The central bank of South Korea has allegedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, alerting policymakers that privately issued digital tokens could diminish monetary policy and create new foreign-exchange and financial-stability risks. Recently, a report was submitted to the National Assembly
Lighter, an on-chain perpetual futures exchange, has expanded its offerings by linking major South Korean stocks to its platform, marking an important step in the convergence of traditional finance and decentralized markets. The announcement was shared through X post on February 11, and mentions, “We are excited to be the
Momentum for Bitcoin exchange-traded funds continues to build in South Korea, even as regulatory approval remains out of reach. The country’s main securities and derivatives operator, the Korea Exchange, has signaled that it stands ready to support crypto-linked investment products once regulators give the green light. Speaking at the first
JuChain representatives participated in the Korea National Assembly Digital Asset Policy Exchange Forum held in Seoul on August 21, 2025, joining senior government officials and industry leaders to discuss the institutionalization of digital assets and cross-border financial cooperation. The forum was chaired by Shin Hyun-dong, Chairman of the Democratic Party
Co-CEO of VT and co-CEO of Cube Entertainment, Kang Seung-gon was suspected to be involved in a crypto scam. He was alleged of using Cube Entertainment for inflating a cryptocurrency called “Nestree”. While Kang denied all the accusations, victims are considering taking legal action against him. As per the local
According to several local news reports, a court in Seoul, South Korea, declared virtual asset deposit platform Delio bankrupt on November 22. Delio stopped allowing withdrawals last year because they owed their clients 245 billion won ($1.75 billion). The process of liquidation will be initiated by Delio. The first creditors’
A major legal victory has been achieved by the spouse of Do Kwon, founder of Terraform Labs, against the government of South Korea. She was permitted to keep her substantial real estate assets. That had been frozen as part of the inquiry into the Terra-Luna collapse after a Seoul court
Asia’s most influential blockchain conference, Korea Blockchain Week 2024, is excited to reveal a lineup of high-profile sponsors and featured speakers. Mysten Labs’ cutting-edge Layer-1 blockchain, Sui, has been selected the Official Conference Partner. Orbs, Flare Network, and Ripple are the Gold sponsors, while Aptos Foundation and Tron are the
The seventh edition of Korea Blockchain Week 2024 (KBW2024), which is co-hosted by HASHED and founded and hosted by FACTBLOCK, will take place in Seoul, Korea from September 1–7, 2024. As part of this week-long festival, the primary two-day conference, “KBW2024: IMPACT,” will take place on September 3–4, 2024, at the
Terraform Labs founder, Do Kwon, firmly denied allegations of forging travel documentation and distanced himself from any financial connections with Europe Now party leader, Milojko Spajić, during a Montenegro court hearing. Kwon attributed the alleged passport forgery to a Chinese-named agency. According to a report by South Korean news outlet
