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Updated 07:12 PM UTC

HANAHANA

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Can Samsung and Dunamu Build Stablecoin Infrastructure Before Korea Passes a Law?

Samsung SDS is in talks with Dunamu, the operator of Upbit, to build stablecoin issuance and settlement infrastructure, tokenized-securities systems, and AI-based payment tools, chief executive Lee Jun-hee said during the company’s second-quarter earnings call on July 30. Why it ...

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South Korea Successfully Completes Project Agora Cross-Border Payment Trials

South Korea successfully tests Project Agora with tokenized reserves across six currencies, involving 28 institutions in live cross-border payment scenarios. The post South Korea Successfully Completes Project Agora Cross-Border Payment Trials appeared first on Blockonomi.

Blockonomi

Korean Firms Choose Digital Asset Roles as Market Awaits Final Rules

TLDR: Korean institutions are choosing settlement, custody, or issuance roles before rules finalize. KB Financial completed a won-backed stablecoin trial covering issuance and remittance. Hana and Samsung invested a combined $1.08 billion into Upbit, Korea’s top exchange. Circle ...

Blockonomi

JCB and Circle begin USDC pilot for business and retail payments

JCB has partnered with Circle to test USDC for internal treasury transfers and merchant payments in Japan, extending stablecoin use into cross-border corporate settlement and retail transactions. A July 14 statement from JCB said the Japanese payments company has signed…

crypto.news

Circle hosts Seoul event to deepen ties with Korean financial firms

Circle is looking to expand its South Korea outreach by organising an invitation-only industry event in Seoul later this month as it pursues new partnerships with banks, crypto exchanges and payments firms. According to industry officials cited by The Korea…

crypto.news

South Korea Starts 24-Hour Won Trading In Market-Access Push

South Korea officially launched 24-hour onshore dollar-won trading on Monday, opening a round-the-clock weekday FX market as Seoul tries to pull more global liquidity into the won. The new system allows uninterrupted trading in the spot dollar-won market from 6 a.m. Monday in Seo...

Crypto Adventure

Kiwoom eyes Bithumb stake as Korean brokerages push into crypto: Report

Kiwoom Securities is reportedly seeking to acquire a stake in the crypto exchange Bithumb, while South Korea’s financial regulators are preparing to announce new regulatory reforms in July.

Cointelegraph.com News

South Korea Sees Kiwoom Pursue Bithumb Stake Ahead of Planned 2028 IPO Push

Kiwoom negotiates strategic Bithumb stake ahead of planned 2028 public listing. Institutional investors expand cryptocurrency exchange holdings across South Korea’s financial sector. Proposed crypto regulations could reshape exchange ownership before Bithumb’s public market debut...

36Crypto

South Korean Brokerage Kiwoom Securities Pursues Major Bithumb Investment Deal

Kiwoom Securities negotiates stake purchase in Bithumb exchange as South Korean financial institutions accelerate crypto market entry through 2026. The post South Korean Brokerage Kiwoom Securities Pursues Major Bithumb Investment Deal appeared first on Blockonomi.

Blockonomi

Kiwoom Securities eyes stake in South Korean crypto exchange Bithumb

South Korean brokerage Kiwoom Securities has entered negotiations to acquire a stake in cryptocurrency exchange Bithumb through a planned purchase of newly issued shares, local media reported on Monday. According to a ChosunBiz report, Kiwoom and Bithumb are discussing a…

crypto.news

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