PANews, July 3rd, reported that MoneyS has stated that South Korea's KB Kookmin Card has submitted 35 trademark applications related to stablecoins, involving names such as "KBCSTB", "KBCST", and "KBCKRW". This move is part of a broader strategy by the South Korean credit card company to gain an advantage in the anticipated KRW-pegged stablecoin market. KB Kookmin Card is the second major credit card issuer in South Korea to enter this field, following Shinhan Card.

PANews June 26 news, according to the Korea Herald report, South Korean prosecutors raided a group suspected of earning billions of won in fees through unregistered forex operations, seizing crypto assets worth 4.4 billion won (approximately 3.2 million USD), including Ether. The group is suspected of conducting illegal currency exchanges over the past six years, profiting from transaction fees by receiving personal funds and using online payment platforms to deposit into different currency accounts.

ChainCatcher news, Lair Finance announced that it will become the first DeFi protocol integrated with the Korean Won (KRW) stablecoin on Kaia, and will be the first to build a dedicated KRW yield vault (KRW Vault). The KRW stablecoin is jointly promoted by South Korean tech giants Kakao and LINE, marking an important move in the on-chain finance sector. After the announcement, 12

Jin10 reports that the Governor of the Central Bank of Korea, Lee Chang-yong, does not oppose the Korean won being pegged to a stablecoin.

Jin10 reported on May 29 that Hanmi Semiconductor announced it has signed a supply contract for packaging equipment with ASE Group, with a contract amount of 80.456 billion KRW, equivalent to 1.44% of Hanmi Semiconductor's revenue in 2024.

According to ChainCatcher news and reported by South Korean media News1, South Korean actress Hwang Jung-eum has been sued for allegedly misappropriating company funds and investing in Crypto Assets. The prosecution accused Hwang Jeong-eum of embezzling approximately 4.34 billion won (about 3.2 million USD) in company funds as of December 2022, which includes 700 million won borrowed under the guise of an advance payment. Hwang Jeong-eum has admitted to the related charges and is currently being prosecuted without detention.

According to ChainCatcher news and a report from Bithumb, due to some Virtual Asset Service Providers (VASP) suspending their Travel Rule solution services, it is no longer possible to withdraw virtual assets worth more than 1 million KRW to VASP.

Asian currency shortsPosition fell to multi-month lows, weighed down by the easing of the global trade war and the rise of risk appetite. The bearish position of the Singapore dollar is the lowest since 2024, while the South Korean won is the lowest in early October last year. The Thai baht outperformed, pumping more than 2%, but the market remained cautious about it, affected by gold prices and political uncertainty in the United States.

PANews, July 1st news, according to Edaily, South Korean fintech startup Travel Wallet has signed a Memorandum of Understanding (MOU) with the Layer1 Blockchain platform Avalanche to jointly explore the development of a Korean won-based and Programmability stablecoin. As part of the collaboration, Travel Wallet plans to issue a stablecoin pegged 1:1 to the Korean won and use smart contracts to design a programmable stablecoin.

BlockBeats news, on June 17, reported by The Block, that a South Korean court announced on Tuesday that Haru Invest CEO Lee Hyung-soo was found not guilty, dismissing the fraud charges against him. Lee Hyung-soo was previously facing fraud charges after Haru Invest suddenly closed user withdrawal channels and shut down its office in June 2023. It was alleged that the company attracted thousands of investors by promising "full principal refund" and high returns of up to 25% annually. The South Korean prosecution initially charged the company with illegally obtaining 1.39 trillion won (approximately 1.02 billion USD) from about 16,000 investors, but later reduced the amount to 880.5 billion won (approximately 650 million USD) in the formal indictment, involving about 6,000 people.

On February 18, Jinshi Data News, Samsung submitted regulatory documents on February 18, showing that Samsung Electronics will repurchase 48.1 million common shares worth 27 trillion won and 6.6 million preferred shares worth 304 billion won. This repurchase is part of Samsung's 100 trillion won repurchase plan announced last year.

Circle Internet Group is highly sought after among retail investors in South Korea, with a cumulative purchase of $450 million in June, and its stock price has risen over 500% since its listing. This phenomenon is related to the reform of the legalization of the Korean won stablecoin, and KakaoPay's stock price also rose by 160% during the same period.

Odaily News Bitcoin investment company Parataxis Holdings LLC announced that it has reached a final investment agreement worth 25 billion Korean won with Bridge Biotherapeutics, Inc. This transaction gives it control over the latter, and after the deal is completed, Bridge Biotherapeutics will be renamed Parataxis Korea and continue to be listed on the KOSDAQ market in South Korea. The company is expected to announce more details about this transaction after holding a shareholders' meeting in August. (PRNewswire) According to previous news, Parataxis Holdings LLC plans to merge with the special purpose acquisition company SilverBox Corp.

PANews, May 16 news, according to Money Today, a woman in her 40s from South Korea was sentenced to two years in prison by the Jeju District Court for secretly transferring her boyfriend's Crypto Assets worth 700 million KRW (500,000 USD) to her own name. In January of this year, she transferred the funds without her boyfriend's knowledge, and the court found her guilty of fraud.

Jin10 reported on May 2 that the Korean won has broken the key psychological barrier of 1400 against the US dollar, as the possibility of trade negotiations in the United States boosted the market sentiment for risk assets in the region. The US dollar fell by 1.9% against the Korean won at one point, reporting 1396.60, the lowest level since December of last year.

Pyth Network has launched multiple on-chain real-time prices for forex, including emerging market currencies such as the Chilean Peso, Colombian Peso, and Indonesian Rupiah. This initiative breaks the monopoly of banks and institutions on forex data, drops the cost of access, and promotes DeFi innovation. DeFi protocols can utilize this data to build forex derivations, stablecoin applications provide fairer Exchange Rate conversions, and businesses can hedge currency risks without bank support, connecting DeFi and the TradFi system, realizing the vision of a borderless global financial market.

KakaoPay's stock price has risen over 200% in the past month, benefiting from expectations of its entry into the stablecoin space. The company has submitted six stablecoin patent applications covering multiple service areas while following policy dynamics to address potential regulatory changes.

Odaily News South Korea's payment giant Kakao Pay has submitted 18 trademark applications related to "KRWKP" to the Korean Intellectual Property Office, covering service categories such as stablecoin names, payment settlement, and crypto assets wallets. Analysts believe that this move may be aimed at preparing for the launch of its own Korean won stablecoin. Kakao Pay responded that the trademark registration is a proactive protective measure to address future diversified business, and there are currently no specific business plans. (Seoul Economic Daily)

PANews June 9 news, KaiaChain Chairman Sam Seo stated on social media that following the launch of the native USDT, the team will fully promote the issuance of the Korean won (KRW) stablecoin on the Kaia Mainnet, claiming "The summer of Kaia's stablecoin has just begun." He also added that Kaia's predecessor Klaytn had participated in the Central Bank's CBDC project, laying the technical foundation for the stablecoin. Driven by this news, the KAIA token rose 17% in 24 hours, priced at 0.124 USD.

On June 9, South Korea's presidential office said that South Korean President Lee Jae-myung urged officials on Monday to quickly develop a supplementary budget plan aimed at supporting economic recovery and stimulating consumption. Lee Jae-myung, who took office last week, has made reviving the economy a top priority, setting up an emergency economic task force composed of government officials. South Korea's economy shrank in the first three months of the year as exports and consumption stagnated amid concerns about the impact of U.S. tariffs, triggering expectations of interest rate cuts. If the additional budget is finalized under Lee Jae-myung's leadership, it will add to the country's earlier supplementary budget of 13.8 trillion won ($9.7 billion) approved on May 1. During the election campaign, Lee stressed the need for an additional budget to provide short-term economic stimulus.

The Bank of Korea emphasizes that it should intervene from the initial review stage when launching a stablecoin supported by the Korean won to reduce negative impacts on Central Bank policy. Stablecoins may affect monetary policy, financial stability, and payment Settlement.

The South Korean government has announced that it will increase vital support for the semiconductor industry to 33 trillion won to help companies address the rising costs in global competition. This decision comes in response to the increasing uncertainty of U.S. policies, raising the financial aid plan for the chip industry to 20 trillion won.

The South Korean Ministry of Science and ICT plans to raise a 40 billion won Metaverse fund, focusing on investing in technology companies that realize Metaverse products and services, with the government contributing 23 billion won and the private sector contributing 17 billion won. The management company must primarily invest in small and medium-sized enterprises in technologies such as XR, AI, digital twins, and Blockchain, with an investment ratio exceeding 60%, and also invest more than 50% in AI integration or overseas companies. This initiative aims to promote the development of the Metaverse industry.

The South Korean Ministry of Science and ICT plans to raise 40 billion KRW for a Metaverse fund, including contributions from both the government and the private sector, focusing on investing in XR, AI, digital twins, Blockchain, and other technology SMEs, with an investment ratio exceeding 60%. Management companies are required to invest more than 50% in AI integration or overseas companies to support international expansion.

PANews, June 18 - According to Kaiko data, as of this month in 2025, the crypto trading volume in South Korean Won (KRW) has reached $663 billion, making it the second largest crypto assets market in the world, following the United States dollar ($832 billion). About one-third of South Korean adults hold crypto assets, which is double that of the United States, indicating a growing influence in politics and economics. However, structural issues such as market fragmentation, low stablecoin adoption rates, and Kimchi Premium continue to constrain institutional participation and product innovation.

BlockBeats news, on May 21, South Korean presidential candidate Lee Jae-myung proposed the issuance of a stablecoin based on the Korean won. (Jin10)

U.S. officials did not include exchange rate policies in the terms of the global trade agreement negotiations, raising concerns in the forex market. Treasury Secretary Basant is the only official responsible for exchange rate matters and has not authorized other officials to engage in exchange rate policy discussions. This situation has led to significant fluctuations in the forex market, with the Korean won and Japanese yen exchange rates soaring, and the New Taiwan dollar's rise reaching a decades-long high.

South Korea's forex reserves in April fell to the lowest level in five years, at $404.67 billion, marking the largest monthly drop since April 2020. Forex swap trading and U.S. tariff policies have impacted the decrease in forex reserves. The won, affected by demand for the dollar, fell to its weakest level in 16 years in April, before rebounding by 3.3%.

BlockBeats News, on April 16, according to local media reports, South Korea's National Power Party presidential candidate Hong Joon-pyo promised at a press conference at the Yeouido campaign office on the 16th that at least 50 trillion won (about 240 billion yuan) will be invested in research and development in the fields of artificial intelligence, quantum technology and blockchain in the next five years, aiming to achieve "super-gap technology-led growth". He made it clear that he would follow the example of the Trump administration in the United States to drastically deregulate and promote blockchain and virtual assets as independent industries, and introduce blockchain technology into the public sector and administrative services. Hong Joon-pyo emphasized that the virtual asset industry will become a new growth point for the Korean economy. Hong also proposed a "no threshold for new industries" system, which allows new technologies and new businesses to enter the market without prior government approval, which is expected to provide a more relaxed innovation environment for blockchain start-ups. In addition, he plans to abolish the weekly

Affected by the U.S. tariff policy, the exchange rate of the South Korean won against the U.S. dollar has reached its lowest level since March 2019, temporarily falling to 1486.3. Although the South Korean government has initiated tariff negotiations, uncertainty still persists.

Odaily News The Nikkei 225 index fell by 3% during the day, currently reported at 32014.03 points. Meanwhile, the exchange rate of the Korean Won against the US Dollar fell to the lowest level since March 16, 2009. (Jin10)

PANews, May 12 - According to a report by Yonhap News Agency, the Bank of Korea emphasized that if a stablecoin backed by the Korean won is launched, the central bank should intervene from the initial approval stage. Ko Kyeong-cheol, head of the Bank of Korea's electronic finance team, stressed at a recent financial law conference that stablecoins could have a significant impact on the central bank's ability to implement policies related to monetary policy, financial stability, and payment Settlement. He emphasized that the Bank of Korea should play a role in the approval process to minimize the potential negative impact of digital assets on the central bank's policy objectives.

According to data from Jin10 on May 4, the Bank of Korea reported that the exchange rate of the Korean won against the US dollar experienced severe fluctuations in April due to the US tariff policy, with a daily average fluctuation of 9.7 won, the highest level since November 2022. Data shows that the average daily fluctuation of the won against the dollar for that month was 9.7 won, with a volatility rate of 0.67%, more than doubling from March (4.3 won, 0.29%), reaching a new high since November 2022. In November 2022, the exchange rate experienced even greater fluctuations due to expectations that the Federal Reserve may slow down interest rate hikes, with a daily average fluctuation of 12.3 won.