South Korea proposes new regulations for crypto assets
New crypto asset regulations in South Korea address NFTs, interest on deposits, and cold wallet requirements.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Crypto firms are struggling in South Korea
South Korean crypto exchanges Upbit and Bithumb have seen revenues plummet in the first half of the year amid a wider downturn for...
Fake World Assets Opens Its Gacha Pool to New NFT Collections
TokenWorks will let artists launch new NFT collections directly into Fake World Assets' randomized pool through a mechanism called...
South Korea blocks Polymarket, citing illegal crypto gambling
South Korea's ban on Polymarket highlights increasing global scrutiny on crypto platforms, potentially stifling innovation in pred...
Centrifuge reports 300% growth in tokenized assets to nearly $4B
Centrifuge's growth highlights tokenization's potential to bridge traditional finance and DeFi, offering stability amid crypto vol...
Ripple Lands 3rd Korea Deal, Jeonbuk Bank Brings 24/7 Crypto Payments to Firms
Key Takeaways: Jeonbuk Bank is the first regional bank in Korea to use Ripple Payments. The service allows cross-border settlement...
Kbank, not Jeonbuk Bank, is leading South Korea’s Ripple Payments push
Kbank's Ripple partnership could accelerate blockchain adoption in South Korea's banking sector, challenging traditional payment s...