South Korea

South Korea’s major banks are preparing to launch stablecoin services ahead of new laws that will allow them to operate in the digital asset market. They are forming teams and partnerships to move quickly once the regulations are in place.

Supertone showed how its AI can turn any voice into a polished K-pop-style performance, even if the person cannot sing. The South Korean startup, now owned by BTS’s label HYBE, lets artists create new singing voices by adjusting pitch, tone, and emotion using AI tools.

The US and South Korea agreed to a $350 billion trade and investment deal, with most of the funds controlled by the US. South Korea accepted lower tariffs and promised major energy purchases, while also opening doors for its firms to expand in America.

Both bills call for integrating won-based stablecoins into South Korea’s financial regulatory framework by placing them under the supervision of the Financial Services Commission (FSC), the country’s chief financial regulator.

Park Gyuri denied being involved in the Pica Coin fraud case linked to her ex-boyfriend and said she only helped promote art. She told the court she lost money after buying the coin and claimed she didn’t know it was part of a crypto project.

Prosecutors in South Korea are investigating former First Lady Kim Keon-hee over possible links to a major crypto fraud case. They suspect her associates may have worked with a market manipulator behind scam coins that cost investors millions.

ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.

XRP has just experienced a significant rally with the price of the token jumping from $2.60 to $3.00. But this rally wasn't driven by major exchanges like Binance or Coinbase, but South Korea's Upbit.

The South Korea's Ministry of SMEs and Startups is hoping to rewrite the Korean stereotype of digital assets, by offering a proposal to recognise crypto-related business in the country as a venture company.

Polaris Office has filed 102 trademark claims in South Korea for its upcoming won-pegged stablecoin, POLAKRW, as it expands into digital finance. The move comes as tech and banking firms rush to prepare for new stablecoin laws expected soon under the country's tighter crypto rules.