Global #South Korea

South Korean crypto custodian BDACS has launched regulated institutional custody for XRP, fulfilling a key part of its partnership with Ripple.

South Korean financial regulators are scrutinizing new crypto lending and margin trading services offered by the nation's two largest exchanges, Upbit and Bithumb.

South Korea is solidifying its position as a leading global crypto hub by proactively developing a comprehensive and robust regulatory framework for digital assets.

Shinhan Bank, South Korea's second-largest commercial bank, has taken a significant leap towards mainstream cryptocurrency adoption by integrating crypto services into its popular SOL mobile application.

The National Tax Service (NTS) of South Korea has officially announced that its residents are now required to declare virtual assets received as compensation from overseas entities as part of their comprehensive income.

A new survey reveals that more than half of South Koreans aged 20 to 59 have engaged in cryptocurrency trading, with one in four currently holding digital assets.