South Korea Moves to Block 27 Websites of Unregistered Crypto Services, Including KuCoin and MEXC
South Korea’s FIU announced plans to extend measures against unregistered virtual asset service providers to 27 websites.
Tag South Korea
Seoul Police Officer Investigated Over AI Sexual Deepfakes
An officer from Dongdaemun Police Station was detained on suspicion of possessing, producing and distributing sexual materials, including AI-manipulated videos.
Bank of Korea Examined Stablecoin Links to the Foreign Exchange Market
A Bank of Korea study suggests that, with a direct trading pair between the local currency and a dollar stablecoin, a higher stablecoin premium may be associated with a weakening of the domestic currency against the dollar.
South Korea Unveils Three-Phase Plan for Tokenized Securities
South Korea’s Financial Services Commission wants to launch the first phase of infrastructure for tokenized funds, bonds and selected stocks from February 2027. Settlement via stablecoins remains a later goal without a set timeline.