Shinhan Bank stablecoin initiative launching a won-pegged digital payment service with Lotte.
Blockchain News

Shinhan Bank Stablecoin: Pioneering Digital Won Payments with Lotte

The financial world constantly evolves. Today, a significant development comes from South Korea. Shinhan Bank stablecoin efforts are making headlines. This major financial institution is venturing into digital currencies. It aims to revolutionize how we handle payments. Shinhan Bank Stablecoin: A Groundbreaking Collaboration Shinhan Bank is embarking on an innovative journey. It is launching a […]

Greenlane Holdings CIO Ben Isenberg discusses the BERA DAT strategy during an interview for Korean crypto investors.
Press Release

Greenlane Unveils Strategic BERA DAT Strategy for Korean Crypto Investors

The cryptocurrency landscape constantly evolves. Companies are now seeking innovative ways to manage digital assets. Greenlane Holdings, a Nasdaq-listed entity, recently made headlines. Its Chief Investment Officer, Ben Isenberg, detailed a crucial development. He outlined the company’s pioneering BERA DAT strategy in a significant interview. Understanding the BERA DAT Strategy On October 22, Ben Isenberg, […]

Bank of Korea building symbolizing the central bank's decision to hold the benchmark interest rate steady, impacting the South Korea economy.
Uncategorized

Bank of Korea’s **Crucial** 2.50% **Benchmark Rate** Hold Signals Stability

Central bank decisions often send ripples across global financial markets. Indeed, these actions can subtly influence investor sentiment, even impacting the dynamic world of cryptocurrencies. Therefore, the latest announcement from the **Bank of Korea** warrants close attention. This significant development underscores a period of careful economic management within a key Asian economy. Bank of Korea […]

A magnifying glass examines digital data, symbolizing the extended Bithumb probe by a South Korean regulator into order book sharing practices.
Blockchain News

Urgent: South Korean Regulator Extends Bithumb Probe Over Order Book Sharing Controversy

The **Bithumb probe** by South Korean regulators has entered an extended phase. This crucial development signals intensifying scrutiny. Cryptocurrency enthusiasts and market observers are closely watching these events. This extension impacts one of South Korea’s largest digital asset exchanges. The regulatory spotlight now shines brighter on its operational practices. Unpacking the Extended FIU Investigation South […]

Binance's strategic hiring in South Korea signifies its major expansion into the South Korean crypto market.
Blockchain News

Binance’s Strategic Expansion: Key Hiring Underway in South Korea Following Gopax Acquisition

Binance, the world’s largest cryptocurrency exchange by trading volume, has initiated a significant hiring drive in South Korea. This pivotal move marks its first major recruitment effort in the region in approximately three years. The development follows the exchange’s successful acquisition of local platform Gopax, signaling a robust ramp-up of its **Binance South Korea** business […]

Illustrative map showing illicit crypto remittance flows from the US-sanctioned Huiyuan Group in Cambodia to Seoul, South Korea, highlighting financial crime.
Blockchain News

Shocking Revelation: Huiyuan Group’s Alleged Crypto Remittance Scheme Uncovered in Seoul

A disturbing report has emerged from Seoul, capturing the attention of financial regulators and cryptocurrency enthusiasts alike. The Huiyuan Group, a Cambodian financial firm already under the microscope of US sanctions, allegedly operates a sophisticated crypto remittance service within South Korea. This revelation raises serious concerns about global financial security and the potential misuse of […]

Korea Customs Service officers utilize advanced tools to analyze virtual assets, enhancing efforts against illegal crypto transactions.
Blockchain News

Korea Customs Service to Establish Crucial Virtual Asset Analysis Division

South Korea’s Korea Customs Service is proposing a significant strategic move. This initiative aims to establish a new division. Its purpose is to combat evolving financial crimes. This development signals a proactive stance against illicit activities. It particularly targets those involving digital assets. Korea Customs Service Eyes New Virtual Asset Division Commissioner Lee Myung-koo recently […]