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Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push
16.5.2026
Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean banks are moving deeper into digital assets. Kakao Sells $670M Dunamu Stake to Hana Bank Hana Bank has agreed to acquire...
OKX Targets South Korea Entry With Proposed 20% Coinone Investment
16.5.2026
OKX and Korea Investment & Securities are reportedly in talks to acquire stakes in South Korean crypto exchange Coinone. The move could mark a major step in the opening of Korea’s tightly regulated digital asset market to global players. OKX Explores Strategic Coinone Role as South Korea...
OKX, Korea Investment and Securities said to be in talks for 40% of Coinone
15.5.2026
OKX's planned move into the South Korean market would echo that of Binance, which completed its acquisition of Seoul-based Gopax last year
Hana Bank to acquire $670 million stake in Upbit operator Dunamu
15.5.2026
The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities
South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks
11.5.2026
The total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive Capital Migration to Stocks The value of virtual assets held by domestic investors in South Korea has plummeted by more than $41 billion...
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
7.5.2026
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance official reportedly confirmed that the government intends to begin taxing virtual assets...
Seoul Court Rescues Bithumb from Record 6-Month Suspension
3.5.2026
A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks after a similar ruling went against it in the Upbit case. Key Takeaways: Seoul’s court...
Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge
1.5.2026
South Korea's financial watchdog imposed a $24.6 million fine on Bithumb and partial suspension that came into effect last month
Ripple Expands Korea Banking Footprint With Kbank Custody Deal
1.5.2026
Ripple Custody will support Kbank’s digital asset wallet expansion in Korea’s regulated banking sector. The deal gives Korea’s first internet-only bank managed infrastructure for custody, asset control, and cross-border payment capabilities. Key Takeaways: Ripple will provide Kbank with managed...
Shinhan Card Partners Solana Foundation to Pilot Stablecoin Payments
30.4.2026
Shinhan Card has partnered with the Solana Foundation to explore stablecoin payments and hybrid finance models. The initiative reflects growing interest among traditional financial firms in blockchain-based infrastructure. Key Takeaways: Shinhan Card and Solana Foundation to launch a stablecoin...
South Korea’s K bank Taps Ripple for Blockchain-Based Payment Pilot
27.4.2026
South Korea’s K bank has partnered with Ripple to integrate blockchain technology into its overseas remittance services. Key Takeaways: K bank signed a strategic deal with Ripple on April 27 to test blockchain-based remittance technology. Ripple now serves 100+ institutions, signaling a shift...
South Korea's KBank and Ripple are teaming up to fix international money transfers
27.4.2026
KBank is using Palisade, Ripple's software-as-a-service wallet that was acquired earlier this year as part of Ripple's $4 billion in crypto-related investments
South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech
23.4.2026
South Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the ground: the country’s digital money future runs through central bank digital currency ( CBDC) and bank-issued deposit tokens, not private stablecoins. Key Takeaways: Bank...
Bank of Korea’s new governor signals CBDC and bank token push, skips stablecoins in key address
21.4.2026
The BOK will increase scrutiny of crypto markets and non-bank finance, and will also modernize currency markets for 24-hour foreign exchange trading, he said
Bitcoin is less volatile than South Korea's stock market right now
21.4.2026
Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge
South Korea to test blockchain deposit tokens for government spending in Q4
16.4.2026
Token-based payments can be programmed with spending limits and which industries can use them, reducing audits and lowering transaction fees by removing intermediaries
Ripple Marks Significant Step in Korea Through First Collaboration With a Leading Insurance Institution
15.4.2026
Ripple’s first partnership with a major Korean insurer signals a key step toward building institutional-grade digital asset infrastructure. The collaboration with Kyobo Life centers on enabling regulated tokenized government bond transactions through Ripple Custody. Key Takeaways: Ripple secures...
Bank of Korea nominee backs central bank-led digital currency, sees limited role for stablecoins
14.4.2026
The nominee, Shin Huyn-song, supported a central bank digital currency model, emphasizing the need for strict anti-money laundering and compliance controls
Circle, Dunamu Partner on Crypto Education in South Korea
14.4.2026
Circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local crypto market. Key Takeaways: Circle and Dunamu signed a 2026 deal to boost USDC education, strengthening Korea’s crypto...
Bank of Korea Pushes Crypto Circuit Breakers to Prevent Sudden Market Breakdowns
14.4.2026
South Korea is pushing crypto exchanges to adopt circuit breakers and stronger safeguards after internal control failures exposed vulnerabilities that can trigger sharp market disruptions. The Bank of Korea (BOK) warned current systems fall short of traditional financial standards. Key Takeaways:...