7-Eleven now accepts CBDC in South Korea as part of a national pilot involving major banks and retailers until June 2025.
Browsing: South Korea
Crypto exchanges in South Korea now serve over 16.29M users, surpassing stock market investors and reshaping finance trends.
South Korea faces internal division on crypto adoption as the U.S. accelerates its Bitcoin strategy for future reserves.
Crypto investors in South Korea now exceed 9.6 million, with 25% aged 50 or older showing growing interest and ownership.
South Korea’s FIU targets foreign crypto exchanges operating without registration, considering website blocks and legal action.
South Korea’s Bank of Korea will launch a CBDC pilot in April 2025, involving 100,000 users and major banks to test digital payments.
The Bank of Korea refuses to adopt Bitcoin as a foreign reserve, citing price volatility, while experts push for a won-based stablecoin.
Upbit surpassed Binance, holding twice the XRP reserves and leading with 14.37% of trading volume. XRP search interest in South Korea hits a 5-year high, driven by 30% crypto adoption.…
South Korea has lifted a seven-year ban on institutional crypto investment, allowing stock-listed firms to trade virtual assets. The policy change will roll out gradually, starting in 2025, with regulations…
Next month, Gwacheon, a city in South Korea, will roll out an electronic system aimed at identifying cryptocurrency tax evaders, with plans to extend its use across Gyeonggi Province. The…
South Korean authorities may suspend Upbit for up to six months over alleged KYC and anti-money laundering violations. Investigations into Upbit include monopolistic practices and a 2019 theft of 342,000…
South Korea plans to reintroduce crypto ETFs in 2025, inspired by the global success of Bitcoin and Ethereum ETFs. The Korea Exchange is benchmarking global cases to establish crypto ETFs,…
South Korea’s FSC plans to allow corporate investments in crypto assets, starting with non-profit organizations. The FSC aims to align regulations with global standards by setting listing criteria and enhancing…
Jeju Island plans to launch NFT-based tourism cards in 2025, offering travel benefits and attraction discounts. The NFT tourism cards will integrate with Jeju’s Tamna Jeon stablecoin to enhance visitors’…
XRP dominates South Korea’s crypto market, hitting $800M trading volume on top exchanges, with Bitcoin and Ether trailing far behind. Rising on-chain activity and strong trading metrics hint at a…