A digital representation of Upbit's GIWA chain, symbolizing advanced blockchain technology for the South Korean crypto market.
Blockchain News

Upbit Unveils Ambitious GIWA Chain Project for South Korean Crypto Market

The cryptocurrency world is buzzing with anticipation. South Korean cryptocurrency exchange Upbit, a major player in the global digital asset space, is reportedly preparing a significant move. According to an exclusive report from AggrNews, Upbit plans to launch a new blockchain. This exciting development centers around a project named the GIWA chain. This initiative could […]

Representatives from Tether and Shinhan Financial Group discuss a potential won-based stablecoin, highlighting South Korea crypto regulations.
Blockchain News

Tether Stablecoin Eyes **Crucial** Expansion: South Korean Won-Pegged Opportunity Emerges

The global **stablecoin market** closely watches developments in Asia. Recently, Tether, the leading issuer of the USDT **Tether stablecoin**, engaged in significant discussions. They met with Shinhan Financial Group Chairman Jin Dong-ok on September 8. This meeting focused on a potential won-based stablecoin for the South Korean market. This development underscores the growing interest in […]

Illustration of South Korean digital currency flowing into hands, symbolizing the government subsidies digital currency pilot program involving six major Korean banks.
Blockchain News

South Korean Digital Currency: Six Banks Launch Groundbreaking Pilot for Subsidies

The global financial landscape rapidly evolves. Now, South Korea stands at the forefront of a significant digital transformation. A groundbreaking initiative is underway. The nation’s central bank, government, and six major commercial banks are embarking on a crucial digital currency pilot program. This project aims to revolutionize how government subsidies reach citizens. It marks a […]

Illustrates a bank-fintech consortium collaborating on the issuance of a Korean Won Stablecoin, symbolizing financial innovation and stability in South Korea.
Blockchain News

Pivotal Korean Won Stablecoin Plan: Bank-Fintech Consortium Eyes Issuance Authority

Cryptocurrency enthusiasts, pay attention! A significant development is unfolding in South Korea. The nation’s State Affairs Planning Committee is actively exploring a groundbreaking proposal. This plan could fundamentally reshape the landscape for a **Korean Won Stablecoin**. The Vision for a Korean Won Stablecoin South Korea’s State Affairs Planning Committee is considering a novel approach. They […]

An investor reacts to the urgent Coinone delisting of Pencil Protocol (DAPP) on a mobile screen.
Blockchain News

Urgent: Coinone Delisting Pencil Protocol (DAPP) on October 6th

Investors in the South Korean cryptocurrency market face a significant development. Major exchange Coinone announced the imminent **Coinone delisting** of Pencil Protocol (DAPP). This move, set for October 6th at 6:00 a.m. UTC, carries critical implications for all **DAPP token** holders. Understanding the reasons and required actions is paramount for affected individuals. Coinone Delisting: Why […]

A Bithumb maintenance announcement screen with a calendar icon for Sept 5, indicating crucial trading system upgrades for users.
Press Release

Bithumb Announces Crucial Trading System Upgrade: Urgent Maintenance on Sept. 5

Cryptocurrency traders in South Korea and beyond are marking their calendars. Leading South Korean crypto exchange, Bithumb, has issued an important announcement. The platform will conduct full service maintenance on September 5, a critical step to enhance its trading system performance. This proactive measure aims to ensure a more robust and efficient trading environment for […]

South Korea crypto task force discussing virtual asset policy and future regulation in a modern conference room.
Blockchain News

South Korea Crypto: Crucial Task Force to Shape Virtual Asset Future

The cryptocurrency landscape in South Korea stands on the cusp of significant transformation. Indeed, the nation’s ruling **Democratic Party** plans to launch a dedicated task force. This crucial initiative aims to comprehensively discuss **virtual asset policy**, signaling a new era for digital finance in the country. This move will undoubtedly capture the attention of investors […]

Illustration showing South Korea's financial regulations safeguarding virtual asset lending, with digital currency symbols and protective barriers.
Uncategorized

South Korea Crypto Lending: Sweeping New Rules Safeguard Investors

The cryptocurrency market often operates with rapid innovation and significant volatility. Regulators globally strive to balance this dynamism with investor safety. Recently, **South Korea crypto lending** services faced a pivotal shift. The nation’s Financial Services Commission (FSC) has introduced comprehensive guidelines. These new measures aim to curb high-risk practices. They also seek to enhance consumer […]