North Korean-linked hackers have turned South Korea into one of crypto’s most active battlegrounds, with the Lazarus Group tied to major exchange breaches, laundering pipelines, and scam networks that keep evolving faster than enforcement can lock them down. Lazarus Group linked to 6 of 9 major South Korean exchange hacks More than $120 million confirmed […]
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South Korea is accelerating its push for a won-based stablecoin framework as lawmakers and industry leaders warn that dollar-backed tokens could lock the country into someone else’s payment rails. Won-based stablecoin push: Korea wants a domestic answer before dollar tokens become the default Policy race: lawmakers are weighing MiCA, the U.K., and Korea’s digital-asset basic […]
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South Korea has locked in a January 2027 start date for its crypto tax, ending years of delays and political foot-dragging. The new rule will hit gains above 2.5 million won a year, with a combined 22% tax on crypto profits. 22% crypto gains tax begins in January 2027 2.5 million won yearly threshold before […]
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South Korea has finally nailed down a start date for its long-delayed crypto tax, and traders hoping the whole thing would quietly die in committee can stop dreaming. Tax date locked: Jan. 1, 2027 Rate: 22% on gains above 2.5 million won Scope: Crypto transfers and lending income Rollout: Guidance due in 2026, first filing […]
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Samsung SDS is pushing South Korea’s tokenized securities market from pilot mode into actual financial infrastructure, with a contract to build and operate the Korea Securities Depository’s blockchain-based platform through 2027. Samsung SDS won the KSD token securities platform contract Production-ready launch is expected by February 2027 South Korea’s legal framework for security tokens kicks […]
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South Korea Urges Stablecoin Regulation as BOK-FSC Clash Delays Crypto Laws South Korea finds itself in a high-stakes race to regulate stablecoins, with an overseas Korean won (KRW)-pegged token igniting fears over the erosion of national monetary sovereignty. Lawmakers are championing the Digital Asset Framework Act to bring order to the chaos, but a fierce […]
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South Korea Launches Blockchain Payment Pilot for Public Funds in Sejong City 2024 South Korea is making waves in the realm of digital finance with a groundbreaking blockchain payment pilot aimed at cracking down on the misuse of public funds. Spearheaded by the Ministry of Economy and Finance, this initiative could redefine government spending transparency […]
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South Korea Leads the Charge with Blockchain Tokenized Deposits for Government Spending South Korea has just fired a shot across the bow of traditional public finance, launching a pioneering pilot in Sejong City to use blockchain-based tokenized deposits for government operational spending. This isn’t just a tech experiment—it’s a potential game-changer for how taxpayer money […]
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South Korea Slams Coinone with $3.5M Fine for AML Violations: Crypto Crackdown Intensifies South Korea is dropping the hammer on cryptocurrency exchanges, and Coinone, the nation’s third-largest platform, is the latest to get crushed under the weight of regulatory fury. With a jaw-dropping $3.5 million fine and a three-month partial suspension for glaring anti-money laundering […]
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South Korea Hammers Coinone with $3.5M Fine for AML Failures in Sweeping Crypto Crackdown South Korea has unleashed a formidable blow on Coinone, one of its major cryptocurrency exchanges, with a 5.2 billion won ($3.5 million) fine and a three-month partial business suspension over glaring anti-money laundering (AML) violations. The Financial Intelligence Unit (FIU) exposed […]
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