News South Korea Cryptocurrencies: South Korea’s Hanwha Is Building a Tokenization Platform on Avalanche – and It Is Not Alone
The headline figure is eye-catching: South Korea’s Hanwha Investment & Securities, part of a conglomerate with roughly $200 billion in total assets, is building a tokenization platform on the Avalanche blockchain. But the number obscures the more important development. Hanwha is not building in isolation. It is one node in a coordinated institutional infrastructure build […]
News South Korea Cryptocurrencies: Tokenized iShares MSCI South Korea ETF Arrives on StonkFun for Solana Coin Launches
StonkFun now supports coin launches paired with $EWY, the tokenized iShares MSCI South Korea ETF. Overall, the integration bridges the gap between South Korea’s equity market and Solana’s on-chain ...
News South Korea Cryptocurrencies: South Korea Advances Framework to Integrate Cryptocurrencies into State-Owned Asset Management
South Korea is taking significant steps to modernize its approach to public asset oversight by incorporating emerging digital assets. The Ministry of Economy and Finance is preparing draft legislation ...
News South Korea Cryptocurrencies: Market cap of virtual assets in S. Korea crashes 33 pct in H1
The value of South Korea's virtual asset market sank 33 percent in the first half of the year, largely on falling prices of key cryptocurrencies, data showed Thursday. The market capitalization of the ...
News South Korea Cryptocurrencies: Govt bars use of cryptocurrencies as method of payment
The government will bar the use of cryptocurrencies as a means of payment for goods and services, saying the wider use of digital assets threatens the nation’s financial system and economy.
News South Korea Cryptocurrencies: South Korea Embraces Cryptocurrency While Testing its own CBDC
South Korea is known for its technological advances in various fields. With the introduction of cryptocurrencies, the country has begun to actively explore the potential of this industry.
News South Korea Cryptocurrencies: South Korean banks seek green light on crypto
The Korea Federation of Banks (KFB) may request South Korea’s incoming presidential administration to approve local banks servicing cryptocurrencies, according to a leaked draft report. See related article: South Korea’s largest financial group mulls crypto ETFs Fast facts KFB, the largest body representing domestic lenders, wrote in its report that banks should be permitted to […]
News South Korea Cryptocurrencies: S. Korea expects to see Friday's caseload surpass 4,000; new social distancing guidelines to ...
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News South Korea Cryptocurrencies: North Korea made away with a record $400M of crypto in 2021: Report
With adoption growth, 2021 was the most successful year for crypto hackers in North Koreas as they stole $400M in cryptocurrencies.
News South Korea Cryptocurrencies: South Korea presidential candidates cater to crypto voters
The Democratic Party of Korea’s Lee Jae-myung and main opposition Yoon Suk-yeol of the People Power Party view the support of crypto voters as critical in the country’s presidential race.
