Ripple overtakes Ethereum as second-most preferred token in South Korea: report
A recent survey shows that while Bitcoin remains the most preferred crypto among South Korean investors, Ripple has surpassed Ethereum in popularity. Bitcoin (BTC) remains the favorite cryptocurrency among South Korean investors, while XRP (XRP) has surpassed Ethereum (ETH) in popularity, according to a survey conducted by Korean news outlet News1. From Dec. 24 to […]
South Korea’s Jeju Islands to introduce NFT tourism cards with perks
South Korea’s crypto-friendly Jeju Islands plans to use non-fungible tokens to attract Gen Z tourists. According to local media, Maeil Kyungjae, the popular South Korean tourist destination, will introduce NFT-based digital tourism resident cards in the second half of 2025. The cards, powered by an unspecified blockchain, will reportedly offer tourists exclusive benefits such as […]
Two South Koreans arrested for alleged price manipulation on Bithumb
Two South Korean men have been implicated in a case of price manipulation on the crypto exchange Bithumb. The two men allegedly gained nearly $5 million from manipulating the price of the Fusionist token, ACE. According to a Jan. 3 report on local news media Digital Asset, the Seoul Southern District Prosecutors’ Office’s Virtual Asset […]
South Korea plans to explore crypto ETFs and let firms launch security tokens in 2025
Chairman of the South Korea Exchange, Jeong Eun-bo, said the exchange wants to ‘explore’ crypto spot ETF approval in 2025. The country’s FSC also wants to allow companies to launch security token offerings. According to South Korean media outlet The Fact, Jeong spoke at the the Securities and Derivatives Market Opening Ceremony 2025 about wanting […]
South Korean gaming giant Wemade to double down on blockchain-based social communities
South Korean game developer Wemade wants to bridge gaming and blockchain by introducing new decentralized communities in 2025. South Korean gaming giant Wemade apparently has big plans for 2025, focusing on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s chief executive officer Park Kwan-ho called 2025 a potential “turning […]
South Korean court issues arrest warrant for impeached President Yoon
A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators. Source link
South Korea sanctions DPRK hackers behind crypto attacks
South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime’s weapons programs. The South Korean government has announced sanctions on the 313 Bureau, a North Korean cyber unit involved in widespread crypto theft. In a Dec. 26 public statement, the […]
South Korea, US team up to craft new strategies against North Korean crypto heists: report
The U.S. and South Korea have reportedly partnered to develop tools aimed at countering North Korea-linked crypto thefts and tracking billions of dollars in stolen digital assets. The United States and South Korea are said to be working together to create new mechanisms to prevent crypto thefts linked to North Korea, South Korea’s news agency […]
Chief of South Korean Stock Exchange says crypto should be institutionalized quickly
Chairman of the South Korean Stock Exchange, Jeong Eun-bo, believes the nation should act quickly in institutionalizing the crypto market or risk falling behind other countries. In an interview with South Korean media outlet Maeil Kyungjae, Eun-bo argued the crypto market needs to be institutionalized in the same way that traditional finance has in order […]
Martial law causes Bitcoin crash to $65K in South Korea — Here’s why
One analyst said South Korea’s limiting of the market to a few players caused a sudden decrease in liquidity. Source link
