South Korea has unveiled plans for a new law that will bring cryptocurrencies and other digital assets into the country’s state asset management framework, expanding rules that have remained largely unchanged for more than seven decades. South Korea’s Ministry of…

South Korea has reaffirmed plans to expand its blockchain and digital asset sector in the second half of 2026, pairing new blockchain initiatives with legislation for stablecoins, tokenized government bonds, and spot crypto ETFs. South Korea’s Ministry of Economy and…

Circle is looking to expand its South Korea outreach by organising an invitation-only industry event in Seoul later this month as it pursues new partnerships with banks, crypto exchanges and payments firms. According to industry officials cited by The Korea…

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. According to blockchain media outlet NexBlock, Gyeonggi Province, the country’s most populous province, will begin testing a…

Dunamu, the operator of South Korean cryptocurrency exchange Upbit, has been selected as the preferred bidder for the Korean National Police Agency’s one-year seized digital asset custody contract. Procurement records published by South Korea’s Public Procurement Service showed that Dunamu…

South Korean financial super-app Toss has signed a strategic agreement with Optimism and Sunnyside Labs to test blockchain infrastructure for South Korean won-linked stablecoins through a three-month technology verification program. According to a press release shared with crypto.news, the financial…

Naver Financial has postponed the completion of its all-stock share swap with Dunamu for a second time, extending the closing date to Dec. 31 as regulatory approvals remain pending. According to a regulatory filing disclosed by Dunamu, the planned comprehensive…

South Korea has given Polymarket an opportunity to defend its operations before regulators decide whether to seek corrective action over concerns that the prediction market platform may violate the country’s gambling laws. The Broadcasting, Media and Communications Review Committee said…

South Korea has delayed any enforcement decision against Polymarket after giving the prediction market platform a chance to respond to concerns that its service may violate the country’s gambling laws. According to the Broadcasting, Media and Communications Review Committee, it…

South Korea’s largest telecommunications company KT has announced plans to invest 18 trillion won ($13.2 billion) over the next three years, including 6 trillion won for AI infrastructure and 12 trillion won for networks, IT, and cybersecurity, while expanding into…

South Korean blockchain consortium has completed a proof of concept showing a blockchain-based digital local currency processing payments and settlements in under one second with a reported 100% transaction success rate. According to South Korean news outlet Newsis, the K-STAR…

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1…

South Korean crypto exchange Upbit has rejected claims that it is participating in the issuance of Open USD after being listed among more than 140 organizations associated with the proposed stablecoin. According to a statement issued by Upbit, the exchange…

Several major South Korean companies have said they were listed as members of the Open USD (OUSD) stablecoin alliance despite not formally agreeing to participate. According to a report by Chosun Biz, several Korean companies named as participants in the…