South Korea Refers 18 Polymarket Users to Prosecutors in $12.7 Million Gambling Probe
Police booked 26 individuals after tracing blockchain activity, with cases advancing amid a national access block on the prediction platform
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Latest updates, press releases, and insights from the volatile world of digital assets.
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SBI Group and Kyobo Life Complete Direct Yen-Won Stablecoin Cross-Border Pilot
Japan’s SBI Group and South Korea’s Kyobo Life Insurance finished a proof-of-concept testing direct stablecoin transfers between the Japanese yen and Korean won without routing through the U.S. dollar
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South Korea Requires Reporting of Crypto Accounts on Bankrupt Overseas Exchanges
National Tax Service rules that residents must disclose qualifying overseas digital asset accounts even when platforms fail and access is blocked
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Hanwha Completes Avalanche-Supported Tokenized Securities Platform Ahead of South Korea Rules
South Korean brokerage finishes multi-network system with FairSquare Lab as regulators prepare February 2027 launch of blockchain-based securities
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Bank of Korea Study Links Dollar Stablecoin Demand to Local Currency Weakness
Research shows Binance fiat pairs create channels where rising demand for tokens such as USDT and USDC can depreciate national currencies through market-maker hedging
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South Korea Sets February 2027 Start for Tokenized Stocks, Bonds and Funds
Regulators detail a three-phase plan to move traditional securities onto distributed ledgers, culminating in stablecoin-linked on-chain settlement
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Mirae Asset Targets 150 Trillion Won Digital Asset Business by 2027 via Digital X
South Korean financial group sets ambitious goal for crypto exchange unit, focusing on cryptocurrencies, stablecoins, real-world assets and tokenized securities under its new strategy
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Bithumb Secures Court Wins in Bitcoin Crediting Error Recovery Cases
South Korean exchange Bithumb obtains first-instance victories in two lawsuits seeking return of proceeds from Bitcoin mistakenly credited during a February promotional event
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Shinhan Financial Partners With Visa to Build Stablecoin Payment Infrastructure
South Korea’s Shinhan Financial Group will test stablecoin issuance, transfers and redemption on Visa’s platform while developing AI-powered payment models and card settlement pilots
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Shinhan Asset Management Partners with Solana for KRW Tokenized Fund Pilot
South Korea’s Shinhan Asset Management has signed a four-party agreement with the Solana Foundation, Etherfuse and Orca to test a won-denominated tokenized fund aimed at overseas institutions
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