Address
5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
The Korean government has introduced a new reporting requirement that directly links cryptocurrency liquidation with real estate purchases. Under the New Housing Supply Expansion Plan announced on September 7, any individual who converts virtual assets into cash to buy property…
The U.S. Supreme Court has dismissed the Harper v. Faulkender case, effectively endorsing the Internal Revenue Service’s (IRS) authority to monitor cryptocurrency transactions. By applying the third-party doctrine, the Court ruled that blockchain records, much like bank statements, do not…
The cryptocurrency market on August 22 showed a cautious mood, with Upbit’s overall sentiment index holding steady at a neutral 51. Investor activity slowed as trading volumes weakened and short-term buying pressure eased, keeping the market in a watchful state…
Prediction market platform Polymarket has appointed Donald Trump Jr. as an advisor while securing a multimillion-dollar investment from conservative venture firm 1789 Capital. The move is seen as a strategic effort to balance between regulation and politics, with Trump Jr.…
Global blockchain mainnet XPLA announced the introduction of the Model Context Protocol (MCP), designed to connect artificial intelligence (AI) with blockchain. MCP is an open protocol that enables AI models to interact with external data sources and tools in a…
Over $600 million flowed into the global cryptocurrency market within a single day, primarily through USD and the stablecoin USDT, fueling buying pressure in Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH). USD inflows totaled $104.2 million, mostly directed toward BTC…
A growing number of companies are adopting the Digital Asset Treasury (DAT) model by strategically accumulating Bitcoin and Ethereum. These firms generate returns through methods like staking and crypto-backed lending, offering institutional investors such as pension funds and insurers a…
Korea’s financial authorities have raised concerns over the recently launched crypto lending services by Upbit and Bithumb, citing legal uncertainties and insufficient investor protections. The services allow users to borrow coins they don’t own and sell them short, essentially enabling…
In Q2 2025, Asian countries have emerged as active players in the global Web3 landscape, striving to balance regulation and innovation. Korea is seeing heightened policy attention around KRW-based stablecoins, alongside growing involvement from traditional financial institutions and foreign exchanges.…
As momentum builds around the issuance of KRW-based stablecoins, experts emphasize the need to shift from a centralized, deposit-based model to a technology-driven decentralized ecosystem. Kim Hyung-joo, Executive Director of the Korea Blockchain Industry Promotion Association, called for the Financial…
