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Crypto News

South Korea might legalise stablecoins soon with new crypto bill

Key Takeaways Any issuer of stablecoins must secure regulatory approval and maintain a minimum of 500 million Korean won (approximately $368,000) in proprietary capital. The stablecoin...
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Crypto News

South Korea’s Ruling Party Unveils Policy Allowing Companies to Issue Stablecoins: Bloomberg

South Korean President Lee Jae-myung's Democratic Party submitted a bill to parliament that would allow qualifying companies to issue stablecoins, Bloomberg reported on Tuesday.The...
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Crypto News

South Korea might legalise stablecoins soon with new crypto bill

Key Takeaways Any issuer of stablecoins must secure regulatory approval and maintain a minimum of 500 million Korean won (approximately $368,000) in proprietary capital. The stablecoin...
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Crypto News

South Korea Elects Crypto-Friendly President

South Korea has ushered in a new era with the election of President Lee Jae-myung. Jae-myung’s journey from child laborer to the nation's highest...
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Crypto News

South Korea Elects Crypto-Friendly Lee Jae-myung as New President

Crypto-friendly Lee Jae-myung was elected as South Korea's new president on Wednesday, defeating the incumbent Conservative Party's leader Kim Moon-soo.During the election Lee made...
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Crypto News

Best Crypto to Buy Now With South Korea’s Next President Set to Boost the Industry

If you’re searching for the best crypto to buy now, South Korea’s upcoming presidential election on June 3 could be a game-changer. Both leading...
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Crypto News

Crypto Theft Gone Awry in South Korea: One Russian Held, Two Flee Abroad

Key Takeaways Interrogations are underway, and authorities say they plan to request a pretrial detention warrant. South Korean police have detained a man in his twenties...
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Crypto News

South Korea’s Financial Services Commission to Let Non-Profits and Exchanges Sell Crypto Starting June

South Korea’s financial watchdog said non-profit organizations and virtual asset exchanges will be able to sell their crypto holdings starting in June under new...
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