Solana Broadens Its Stablecoin Initiatives in South Korea Solana has revealed a significant collaboration with Wavebridge, a prominent blockchain infrastructure firm in Korea, aimed at developing a stablecoin pegged to the Korean won. The partnership seeks to provide a completely compliant, institutional-quality tokenization solution in South Korea’s rapidly developing digital finance landscape. This collaboration marks…
Avalanche Emerges as a Significant Force in South Korea’s Blockchain Ecosystem Avalanche is swiftly establishing itself as a crucial component in South Korea’s digital transformation. The design facilitates rapid transactions, adherence to regulations, and smooth user interactions across various industries. The integration of Avalanche showcases the nation’s mobile-first culture and its policy-driven approach, spanning from…
South Korea’s leading retailer, Lotte Shopping Co. Ltd., hosted its 2025 CEO IR Day at The Westin Singapore on September 17, marking its third consecutive year in the city. The event reinforced the company’s long-term commitment to Southeast Asia expansion, AI-powered retail transformation, and shareholder value creation. Lotte Shopping’s Global Vision Vice Chairman and Group…
Crypto Crime Syndicate Targets BTS’s Jungkook South Korean police have arrested 18 suspects linked to a $28 million hacking ring accused of stealing from celebrities and executives. Among the victims was BTS star Jungkook, whose HYBE shares were targeted in an $8.4 million fraud attempt that was foiled before losses occurred. Authorities say the syndicate…
South Korea Moves to Legalize ICOs A South Korean lawmaker has introduced draft legislation that could bring back initial coin offerings (ICOs) and create a broader regulatory framework for digital assets. Proposed by Democratic Party lawmaker Lee Kang-il, the bill would replace the 2017 ICO ban with a disclosure-based system. It defines nine categories of…
The Raid That Stunned an Ally Nearly 500 armed officers stormed Hyundai Motor Group’s EV battery plant construction site in Georgia, detaining 475 workers—most of them South Korean nationals. Workers described the raid as chaotic, with some hiding in ducts and others fleeing into a sewage pond before being caught. The incident immediately froze construction…
Robinhood Signals a Potential Listing A significant rally has been sparked in the Ondo Finance (ONDO) token after Robinhood, a major trading platform, added a dedicated landing page for the project on its website. This move, which was intercepted by tracking bots, strongly signals that a full listing may be imminent, even though Robinhood has…
South Korea’s Crypto Landscape in Flux The cryptocurrency market in South Korea is currently experiencing a dynamic period, marked by a palpable shift in investor confidence. This change has been significantly influenced by recent regulatory developments and the overall sentiment of investors within the nation, which stands as the world’s sixth-largest economy. South Korea has…
The South Korean Bitcoin market has entered an unusual “discount mode,” with prices consistently trading below the global average for 12 consecutive days. This marks the deepest and most sustained “Kimchi discount” observed in 2025, a stark contrast to the historical “Kimchi premium,” where Bitcoin typically fetches higher prices in the region. This price deviation…
Cryptocurrency ownership in South Korea is experiencing a significant surge, with a substantial 27% of individuals aged 20 to 50 now holding digital assets. This notable increase is highlighted by new research from the Hana Institute of Finance, which also reveals that a strong 70% of these investors intend to expand their crypto holdings. Bitcoin…
