A new study on South Korea reveals a significant surge in domestic cryptocurrency ownership, with over 9.6 million investors by the end of last year.
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South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities
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Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution
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South Korea to Trial CBDC With 100,000 Users and 7 Banks
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai
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Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade
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South Korea Opens Door to Institutional Crypto Investment
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission
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