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Bank of Korea warns that local stablecoins will increase dollar dependence
Bank of Korea’s Governor Rhee Chang-yong expressed concerns that won-based stablecoins could spur more demand for U.S. dollar stablecoins.
Jun, 19, 2025
3 min read
by CryptoPolitan

WEMIX Faces June 2 Delisting After Court Ruling – Can the Gaming Token Bounce Back?
Seoul Central District Court has dismissed Wemade’s injunction, clearing WEMIX for delisting from Korean exchanges on June 2. Following a February ...
May, 30, 2025
3 min read
by Cryptonews

South Korea’s Top Exchanges Face Antitrust Heat for Wemix Delisting
The coalition of the top five South Korean exchanges conspired against the WEMIX token, WeMade says.
The post South Korea’s Top Exchanges Face Anti...
May, 26, 2025
1 min read
by Coinspeaker

Stablecoin Flood Swells to ₩26.9 T, 47 % of South Korea’s Q1 Crypto Outflows
Stablecoin flows have dominated South Korea’s cross-border crypto activity in Q1 2025, composing 47 % of the ₩56.8 trn sent abroad as traders seek ...
May, 08, 2025
4 min read
by Cryptonews

WEMIX Price Plunges 60% After Major Korean Exchanges Announce Second Delisting
WEMIX plunged over 60% after South Korea’s five major exchanges announced a second delisting, citing unresolved security and compliance issues foll...
May, 02, 2025
4 min read
by Cryptonews

Cryptocurrency Dominates in South Korea Market, Surpasses Stock Market
The market capitalization of cryptocurrency in South Korea has exceeded 100 trillion won or $74.8 billion. With these numbers, the daily transactio...
Apr, 22, 2025
2 min read
by TheNewsCrypto

South Korean Regulator Extends Bithumb Inspection, Plans Coinone Probe
The South Korean Financial Intelligence Unit (FIU) has extended the period of its on-site inspection of the Bithumb crypto exchange, with a Coinone...
Apr, 17, 2025
2 min read
by Cryptonews