south-korea
Devexperts Powers First US Options Platform for Korean Retail Market
- South Korean retail investors gain access to complex options strategies through mobile payment app integration.
- The backend infrastructure was designed to support hundreds of thousands of concurrent users.
Thursday, 04/12/2025 | 10:01 GMT by
Damian Chmiel
FX Trading Rules Tighten as South Korea Targets Retail Investors Risk
- South Korea’s market regulator is stepping up scrutiny of forex risks for retail investors after a renewed slide in the won.
- The authorities say they will review whether consumers get enough information about hedging strategies as more pour into overseas assets.
Monday, 01/12/2025 | 10:35 GMT by
Damian Chmiel
South Korea to Tighten Crypto Travel Rule Below $680, Block “High Risk” Offshore Exchanges
- Crypto exchanges must collect sender and receiver details for smaller transfers.
- Framework expected by mid-2026, with lawmakers and international bodies reviewing it.
Friday, 28/11/2025 | 10:37 GMT by
Tareq Sikder
South Korean Retail Investors Gain Access to US Stocks Through Webull and Meritz
- Meritz clients gain entry to U.S. markets via Webull’s platform and Apex Fintech link.
- In 2024, Webull engaged with South Korea’s FSS to gain approval as the first foreign retail trading platform.
Wednesday, 12/11/2025 | 15:16 GMT by
Tareq Sikder
South Korea Suspends Digital Won Project amid Stablecoin Push
- The Bank of Korea has informed participating banks that discussions on the digital won project have been temporarily paused.
- Meanwhile, the country’s President has made stablecoin regulation one of his main priorities.
Monday, 30/06/2025 | 06:39 GMT by
Arnab Shome
KuCoin Eyes South Korea Comeback After Regulatory Setback
- The exchange has not officially exited the South Korean market and is awaiting the right regulatory opportunity to re-enter.
- KuCoin's new CEO expressed concern that South Korean regulations may be designed to protect domestic exchanges.
Friday, 02/05/2025 | 21:11 GMT by
Jared Kirui
Bithumb Signs Sponsorship with FC Seoul as South Korean Firm Turns to Ripple Custody
- The sponsorship includes marketing activities and match-day promotions, starting with the first home game.
- In a separate development, South Korea's BDACS adopts Ripple Custody for institutional clients.
Friday, 28/02/2025 | 10:25 GMT by
Tareq Sikder
XRP Consolidates: S. Korea's BDACS Adopts Ripple Custody for Institutional Crypto Storage
- Ripple Custody provides software for secure storage, management, and access to cryptos.
- XRPUSD H1 chart trades between two horizontal levels; next breakout crucial for intraday direction.
Thursday, 27/02/2025 | 15:05 GMT by
Tareq Sikder
S Korea Blocks DeepSeek AI Over Privacy Concerns amid Predictions on Bitcoin, XRP
- The PIPC-enforced ban will remain in place until it complies with South Korea's data protection laws.
- DeepSeek has been banned in Taiwan, Australia, and Italy and parts of the US.
Monday, 17/02/2025 | 10:32 GMT by
Tareq Sikder
South Korea's Crypto Exchange Upbit Faces Suspension Over KYC Violations
- Authorities also allege that Upbit violated regulations prohibiting transactions with unregistered foreign cryptocurrency service providers.
- The exchange's license renewal is also under review, with the FIU expected to finalize its decision this month.
Thursday, 16/01/2025 | 21:02 GMT by
Jared Kirui
South Korea's 102 Trillion Won Crypto Market Engages 30% of Population
- The country's cryptocurrency investor count hits 15.6 million, a 610,000 increase in November.
- Crypto transaction volume in Korea now rivals the domestic stock market's combined volume.
Wednesday, 25/12/2024 | 11:03 GMT by
Tareq Sikder
South Korea Declares Martial Law: Economic Struggles Intensify as Won Declines
- The South Korean won fell to its lowest value against the US dollar since 2022.
- Bitcoin dropped nearly 30% in some Korean exchanges amid the extensive impact of the new law on the financial space.
Tuesday, 03/12/2024 | 18:02 GMT by
Jared Kirui
Ripple's XRP, Bitcoin Take the Hit as Martial Law in South Korea Disrupts Markets
- South Korean exchanges like Upbit and Bithumb experienced temporary trading volume spikes and performance delays.
- Bitcoin and XRP faced significant price volatility on South Korean exchanges, with temporary declines of up to 30%.
Tuesday, 03/12/2024 | 16:08 GMT by
Jared Kirui
South Korea Plans to Regulate Cross-Border Crypto Transactions
- The new law mandating registration and periodic reporting is expected to become effective in the second half of 2025.
- The Finance Ministry is currently completing the legislative requirements.
Friday, 25/10/2024 | 05:41 GMT by
Arnab Shome
South Korea’s FSC Endorses Nonprofit to Secure Crypto Assets after Exchange Closures
- The Digital Asset Protection Foundation will work to return assets to users from defunct crypto exchanges.
- Out of 22 crypto exchanges in the country, 10 have closed and 3 have temporarily suspended operations.
Wednesday, 25/09/2024 | 08:34 GMT by
Tareq Sikder
Why Is South Korea Postponing Crypto Taxation?
- South Korea delays crypto gains taxation until 2028.
Tuesday, 16/07/2024 | 15:56 GMT by
Pedro Ferreira
Indonesia and South Korea Pave the Way for Seamless Digital Payments
- A strategic leap in digital finance.
Tuesday, 16/07/2024 | 15:55 GMT by
Pedro Ferreira
Interactive Brokers Extends Trading Hours for Korean Derivatives
- Traders can now access KOSPI 200 Options, Mini-KOSPI 200 Futures, KOSPI 200 Futures, and USD/KRW currency futures during US and European market hours.
- The initiative reportedly reflects Interactive Brokers' strategy to cater to the growing interest in South Korean equities and derivatives.
Tuesday, 02/07/2024 | 19:28 GMT by
Jared Kirui
South Korea Adopts Crypto Staking as Competition Intensifies among Exchanges: Report
- Upbit has reportedly amassed over 3 trillion won in staking assets by directly operating the staking process for various cryptocurrencies.
- Despite the popularity of staking services, experts warn of risks such as hacking and technological malfunctions.
Monday, 13/05/2024 | 12:47 GMT by
Jared Kirui
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