TokenPost topic
South Korea
446 TokenPost stories are tagged South Korea. The newest appear first.
Latest South Korea stories
- Battery Rooms Draw New Fire-Safety Scrutiny at Data Centers
A South Korean data-center fire led to inspections of 178 facilities, while an Oregon incident began inside a UPS cabinet and was not caused by lithium-ion batteries.
· Technology
- South Korea’s KOSPI Index Falls 3.65% in Sharp Selloff
The index lost 241.69 points to close at 6,384.24 on Monday. Samsung Electronics and SK Hynix also posted declines.
· Investing
- Bank of Korea Governor Puts Inflation at Center of Rate Decisions
申炫松 said inflation hits low-income and vulnerable groups hardest while high rates pressure vulnerable borrowers.
· Regulation
- Bank of Korea Says Private Companies Should Run Stablecoin Businesses
Gov. Hyun Song Shin said the central bank will focus on maintaining order in the broader monetary ecosystem and will not directly participate in stablecoin-related businesses.
· Regulation
- Bithumb Lists ZEST in Korean Won Market at 1 a.m. ET
Trading is scheduled to open Oct. 12 at 1 a.m. ET (05:00 UTC), giving the token a new Korean won trading venue.
· Business
- South Korea Expands Tokenized Securities Plan to Bonds and Funds
A proposed rule change would initially target institutional products, with broader retail access planned after market conditions stabilize.
· Regulation
- South Korea’s KOSPI Slides 3% as Chip Stocks Fall Sharply
The index stood at 6,427.08 points, while SK hynix dropped more than 4% and Samsung Electronics declined nearly 4%.
· Investing
- Jeonbuk Bank Launches Bitcoin-Backed Corporate Won Loans
The South Korean bank will accept Bitcoin as its sole collateral, with custody handled by a qualified virtual asset service provider.
· Business
- South Korea’s KOSPI Slides 2% as SK Hynix Falls 3.2%
Samsung Electronics also declined 1.9% during Oct. 12 trading.
· Investing
- South Korea Tightens VASP Rules as Tokenized Securities Plan Advances
New standards include a 200% debt-ratio cap, while a separate tokenized-securities framework is planned for Feb. 4, 2027.
· Regulation
- South Korea Says Crypto Exchange Ownership Limits Are Not Targeted
The Financial Services Commission plans tighter oversight as exchanges move from three-year reporting renewals to a licensing system under the Digital Asset Basic Act.
· Regulation
- KAIA Rallies 63.96% After Upbit Plans Three New Markets
KAIA climbed from $0.0369 to $0.0605 on Oct. 9 as trading activity and perpetual-contract open interest rose sharply.
· Investing
- BTQ Technologies, MoonPay Korea Partner on Quantum-Safe Infrastructure for Won Stablecoins
The companies will jointly develop a quantum-migration roadmap and conduct a proof of concept with South Korean banking institutions.
· Business
- South Korea Proposes Six-Year Wallet Record Rule for Crypto Exchanges
The proposal would also require reporting on crypto payments of $50,000 or more for goods and services as South Korea prepares for CARF implementation.
· Regulation
- Selected Asian Factories Record AI Gains as U.S. Effects May Start in 2027
South Korean AI Factory sites and Foxconn’s Zhengzhou facility reported gains in productivity, inspection speed and equipment efficiency, while broader U.S. effects could begin emerging in 2027.
· Technology
- Bithumb Plans XDP Listing in Korean Won Market at 8 a.m. ET
Trading is scheduled to begin Oct. 9 at 8 a.m. ET (12:00 UTC), or 9 p.m. in South Korea.
· Business
- Bithumb To Open Korean-Won Market For Doppler Finance’s XDP Token
Trading is scheduled to begin Oct. 9 at 8 a.m. ET (12:00 UTC), with deposits and withdrawals limited to the Base network.
· Business
- Upbit Trading Volume Reaches Approximately $1.329 Billion as XRP Leads
XRP/KRW generated about $145 million, or 10.96% of total activity, while USDT/KRW ranked second at 7.12%.
· Investing
- Asset Tokenization, Bitcoin Access Lead Oct. 8 Crypto Roundup
The roundup also covered South Korean tax policy, Polymarket fees, Catalyst’s $30 million funding round and rising Bitcoin short-term holder losses.
· Investing
- South Korea Reviews 2027 Crypto Tax Plan Amid Reporting Gaps
The government will gather views from lawmakers, experts and industry before assessing the policy and its expected revenue.
· Regulation
- Data Exposures Hit at Least Seven Korean Financial Institutions, Affecting 65,000 Customers
At least seven financial institutions suffered data exposures from late September to early October, while no stolen funds have been identified.
· Technology
- Toss Bank Credits Failed Transfers During 30-Minute System Error
The Oct. 7 transfer error affected some inbound payments from other financial institutions. Toss Bank said it corrected the issue after confirming it.
· Technology
- AI-Assisted Attacks Hit South Korean Banks, Exposing Hacker Records
Shinhan Bank, KB Kookmin Bank and Hana Bank were targeted from late September through early October, with exposed Claude Code records revealing campaign details.
· Technology
- SK hynix ADR Trades at 38% Premium as Lockup Expires Wednesday
The American depositary receipt fell sharply Monday but remains more than 20% above its listing price.
· Investing
- Gwangju Bank and Toss Complete Stablecoin QR Payment Test
The simulated proof of concept linked a bank app, Toss and merchant terminals without using real customers, transactions or assets.
· Technology
- AI-Assisted Intrusions Hit South Korean Financial Support Systems
The campaign used the agentic penetration-testing tool ARTEX and multiple large language models. South Korean regulators ordered sector-wide inspections after reported breaches and data leaks.
· Technology
- DeAgentAI’s AIA Hits 0.107 USDT After 11.1% 15-Minute Gain
AIA was trading at 0.101 USDT after reaching the short-term high as Bithumb planned Korean won pairs for AIA and CASHCAT.
· Investing
- Bithumb Plans Korean Won Listings for AIA and CASHCAT Tokens
The South Korean exchange will add both tokens to its won-denominated market, with trading start times to be announced.
· Business
- Ondo, Kakaopay Securities Plan Tokenized Access to South Korean Stocks
The companies signed an MOU to study overseas distribution, share custody and tokenization infrastructure, but have not announced specific stocks, a product or launch date.
· Business
- Naver Financial, Dunamu Push Share-Swap Closing to March 2027
The companies also moved the shareholder record date to Jan. 18 and the extraordinary meeting to Feb. 26 as approvals remain pending.
· Business
- Ripple, Meritz Securities Review Digital-Asset Infrastructure in Korea
The partnership will assess Ripple Custody and tokenization infrastructure for South Korea’s capital markets, while potential services involving ETFs, stablecoins and tokenized securities remain under review.
· Business
- South Korea Proposes Registration for Cross-Border Crypto Transfers
The proposal would require advance registration, minimum staffing and reporting through the Bank of Korea’s foreign-exchange network.
· Regulation
- Securitize and LG CNS Explore Tokenized Assets in South Korea
Their agreement covers tokenized funds, stocks and stablecoins as South Korea prepares a securities framework scheduled to take effect in February 2027.
· Business
- Parataxis Ethereum Ends Merger Plan With Korean Affiliate
The companies canceled a Nov. 27 shareholder meeting as a court challenge to Parataxis Korea’s delisting left the deal timeline uncertain.
· Business
- Rialo Discusses Proof-of-Concept Projects With South Korean Financial Firms
The firms, proposed projects and launch dates have not been publicly identified. Rialo said May 7 that Cboe market data was being integrated into its infrastructure.
· Business
- Bithumb Announces Bedrock and Dolphin Korean Won Trading Pairs
The South Korean exchange announced KRW pairs for Bedrock (BR) and Dolphin (POD).
· Business
- South Korea’s Estimated Crypto Activity Reached $449.1 Billion
The 12-month estimate through June 2026 was 12.3% higher than the prior period. AI assets led the defined themes in won-denominated trading by June.
· Investing
- South Korea Targets 16 Million Barrels of Canadian Crude in 2026
The target compares with 4.88 million barrels in 2025. Seoul also aims to raise annual imports to as much as 20 million barrels over time, without a timetable.
· Business
- Trump Threatens to Double South Korea’s Cost Over Alaska LNG Deal
The president did not specify what he would double. Seoul is still assessing whether the $50 billion project is commercially viable and meets domestic legal requirements.
· Regulation
- South Korea Maps Out 800 Trillion Won Chip Buildout and AI Expansion
The June 29 roadmap also includes 550 trillion won for data centers and a regional development push, with power, water and grid upgrades needed to support the projects.
· Technology