CBDCs
Korean central bank governor urges CBDC development to compete with stablecoins
Chang-yong Rhee warned of stablecoins undermining central banks and advocated for CBDCs to preserve monetary control.
Assad Jafri 2 min read
South Korea Crypto News
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
Topic stats
Total views Total recorded views across published stories in this archive. Views are not unique reader counts. 919.9K
Coverage footprint Share of stories with a place tag. This topic’s share of CryptoSlate’s published stories in that group. Each story is counted once in the group total. 3.0%
Audience rank This topic’s position among companies or places, ordered by total recorded views across published stories. Topics with equal totals share a rank. #9
Top South Korea Stories
CBDCs
South Korean central bank to launch CBDC pilot in 2024
Participants in the pilot program will be able to purchase goods using CBDC deposit tokens issued by commercial banks.
Legal
Montenegro court clears path for Do Kwon’s extradition to US or South Korea
Montenegro court update: Do Kwon closer to facing charges in US/South Korea after UST debacle.
Latest South Korea Crypto News & Analysis
Trading
South Korean crypto trading volumes soar with altcoins taking center stage
Upbit commands an 80% market share among South Korean exchanges as altcoin trading drives the surge.
Exchanges
South Korea national pension fund nets 40% gain on Coinbase stock investment
Coinbase's stock is one of the best-performing of the past year.
Exchanges
Bithumb sets sights on 2025 South Korean IPO on KOSDAQ amid leadership overhaul
Amid executive turbulence, Bithumb forges ahead with a strategic IPO to revamp corporate image.
Legal
Terra co-founder Daniel Shin blames ecosystem failure on Do Kwon’s management
Shin is currently facing trial over his role in the collapse of the Terra ecosystem and its flagship stablecoin.
Technology
South Korean gaming titan Wemade taps Chainlink for interoperable Web3 gaming ecosystem
Chainlink also became the first member of Wemade's COURT consortium.
Legal
Terraform Labs’ defense team says extraditing Do Kwon to the U.S. for SEC testimony is ‘impossible’
Defense lawyers argued that Kwon could not appear for testimony, as he is currently is currently being held in a Montenegrin jail.
More South Korea Crypto News Headlines
Regulation
South Korea to screen major shareholders of crypto exchanges over eligibility concerns
Exchanges
South Korea’s Upbit experiences severe disruption due to fake APT tokens
Taxes
South Koreans’ overseas crypto assets boom to $99B as regulatory focus shifts to OTC trade regulation
Regulation
