Naver Tightens Grip on Fintech Future with Full Acquisition of Upbit
Naver is strategically positioning itself for the future of finance by moving to fully acquire South Korea’s leading crypto asset, Upbit.
South Korean Ministry Revises Decree to Include Crypto in Venture Framework
The South Korean Ministry of SMEs and Startups has passed a partial revision to the Enforcement Decree of the Venture Business Act, removing restrictions on virtual asset businesses.
South Korea Imposes 20% Cap on Crypto Lending and Bans High-Risk Loans
South Korea’s Financial Services Commission (FSC) has introduced strict new rules for cryptocurrency lending.
South Korean Exchanges Forced to Pause Crypto Lending Amid Regulatory Scrutiny
South Korea’s financial watchdog has temporarily barred cryptocurrency exchanges from offering lending services, disrupting a fast-growing sector of the digital asset market.
KakaoBank Explores Stablecoin Expansion Amid South Korea’s Crypto Push
KakaoBank is positioning itself to capitalize on South Korea’s growing crypto market, with plans to offer stablecoin-related services.
South Korea Gets Ahead of Crypto Lending Risks with New Task Force
South Korea isn’t waiting for a crypto lending crisis to act—regulators are preemptively drafting rules to rein in high-risk loan products.
Bank of Korea Introduces Virtual Asset Division as Stablecoin Discussions Advance
The Bank of Korea (BOK) has launched a new division focused on virtual assets to oversee the cryptocurrency market and participate in legislative discussions.
