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Bank of Korea’s Governor Rhee Chang-yong expressed concerns that won-based stablecoins could spur more demand for U.S. dollar stablecoins.

As Seoul legalizes KRW stablecoins, will Asia’s digital finance landscape shift — and could the won rival the U.S. dollar online?

Seoul Central District Court has dismissed Wemade’s injunction, clearing WEMIX for delisting from Korean exchanges on June 2. Following a February ...

In a strategic decision toward modernizing its monetary system, the Bank of Korea (BOK) announced it is exploring the use of public blockchains to ...

The Bank of Korea deputy governor said that the central bank is considering integrating state-backed deposit tokens with public blockchains. The po...

The coalition of the top five South Korean exchanges conspired against the WEMIX token, WeMade says. The post South Korea’s Top Exchanges Face Anti...

Stablecoin flows have dominated South Korea’s cross-border crypto activity in Q1 2025, composing 47 % of the ₩56.8 trn sent abroad as traders seek ...

WEMIX plunged over 60% after South Korea’s five major exchanges announced a second delisting, citing unresolved security and compliance issues foll...

South Korean game publisher Wemade’s crypto Wemix suffered a price collapse Friday after five of the country’s leading crypto exchanges announced p...

Leading South Korean crypto exchanges Upbit and Bithumb have suspended deposits for Synthetix (SNX) following an alert by the DAXA. The post South ...