Cryptopolitan on MSN
Major firms redirect focus as South Korea formally legalizes tokenized securities
South Korea has approved a legal framework for tokenized securities, which formally recognizes blockchain-based issuance and tokenized assets within the existing financial system. The National ...
South Korea's Democratic Party finalizes Digital Asset Basic Law requiring 5 billion KRW minimum capital for stablecoin issuers and creates Virtual Asset Committee for market oversight.
South Korea ends nine-year corporate crypto ban, allowing listed firms to invest up to 5% of equity in top-20 cryptocurrencies.
South Korea's crypto bill requires stablecoin issuers to hold $3.5M minimum capital, targeting February submission amid BOK concerns.
South Korea considers domestic virtual asset issuance as the central bank warns that stablecoins may disrupt capital flows ...
SEOUL] South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like ...
The W2.55trn (US$2.15bn) IPO of Kakao Bank, South Korea’s largest digital-only lender, passed tough regulatory scrutiny and set a positive tone in a record year for the country’s IPO market. Kakao ...
South Korea’s FSC reportedly shared guidelines allowing listed companies to invest up to 5% of equity in the top 20 cryptocurrencies, ending a 2017 ban. South Korea’s Financial Services Commission ...
The Korean IPO market had a dismal year in 2023 with a few high-profile issuers deciding early on not to take their deals forward, while many others either cut their fundraising targets or withdrew ...
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