Tag: South Korea

Do Kwon Set to Plead Guilty in $40B TerraUSD Collapse Case

Do Kwon to plead guilty to fraud charges over the $40B TerraUSD collapse.Collapse triggered a 15% market-wide crypto value...

KakaoBank Eyes Won-Backed Stablecoin Amid South Korea’s Crypto Boom

KakaoBank explores a won-backed stablecoin amid South Korea’s regulatory shift.The move taps into a $2.8 billion crypto market with...

South Korea Pioneers Korean Won Stablecoin with Major Bank Consortium

In a groundbreaking move, eight of South Korea’s leading banks, including KB Kookmin and Shinhan, have joined forces with...