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South Korea delays digital asset law as stablecoin oversight divides regulators
South Korea delays its Digital Asset Basic Law to 2026 amid disputes over stablecoin oversight authority. Lawmakers pause crypto legislation as regulators clash on who should control stablecoin reserves and enforcement. дальше »
2025-12-30 13:08 | |
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South Korea’s Kimchi coins surge 140% as won stablecoin hype fuels retail frenzy
A cluster of little-known South Korean altcoins, widely known as “Kimchi Coins”, has seen a dramatic resurgence in trading activity and price gains amid speculation surrounding a government-backed stablecoin linked to the Korean won. дальше »
2025-6-16 14:47 | |
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All about South Korean President Lee's new plans for stablecoin regulations
South Korea wants to take the mantle of crypto leadership via broad stablecoin and Bitcoin plans United States and South Korea are pursuing distinct stablecoin regulations with different scopesThe post All about South Korean President Lee's new plans for stablecoin regulations appeared first on AMBCrypto. дальше »
2025-6-11 09:00 | |
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South Korean MP Introduces Stablecoin Licensing In New Crypto Bill
A South Korean lawmaker has introduced a new stablecoin bill, which aims to improve the crypto landscape in the region. The post South Korean MP Introduces Stablecoin Licensing In New Crypto Bill appeared first on Coinspeaker. дальше »
2025-6-10 13:35 | |
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South Korea’s Democratic Party advances Digital Asset Basic Act to regulate crypto
South Korea’s Democratic Party has formally proposed the Digital Asset Basic Act, introducing a stablecoin licensing regime and expanded oversight under President Lee Jae-myung’s administration. During a June 10 press conference, lawmaker Min Byeong-deok announced the bill’s submission, calling it… дальше »
2025-6-10 10:48 | |
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South Korean Democrats want to accelerate KRW stablecoin rollout
The largest South Korean political party wants the Korean to fast-track KRW stablecoins, taking a page from the Trump Administration’s recent moves to establish a stablecoin bill. According to a report from local media Edaily, lawmakers from the South Korean… дальше »
2025-5-26 11:18 | |
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South Korea eyes Won-backed stablecoin to curb capital flight - Details
South Korean candidates are pushing to legalize spot crypto ETFs Proposed Digital Asset Basic Act aims to create a clear legal framework for crypto As South Korea gears up for its 2025 presiThe post South Korea eyes Won-backed stablecoin to curb capital flight - Details appeared first on AMBCrypto. дальше »
2025-5-21 09:00 | |
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Bank of Korea urges authority over won-based stablecoin issuance: report
South Korea’s central bank said it should have legal authority over the approval of won-based stablecoins, warning they could disrupt monetary policy if treated like legal tender. The Bank of Korea, South Korea‘s central bank, said monetary authorities must be… дальше »
2025-5-13 14:48 | |
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Tether acquires 70% stake in South America’s Adecoagro in major real-world asset move
Tether (USDT) has acquired a 70% stake in South American renewable energy and sustainable agriculture firm Adecoagro. The stablecoin giant confirmed the acquisition today, 30 April, representing a massive leap in its long-term strategy to diversify into real-world infrastructure, covering agriculture, communications, energy, and data. дальше »
2025-5-1 20:06 | |
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Hashed pushes for regulatory framework to support KRW stablecoin growth
Stablecoins should be treated as both payment tools and investment assets, requiring a comprehensive regulatory framework, a new research suggests. A stablecoin tied to the Korean won could give South Korea a stronger footing in the global stablecoin race, according… дальше »
2025-3-24 10:15 | |
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Korea’s Supreme Court rules failed TerraUSD and LUNA not financial investment products: report
South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products. Korea‘s Supreme Court has ruled that the collapsed stablecoin TerraUSD (USTC) and its sister token Terra… дальше »
2025-2-19 10:36 | |
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South Korea arrests six Chinese suspects over alleged $690k Tether heist: report
Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won… дальше »
2025-1-20 10:41 | |
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Here’s why stablecoin withdraws to self-custody wallet may ban in Brazil
Banco Central do Brazil (BCB), the largest central bank in South America, has proposed legislation to ban stablecoin withdrawals to self-custody wallets. According to the Federal Government of Brazil’s document on Dec. дальше »
2024-12-3 03:38 | |
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South Korea’s largest wireless carrier SK Telecom adds support for USDT stablecoin on Aptos
Aptos Foundation has teamed up with SK Telecom to bring Tether’s USDT stablecoin to T wallet. Aptos Foundation is set to integrate Tether’s (USDT) stablecoin into SK Telecom’s web3 product called “T wallet” in a bid to expand access to… дальше »
2024-11-1 10:15 | |
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South Korea’s Cryptocurrency Market Sees Rapid Growth With Surge In Trading And Stablecoin Use
In the first half of 2024, the number of cryptocurrency investors in South Korea soared to 7.78 million, marking a 21% increase from the latter half of 2023, according to an official report. The average daily trading volume also saw a dramatic rise, jumping from $2.61 billion to an impressive […] дальше »
2024-11-1 02:17 | |
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Bolivia’s Crypto Journey Gets A Lift As Country’s 4th Largest Bank Launches USDT Custody
A South American nation is traversing the path toward becoming a champion in cryptocurrency in the region. Related Reading: Memecoins Thrived Under SEC’s ‘Oppressive Regime,’ Crypto Analyst Says Bolivians now have the opportunity to invest in digital currency as one of the country’s leading financial institutions introduced a custody service dedicated to Tether’s stablecoin, USDT. […] дальше »
2024-10-30 10:30 | |
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South Korea to impose forex regulations on stablecoin transactions
South Korea’s government has outlined plans to impose foreign exchange regulations on cross-border stablecoin transactions, addressing the rising use of these digital currencies in international trade, local media reported on Oct. дальше »
2024-10-8 19:47 | |
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Hyperinflation Warning: US Bizman, Author Tells Businesses To Stack Bitcoin
Robert Kiyosaki, the author of the bestselling personal finance book “Rich Dad, Poor Dad,” has fired another financial warning shot, this time targeting the US dollar and a potential challenger – a gold-backed stablecoin from the BRICS nations (Brazil, Russia, India, China, and South Africa). дальше »
2024-5-14 22:00 | |
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BRICS considering a stablecoin launch for international trade settlement
BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while. дальше »
2024-4-24 21:48 | |
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Terraform Labs In The Hot Seat: Trial Begins As Do Kwon’s Final Extradition Decision Looms
Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022. Meanwhile, Terra co-founder Do Kwon remains in Montenegro awaiting the decision on whether he will be extradited to the United States or South Korea to face criminal charges. Terraform […] дальше »
2024-3-26 21:00 | |
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Do Kwon set for extradition to South Korea after Montenegro court rejects appeal
The Montenegro Appellate Court rejected Do Kwon’s appeal on impending extradition to South Korea. Kwon was arrested last year following the collapse of Terra Luna and its stablecoin UST in 2022. дальше »
2024-3-21 22:57 | |
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South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets. дальше »
2024-2-24 13:37 | |
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Cardano heads further south amid stablecoin launch. What holds for the token next?
The first stablecoin on Cardano (ADA/USD) has been launched. The USD-based stablecoin, iUSD, was launched by the decentralised synthetic asset issuance protocol, Indigo. The launch of iUSD comes two months after Cardano’s hard fork that allowed the building of dApps on the blockchain. дальше »
2022-11-23 20:27 | |
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First Mover Americas: Bitcoin Turns South Toward $20K, Huobi Cuts Ties With the HUSD Stablecoin
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 28, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »
2022-10-30 15:29 | |
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A stablecoin that is not stable is an “oxymoron,” says Wemade’s Henry Chang
Henry Chang believes that stablecoins must have a 100% reserve to ensure that user funds are protected. Henry Chang, chief executive officer of South Korea-based blockchain game developer Wemade Co. дальше »
2022-10-27 10:22 | |
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Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP
Financial Services Giant Old Mutual Wealth is appointed to control the reserved notes that back ZARP, the crypto stablecoin pinned to the worth of the South African Rand. The post Old Mutual Wealth to Handle Cash Reserves of Rand-Backed Stablecoin ZARP appeared first on BeInCrypto. дальше »
2022-9-16 21:00 | |
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Old Mutual Wealth appointed to manage cash reserves of rand-backed stablecoin ZARP
ZARP appointed South African financial services group Old Mutual Wealth to manage the cash reserves of its stablecoin, which is pegged to the price of the South African rand(ZAR), in hopes of enhancing trust. дальше »
2022-9-16 16:15 | |
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Is South Korea getting ready to arrest Do Kwon- Decoding details
Due to the South Korean government's request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra's stablecoin USThe post Is South Korea getting ready to arrest Do Kwon- Decoding details appeared first on AMBCrypto. дальше »
2022-9-14 18:30 | |
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South African-based Xago launches XEU stablecoin for EUR, joining XUS, XGB, USDC, XZR and XRP
Xago, a South Africa-based blockchain payment platform, announced today support for EUR with the launch of its latest stablecoin – XEU – backed 100% with fiat. XEU enables purchases, transfers, and payouts in euros, securely, compliantly, and within minutes. дальше »
2022-7-21 21:16 | |
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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)
The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility. дальше »
2022-6-23 08:10 | |
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Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer
The popular decentralized stablecoin lost its dollar peg and fell to pennies in May. A South Korean blockchain analysis firm suggests the death spiral was sparked by transactions from a wallet linked to the lead Terra developer – though any motivation or rationale remains a mystery. дальше »
2022-6-17 19:05 | |
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Terra (LUNA) Staff Under Scrutiny, South Korea Launches Full Scale Investigation
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses. дальше »
2022-5-31 21:00 | |
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Korea Turns Against Luna Head as Police Request LFG Fund Freeze
South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The post Korea Turns Against Luna Head as Police Request LFG Fund Freeze appeared first on BeInCrypto. дальше »
2022-5-24 08:30 | |
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South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident
With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed to fast-track regulations aimed at protecting consumers from such risks. дальше »
2022-5-20 01:06 | |
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Chainlink (LINK) tech is bringing South America its first stablecoin
FinTech firm Spartan Hill has announced it is integrating Chainlink Price Feeds to help power a new decentralized Colombian Peso stablecoin called Daily (DLY), CryptoSlate learned in a release. The post Chainlink (LINK) tech is bringing South America its first stablecoin appeared first on CryptoSlate. дальше »
2021-10-6 22:00 | |
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Spartan Hill creates Colombian peso stablecoin DLY with Chainlink integration
Spartan Hill, a FinTech platform based in South America, announced a Chainlink (LINK/USD) Price Feeds integration to support Daily (DLY), a new, decentralized Colombian Peso stablecoin, Invezz learned from a press release. дальше »
2021-10-7 18:00 | |
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Top VC’s Including Coinbase, Galaxy Digital & Pantera Inject $25M into Terraform Labs
Stablecoin e-commerce creator Terraform Labs recently concluded a $25 million funding round that features Coinbase Ventures, Galaxy Digital, Pantera Capital, and other companies. The Singaporean-based crypto and tech startup has successfully penetrated the South Korean market and wants to expand its operational capacities with the funding. дальше »
2021-1-28 23:30 | |
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Binance issues Korean Won-pegged stablecoin - BKRW
Malta-based cryptocurrency exchange Binance is in the news after it issued Binance KRW [BKRW], a BEP-2 stablecoin pegged to KRW [Korean won], in partnership with BxB, Inc. of South Korea on 5 March 20The post Binance issues Korean Won-pegged stablecoin - BKRW appeared first on AMBCrypto. дальше »
2020-3-6 00:30 | |
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Former PBoC Gov Tells China To Join Global Regulation Conversation For Libra Stablecoin
Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post. дальше »
2020-1-29 17:10 | |
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South Korean Firm To Fork Ripple And Develop A New ‘ChainZ’ Social Value Coin Donations Platform
As per an all-new report released by S. Korean media outlet Cosun yesterday, local holding company SK C&C has announced its decision to create a new donations platform that will be built atop a Ripple blockchain fork. дальше »
2019-8-10 18:50 | |
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South Korean Fashion Platform Sinsang Market to Partner With Terra Stablecoin
Terra, a Singapore-incorporated stablecoin company, has recently decided to start a partnership with Sinsang Market, a major B2B fashion platform based in South Korea. According to a local site based on financial news, the new partnership will see vendors linked to the fashion market in South Korea. The two firms will get together to create […] дальше »
2019-8-6 23:37 | |
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