Couples in South Korea can now opt to cash out or split their crypto during divorce proceedings

South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. The committee will

South Korea’s financial watchdog is reportedly set to review the approval of spot crypto ETFs and the legalization of corporate crypto accounts through a newly formed committee. South Korea, which has been cautious in its approach to crypto regulatio

South Korea’s Financial Services Commission plans to investigate Upbit over concerns about its market dominance and its close ties with K Bank. A local media report cited FSC chairman Kim Byoung-hwan, stating that the country’s top financial regulato

South Korean law now allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets.

South Korea’s government has outlined plans to impose foreign exchange regulations on cross-border stablecoin transactions, addressing the rising use of these digital currencies in international trade, local media reported on Oct. 8. The move comes i

South Korea’s Financial Services Commission plans to consult with other jurisdictions, such as Japan and the European Union, on stablecoin rules.

The South Korean state pension fund has claimed it has no plans to invest in cryptoassets for the time being, despite its recent purchases of crypto-related shares.

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Ko

South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. 25

The post South Korean Police Bust Crypto-Fueled Drug Operation, Seizing $465,000 in Narcotics appeared first on Coinpedia Fintech News South Korean police have arrested seven individuals involved in a crypto-fueled drug dealing operation in a major b

South Korean lawmakers claim their crypto wallets contain little more than “crypto dust,” as they continue to distance themselves from token ownership.

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value

The post Ripple News : XRP Payments Now Live in South Korea appeared first on Coinpedia Fintech News The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP in

The Korea Premium Index drives price surges in South Korea's crypto market, where institutional trading plays a pivotal role.

While the global market grappled with uncertainty, South and Southeastern Asia economies – particularly India, Indonesia and Malaysia – have emerged as unexpected investment hotspots. With strong GDP (gross domestic product) growth, favorable inflati

The post How South Korea’s New Crypto Regulations Could Change the Game appeared first on Coinpedia Fintech News The South Korean Financial Supervisory Service (FSS) has decided to increase the number of inspections of cryptocurrency exchanges in a b

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance

China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance o

The messaging platform has drawn the ire of yet another regulatory body.