South Korea

South Korea’s Hanwha Advances Tokenized Securities With Avalanche Platform as Regulations Evolve

As South Korea’s capital markets approach blockchain technology, financial institutions continue to prepare themselves by building their own tokenized securities platform. Hanwha Investment & Securities reportedly developed a tokenized securities platform that operates across multiple networks, including Avalanche. According to Seoul Economic Daily, the news was announced on September 6

13 hours ago 2 mins read

South Korea Requires Reporting of Crypto Accounts at Bankrupt Overseas Exchanges

South Korea’s National Tax Service (NTS) has clarified that residents may still have to report cryptocurrency accounts held with overseas exchanges even after those platforms have gone bankrupt and customers can no longer trade or withdraw their assets. The NTS issued the interpretation on August 28 after a South Korean

13 hours ago 2 mins read

South Korea Unveils Plans to Tokenize Stocks, Bonds and Funds

South Korea is moving to expand tokenized securities beyond fractional investment products, with plans to build infrastructure that can eventually support stocks, bonds, funds and other traditional securities. The Financial Services Commission (FSC) announced the policy direction on September 4 following a meeting of its public-private tokenized securities consultative body.

September 4, 2026 2 mins read

South Korea Confirms 22% Crypto Tax on Private Wallets, Foreign Exchanges

South Korea has officially stated that its crypto tax will include taxable income generated by means of individual wallets and foreign exchanges as of January 1, 2027. According to the Ministry of Economy and Finance and NTS it doesn’t matter where the asset is located or how it is stored.

August 20, 2026 2 mins read

Bithumb Targets 2028 IPO as Exchange Begins 2027 Listing Review

The company has pushed back its IPO plans in order to concentrate on compliance and corporate governance. According to the South Korean cryptocurrency trading platform, Bithumb now plans to list its shares in 2028, abandoning its earlier plans for listing within either 2025 or 2026. The change in strategy was

August 3, 2026 2 mins read

Mirae Asset Acquires Korbit, Becomes Largest Shareholder in South Korea Crypto Exchange

South Korea’s financial sector has made yet another important move toward digital assets through a groundbreaking corporate deal this week. Mirae Asset Consulting, an affiliate of Mirae Asset Financial Group, has concluded its acquisition of cryptocurrency exchange Korbit and become the largest shareholder in the company by completing all necessary

July 23, 2026 2 mins read

Upbit Expands DRV Market Access With New Listing Across KRW, BTC, and USDT Trading Pairs

The listing of DRV tokens on the biggest crypto exchange in South Korea is going to provide better market accessibility to the Derive protocol by July 14. Upbit confirmed support for KRW, BTC, and USDT trading pairs. This brings the protocol to one of Asia’s most liquid retail cryptocurrency markets.

July 14, 2026 2 mins read

Upbit Expands Token Listings With Metaplex and Nexus Across BTC and USDT Markets

Upbit, South Korea’s largest cryptocurrency exchange platform, announced the listing of Metaplex (MPLX) and Nexus (NEX). MPLX will be available to trade with BTC and USDT trading pairs on the Solana blockchain platform. NEX will be listed in the USDT market on the Ethereum network. Deposits and withdrawals will start

July 3, 2026 2 mins read

South Korea Targets 40 Unregistered Crypto Operators in Regulatory Crackdown

The Financial Intelligence Unit of South Korea recently referred approximately 40 unregistered virtual asset service providers to the police authority. It reflects Seoul’s increasing attempts to regulate the cryptocurrency firms that operate in South Korea. According to South Korean law, all crypto exchanges are mandated to get the ISMS Certification

June 24, 2026 2 mins read

Toss Bank, Solana Launch Blockchain-Based Cross-Border Payments Trial

The South Korea’s Toss Bank and Solana Foundation have collaborated on a proof-of-concept program that focuses on cross-border remittances. The goal of this proof of concept is to understand if there is an opportunity to use blockchain technology for faster and more efficient cross-border payments. Toss Bank will see whether

June 22, 2026 2 mins read