Congressional Republicans warn that South Korea's new legislation could advantage Chinese tech firms over U.S. companies, ...

South Korea's central bank paused its central bank digital currency (CBDC) project after President Lee Jae Myung’s ...

New legislation regulating stablecoins could reshape huge parts of the banking and payments system both domestically and ...

In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case has signaled that the GENIUS Act ...

The GENIUS Act represents more than just regulatory reform—it signals a decisive shift in how the U.S. approaches digital ...

Bank of Korea halts CBDC project as support grows for won-pegged stablecoins. Eight major banks now plan a stablecoin launch.

Eight commercial South Korean banks have joined to establish a won-linked stablecoin comprising two initial models.

Eight of South Korea’s leading banks are planning to issue a Won-backed stablecoin. The largest bank in the country has already applied for stablecoin trademarks. The global sta ...

COIN and CRCLE are some of the US crypto stocks surging after the GENIUS Act passed, signaling strong growth in the crypto ...

Kakao subsidiary KakaoPay is entering the stablecoin sector with the 18 trademark applications filed for the Korean Won ...

The head of South Korea’s central bank reportedly said he isn't against the issuance of a won-pegged stablecoin, but was wary of possible foreign exchange issues.