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South Korea

Do Kwon’s extradition to US quashed by Montenegro court
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21 December, 2023

Do Kwon’s extradition to US quashed by Montenegro court

The U.S. was in the lead in its race with South Korea for Do Kwon’s extradition, but an appellate court...
Bank of Korea governor urges banking regulators to introduce CBDCs
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21 December, 2023

Bank of Korea governor urges banking regulators to introduce CBDCs

Bank of Korea Governor Rhee Chang-yong urges swift CBDC adoption to counter stablecoin risks, accelerating plans with launching 2024 retail...
South Korea’s notice for digital assets excludes NFTs, CBDCs
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16 December, 2023

South Korea’s notice for digital assets excludes NFTs, CBDCs

South Korea's Financial Services Commission mandates digital exchanges to offer interest on deposits from July 2024, excluding NFTs and CBDCs,...
Italy, South Korea sign MOU for CBDC, payment systems and ICT
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9 December, 2023

Italy, South Korea sign MOU for CBDC, payment systems and ICT

The central banks of Italy and South Korea have signed a memorandum of understanding for a central bank digital currency...
South Korea on the hunt for unlicensed digital asset exchanges
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7 December, 2023

South Korea on the hunt for unlicensed digital asset exchanges

The Financial Intelligence Unit has partnered with South Korea’s five leading exchanges to solicit reports on any unlicensed exchanges, after...
SK Telecom expands regional metaverse plan with new partnerships
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3 December, 2023

SK Telecom expands regional metaverse plan with new partnerships

South Korea’s SK Telecom joins forces with Celcom Digi, Agate, and Cosmic Technologies to expand its metaverse platform to a...
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