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South Korea
South Korea’s National Pension Service Eyes Blockchain for $890B Fund's Transactions
The NPS plans to invite blockchain experts and companies to participate in a preliminary disclosure process before starting a research study.

Filecoin's FIL Spikes 30% as South Korean Exchange Upbit Lists the Token
Trading went live at 07:30 UTC.

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial
Customers at 7-Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency with a 10% discount to incentivize adoption.

South Korea Plans Sanctions Against KuCoin, Others: Report
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions

Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report
Investigation centers on claims that Bithumb helped a former CEO finance an apartment

The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison
The CEO of South Korea’s Haru Invest was stabbed in court during his fraud trial in August 2024.

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.
