The Bank of Korea told lawmakers it will draft a forex law amendment this year to regulate stablecoins as a means of payment, a plan that points to tighter cross-border controls rather than legal-tender status.
K Wave Media Inc. has announced a $500 million convertible note agreement with Anson Funds to support its Bitcoin treasury strategy. This financing follows...
Several of South Korea’s top cryptocurrency exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time.
The announcement, which was made earlier today on Twitter, revealed that the cryptocurrency exchange's services would be restored on August 4, 2018, at 11 a.m. KST.
Cryptocurrency exchange Binance is making plans to expand operations into South Korea, reports Business Korea.Per the report, Binance CEO Changpeng Zhao hinted at his...
vSouth Korea’s Supreme Court just ruled that bitcoin is a legally recognizable asset, overturning a decision made last year by one of the country’s lower courts.