the global exchange rate, ending a discount streak that had lingered since … Read more
Institutional digital asset management platform Parataxis Holdings has struck a business combination deal with a publicly listed special purpose acquisition company (SPAC) called Silverbox (NYSE: SBXD) to create a new entity, also named Parataxis. The new firm aims to raise up to $640 million to establish a bitcoin ( BTC) treasury once the deal is … Read more
XRP strengthens its foothold in South Korea as BDACS enables institutional custody and compliant exchange access, accelerating adoption amid rising demand for regulated crypto infrastructure. XRP Lights up Korea’s Crypto Scene as BDACS Bridges Institutions and Regulations Ripple shared on social media platform X on Aug. 5 that digital asset custody firm BDACS has added … Read more
Nine days ago, bitcoin was selling at its steepest discount of the year in South Korea. While the discount hasn’t disappeared, the price gap has been shrinking ever since. Korean Bitcoin Market Seems to Be Recovering From Deepest Discount of the Year Bitcoin (BTC) usually fetches a premium in South Korea, but that trend flipped … Read more
A South Korean financial regulator has issued verbal guidance to domestic asset management companies, advising them to limit the proportion of cryptocurrency-related stocks in their exchange-traded funds. Rising ‘Coin Theme’ Stock Inclusions Spur Caution South Korea’s Financial Supervisory Service (FSS) has reportedly issued verbal guidance to domestic asset management companies, urging them to limit the … Read more
While bitcoin has hovered between $117,502 and $118,781 over the past 24 hours, prices in South Korea are trailing behind the global average. Data reveals that bitcoin has been trading at a discount in the country for 12 consecutive days. Korean Bitcoin Market Enters Discount Mode There’s usually a gap between South Korean prices and … Read more
Korean virtual asset investors show a clear preference for Bitcoin ( BTC) as a primary holding, gradually diversifying into altcoins and stablecoins as they gain experience, according to a new study. Crypto Investors Typically Hold Two Coins A new study from the Hana Financial Research Institute highlights a significant trend among Korean virtual asset investors: … Read more
South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, prioritizing rigorously regulated commercial banks for initial issuance. According to Ryoo Sang-dai, senior deputy … Read more
South Korea’s financial regulator has submitted a roadmap outlining plans to approve spot crypto ETFs and a Korean won-based stablecoin market, signaling a major shift in the nation’s digital asset policies by late 2025. FSC Files Roadmap for Spot Crypto ETFs, Eyes Domestic Stablecoin Market South Korea’s Financial Services Commission (FSC) has taken a key … Read more
