GeneralBeginnerSouth Korea’s 7-Eleven stores will accept payments in the country’s central bank digital currency (CBDC) until June as part of the retailer’s participation in the CBDC test phase. During this trial period, 7-Eleven will offer a 10% discount on all products purchased using CBDC. Moon Dae-woo, head…
#cbdc#crypto#south-korea
XRP LedgerBeginnerRipple has forged a strategic partnership with BDACS, a South Korean digital asset custody provider, to deliver secure custody solutions for institutional clients, specifically focusing on XRP and Ripple’s USD-denominated stablecoin, RLUSD, within South Korea. This collaboration is designed to…
#altcoin#crypto#defi
BitcoinBeginnerThe South Korean Financial Services Commission (FSC) has announced plans to allow institutions, such as charities and universities, to sell their cryptocurrency donations starting in the second half of 2025. This decision marks a significant shift in the country’s cryptocurrency regulatory…
#altcoin#asia#crypto
BitcoinBeginnerThe US, Japan, and South Korea have issued a joint warning about North Korea’s expanding cryptocurrency hacking attempts. In a recent statement, the three nations expressed deep concern over the North Korean regime’s persistent use of cyberattacks to fund its illicit weapons programs. The…
#altcoin#defi#hackers
BitcoinBeginnerA South Korean court has issued an arrest warrant for impeached President Yoon Suk Yeol, marking a historic moment in the country’s history. This decision comes after Yoon’s attempt to impose martial law earlier this month, which was met with widespread condemnation and led to his impeachment by…
#altcoin#court#crypto
EthereumBeginnerSouth Korean authorities have confirmed that the 2019 hack of the cryptocurrency exchange Upbit, which resulted in the theft of approximately $50 million worth of cryptocurrency, was carried out by North Korean hackers. This marks the first time that South Korea has officially attributed a major…
#crypto#north-korea#south-korea
GeneralBeginnerFireblocks, a leading digital asset platform, has entered into a strategic partnership with NongHyup Bank, a major South Korean financial institution, to explore the potential of blockchain technology in tax refund processes. The collaboration aims to leverage Fireblocks’ innovative tokenization…
#nfts#south-korea#tokenization
BitcoinBeginnerSouth Korea has taken a significant step in recognizing cryptocurrencies as a legitimate asset class within the legal framework. A recent court ruling has established a precedent that allows the division of cryptocurrencies in divorce settlements. The decision, which was handed down by the Seoul…
#court#crypto#south-korea
GeneralBeginnerSouth Korea will host a high-level summit this week to unveil a comprehensive blueprint for integrating artificial intelligence (AI) into its military capabilities. The summit, scheduled to take place in Seoul, will bring together top government officials, military leaders, and AI experts to…
#ai#south-korea
BitcoinBeginnerA South Korean research institute has issued a warning regarding crypto exchange-traded funds (ETFs). Bo-mi Lee, a researcher at the think tank, highlighted the inherent volatility of cryptocurrencies and the potential risks associated with crypto ETFs. This comes amidst growing interest in these…
#crypto#etfs#south-korea
GeneralBeginnerSamsung is joining forces with Seoul National University (SNU) to establish a cutting-edge research center dedicated to artificial intelligence (AI). This industry-academia partnership aims to solidify Samsung’s position in the rapidly evolving AI landscape and foster the next generation of AI…
#ai#samsung#south-korea