South Korea
KakaoBank prepares for Korean won stablecoin amid Upbit acquisition
KakaoBank plans to launch a won-backed stablecoin to enhance its services, while Naver Financial moves to acquire Upbit in a...
China turns against stablecoins; Sony preps PlayStation stable
China's central bank targets stablecoins amid regulatory challenges, while South Korea pushes for stablecoin legislation to advance digital finance.
Brazil to tax digital assets in foreign exchange transactions
Brazil’s central bank has proposed a framework that taxes FX transactions settled in digital assets, while the taxman has adopted...
US Bank tests Stellar stablecoin; European bankers see no use cases
U.S. Bank is testing a dollar stablecoin on Stellar, while Paxos acquires Fordefi to enhance DeFi services, amid global regulatory...
South Korea’s finance watchdog to sanction more ‘crypto’ exchanges
South Korea's FIU plans sanctions on major crypto exchanges for AML and KYC violations, impacting the digital asset industry amidst...
Japan tests AI credibility; S.Korea-UAE push Stargate plan
Japan unveils an AI credibility testing plan as South Korea and the UAE deepen strategic cooperation on AI innovation, investment,...
