South Korea


Policy

South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law

Further review and consideration regarding crypto ETFs is planned, the regulator says.

(Daniel Bernard/ Unsplash)

Policy

South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards

The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges."

(Daniel Bernard/ Unsplash)

Policy

South Korea to Make Officials' Crypto Disclosures Public

Public officials will be provided an asset disclosure service starting next year to report crypto and other holdings, South Korea's Ethics Policy Division said.

(Daniel Bernard/ Unsplash)

Policy

South Korea's Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report

The two aim to strengthen cooperation on crypto regulations before South Korea's new crypto laws go into effect next year.

(Shutterstock)

Policy

South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users

The rules are scheduled to take affect on July 19 next year.

(Daniel Bernard/ Unsplash)

Videos

Role of the South Korean Crypto Market in Bitcoin's Latest Rally

CoinDesk's executive director of global content Emily Parker takes a closer look into the daily crypto trading volume on South Korean exchanges and what it means for bitcoin's (BTC) latest rally, as the largest cryptocurrency by market cap has climbed nearly 25% in the past month. Plus, the significance of BLUR trading in the Korean market.

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Policy

South Korea to Pilot CBDC With 100K Citizens in 2024

The Bank of Korea sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as during the COVID-19 pandemic or childcare vouchers

A scattering of 50,000 South Korean-won notes

Videos

BlackRock Files Ether ETF Prospectus; Vivek Ramaswamy Proposes New Crypto Rules

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including BlackRock filing an S-1 form with the SEC for its iShares Ethereum Trust, a spot ether ETF. Republican presidential candidate Vivek Ramaswamy discusses his new crypto policy framework with CoinDesk South Korean pension fund National Pension Service (NPS) bought nearly $20 million worth of Coinbase (COIN) shares. And, Dogecoin heads to the moon.

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Finance

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

(Daniel Bernard/ Unsplash)

Finance

Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report

Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.

Bithumb (Shutterstock)