Naver's Strategic Move: Acquiring Upbit and Venturing into Stablecoins
Naver, a powerhouse in the South Korean digital landscape often referred to as the “Google of South Korea,” is making headlines with…
South Korea's Strategic Shift: From Tesla to Cryptocurrency
In a significant move that has captured the attention of global investors, South Korean investors have recently divested approximately $657 million from Tesla…
South Korea's Bold Investment Shift: A Closer Look
In a striking turn of events, South Korean investors recently made headlines by pulling a staggering $657 million out of Tesla, redirecting those…
South Korea's New Initiative: Recognizing Crypto Firms as Venture Companies
In a significant move for the cryptocurrency sector, South Korea has announced that it will officially recognize crypto firms as venture…
South Korean Banks Prepare for Stablecoin Revolution with Tether and Circle
As the world of cryptocurrency continues to evolve, South Korea stands at the forefront of innovation, particularly in the realm…
South Korea's FSC Halts Crypto Lending Services: What You Need to Know
The South Korean Financial Services Commission (FSC) has recently made headlines by ordering local cryptocurrency exchanges to temporarily suspend…
Kakaopay Shares Nosedive as Regulators Target Stablecoins
South Korean fintech giant Kakaopay saw its shares plummet by 17% on June 27 following renewed warnings from regulators about the risks…