Browsing: South Korea

Jeju City targets crypto holdings of alleged tax dodgers, marking a significant step in South Korea’s efforts to regulate digital assets and combat tax evasion.

Bitcoin asset manager Parataxis announces a $640M SPAC merger with SilverBox Corp IV, aiming to go public and expand its Bitcoin treasury strategy in the US and South Korea.

KakaoBank is stepping into the stablecoin market, aligning with South Korea’s pro-crypto regulatory shift and leveraging its digital asset expertise to explore issuance and custody services.

Simon Gerovich, CEO of Metaplanet, joins a consortium to acquire a stake in SGA, aiming to boost Bitcoin adoption in Asia, while Metaplanet expands its Bitcoin treasury.

South Korean banks experience stock price surges following stablecoin trademark filings, signaling growing institutional interest in the cryptocurrency sector amidst a crypto-friendly political backdrop.