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South Korea to Trial CBDC With 100,000 Users and 7 Banks
19.3.2025
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s...
Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns
18.3.2025
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank...
South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report
17.3.2025
The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy
Bank of Korea to take ‘cautious approach’ to Bitcoin reserve
17.3.2025
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high...
South Korea: Not Considering Including Bitcoin in Foreign Exchange Reserves
17.3.2025
Amid the growing advocation of Bitcoin reserves, the Bank of South Korea has clearly stated that it “has…
South Korea Opens Door to Institutional Crypto Investment
13.3.2025
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop...
South Korea to Accelerate Drafting of Second Phase of Cryptocurrency Bill
7.3.2025
Kim Byung-hwan, Chairman of South Korea’s Financial Services Commission (FSC), announced that the government would accelerate the drafting…
South Korea’s Bitcoin ETF Decision-Making Enters a Critical Point
6.3.2025
South Korea is on the verge of making a huge decision regarding Bitcoin ETFs. The country’s Financial Supervisory…
South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
5.3.2025
South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets
South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
5.3.2025
South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets
South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
5.3.2025
South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets
South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
5.3.2025
South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets
South Korea inches closer to Bitcoin ETF decision, looks to Japan as example
5.3.2025
South Korea’s financial regulator has reportedly examined the Japanese Financial Services Agency’s legislative trend toward digital assets
Bitcoin’s Korean Curveball: A Significant BTC Price Premium Persists Since Late 2024
2.3.2025
As the sun rises on Sunday, March 2, 2025, bitcoin lingered beneath the $90,000 threshold at $85,803 globally, yet South Korea’s markets defied the trend, with BTC commanding a 2.18% premium to reach $87,673—a resilient divergence in an otherwise tempestuous climate. Three Months,...
Ripple’s President: South Korea Preparing for Institutional Crypto Boom
2.3.2025
South Korea is preparing for a surge in institutional cryptocurrency adoption, with Ripple expanding its footprint through a partnership with BDACS. “South Korea is gearing up for a wave of institutional crypto adoption,” said Monica Long, Ripple’s president, emphasizing...
BDACS Partners With Ripple to Boost Institutional Crypto Custody in South Korea
27.2.2025
BDACS, South Korea’s first regulated custodian for institutional digital assets, unveiled a strategic alliance with blockchain firm Ripple on Feb. 26, 2025, designed to broaden safeguarded custody offerings for XRP, RLUSD, and related cryptocurrencies. Ripple, BDACS Forge Strategic Alliance...
South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings
27.2.2025
The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone
Murder in Korea: Chinese National Killed While Trading Cryptocurrency
27.2.2025
A Chinese national was murdered in a luxury hotel in Jeju City, South Korea, while trading cryptocurrency. Four individuals have been arrested in connection with the murder case. The killer also stole nearly $59,000 from the victim. Chinese National Murdered While Trading Cryptocurrency in Korea...
Ripple partners with BDACS for XRP, RLUSD custody in South Korea
27.2.2025
Ripple Labs and South Korean custodian BDACS partner to offer institutional-grade custody for XRP, RLUSD and other crypto assets
Ripple partners with BDACS for XRP, RLUSD custody in South Korea
27.2.2025
Ripple Labs and South Korean custodian BDACS partner to offer institutional-grade custody for XRP, RLUSD and other crypto assets