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Koreas

Crypto News

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs...
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Crypto News

Bitcoin (BTC) Kimchi Premium Spikes as South Korea’s Political Turmoil Weighs on Won

South Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the plummeting won,...
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Crypto News

South Korea’s Financial Regulator Rules Out National Bitcoin Reserve Plans

South Korea's top financial regulator has dismissed the possibility of establishing a national Bitcoin reserve in the immediate future, marking a cautious stance amid...
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Crypto News

South Korea’s Delio Declared Bankrupt, $1.75 Billion in Debt

Key Takeaways The court set February 21, 2025, as the deadline for creditors to file claims As per court documents, a large portion of Delio’s customer...
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Crypto News

South Korea’s Upbit Under Regulatory Watch Over Market Monopoly Concerns

Key Takeaways As of June 2024, Upbit deposits at K-Bank reached 4 trillion won, accounting for almost 20% of K-Bank’s total deposits The Financial Services Commission...
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