South Korea has clinched the title of Asia’s top-performing stock market in the first half of 2025, a remarkable rally propelled by an aggressive embrace of digital assets. Under the new leadership of President Lee Jae-myung, the nation’s economic policies have undergone a dramatic transformation. This surge is largely attributed to Lee’s pro-crypto stance and…
More than a quarter of South Koreans aged 20 to 50 now own digital assets, with their crypto investments constituting 14% of their total financial portfolios, according to a recent report from the Hana Institute of Finance. The study, titled “2050 Generation’s Virtual Asset Investment Trends,” reveals that interest in crypto spans various age groups.…
Just days after President Lee Jae-myung’s inauguration, South Korea’s Democratic Party has introduced a bold new legislative package aimed at transforming the country’s digital asset landscape. The proposed Digital Asset Basic Act, formally submitted on June 10, sets out to establish a comprehensive regulatory framework for cryptocurrencies, stablecoins, and digital asset service providers. Lawmaker Min…
Hwang Jung-eum Apologizes After Embezzling ₩4.3 Billion for Cryptocurrency Investment SEOUL— South Korean actor Hwang Jung-eum, best known for her lead roles in popular dramas, has publicly apologized after admitting in court to embezzling billions of won from her own company to invest in cryptocurrency. In a heartfelt statement released through her agency, Y.One Entertainment,…
Cryptocurrency Goes Popular in South Korea’s Election Cryptocurrency is the main topic of conversation in South Korea as presidential elections draw near, set for June 3. Kim Moon-soo, the People Power Party candidate and former labor minister, has raised eyebrows with his proposals of integrating digital currency into national economic policy. According to statistics, as…
In a shift fueled by the rise of new assets, South Korean presidential hopefuls are making unusual attempts to connect with crypto investors. With around 16 million and one in three voters as ‘crypto friends,’ this group is further encouraged to spend their resources during the June 3 election. According to a report by Point…
South Korea, Vietnam, Malaysia, Thailand, and Hong Kong are at the forefront of Asia’s surge, spearheading the adoption, governance, and innovation that are transforming global finance. Unlike many parts of the world, Asia is quickly solidifying a primary position in the cryptocurrency and decentralized finance ecosystem. At the forefront of this change are South Korea,…
KuCoin’s cryptocurrency operations have officially launched in Thailand, bringing “KuCoin Thailand” into the local landscape. This new venture is being facilitated by ERX Company Limited, a company already known in Thailand’s digital assets ecosystem. As KuCoin’s local partner, ERX was earlier known as the first digital token exchange in Thailand under SEC regulation. This partnership…
South Korea approaches a pivotal moment with the June 3rd presidential election, casting the nation into further chaos, a direct outcome from Yoon Suk Yeol’s Tsai-ing political landscapes. The nation is fragmented on a societal level and does not exhibit the glimpses of unification that were anticipated after the political upheaval. With the uneased shadow…
With robust consumer involvement and participation from crypto whales, South Korea’s sector was booming. However, the year 2025 brought a politically heavy gale with it. Politically, the nation was already suffering from the economic and diplomatic consequences of former president Yoon Suk Yeol’s impeachment in December 2024, which opened a new floodgate towards more stringent…
