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South Korea
South Korea’s BDACS to Use Ripple Custody for Institutional XRP, RLUSD Holdings
The collaboration aims to bolster Ripple’s ecosystem, enhance RLUSD adoption, and tap into Korean port city Busan’s blockchain-friendly economic zone.
Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea
The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.
South Korea to Start Lifting Ban on Corporations Trading Crypto
The country restricted institutions from trading crypto in 2017.
VIRTUAL Surges 28% as Upbit Listing Exposes the Token to Altcoin Savvy South Koreans
VIRTUAL is the native token of the AI launchpad Virtuals Protocol, a Base-native that recently expanded to Solana.
Upbit, South Korea's Largest Crypto Exchange, May Face Sanctions in the Country: Report
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
Arbitrum Deepens Ties with South Korea's Lotte Group
Lotte’s Caliverse, an AI-driven entertainment experience, is coming to the layer-2 network, allowing web3 users to pay for services with crypto.
XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?
South Korean markets tend to prefer XRP over larger assets such as bitcoin and ether, and a volume bump tends to precede price anomalies on local exchanges.
Bitcoin Flash Crash to $63K on Upbit After South Korea's Martial Law
Bitcoin fell as low as $63,000 on Upbit after martial law was declared in South Korea. According to data from Lookonchain, whales moved large amounts of tether onto the crypto exchange to take advantage of the BTC discount Tuesday. CoinDesk's Christine Lee presents the "Chart of the Day."
Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea
South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.
South Korean Police Arrest 215 in Suspected $232M Crypto Investment Scam Investigation: Yonhap
The scheme promised 20x returns through investing in tokens that in reality had little value.
