News linked to both this project and an event.
According to the official announcement, Bithumb will launch the SPX (SPX6900)/KRW trading pair.
According to the official announcement, Upbit will launch SPX trading pairs against KRW, BTC, and USDT.
According to the official announcement, Bithumb will list the SPACE/KRW trading pair.
According to the official announcement, Bithumb will list the CTR/KRW trading pair.
According to the official announcement, South Korean crypto exchange Upbit will list the BABY token on its KRW market, with trading commencing at 20:00 local time on June 5.
According to the official announcement, Bithumb will list the SLX/KRW trading pair.
According to the official announcement, Upbit will list SLX/KRW, SLX/BTC, and SLX/USDT trading pairs.
According to the official announcement, Bithumb will list the HNT/KRW trading pair.
According to the official announcement, Upbit will list the IO/KRW trading pair.
According to the official announcement, Bithumb will list the BILL/KRW trading pair.
According to Yonhap News Agency, KB Financial Group announced that it has successfully completed a full-process technical proof-of-concept (PoC) for the Korean won (KRW) stablecoin—from issuance and offline payments to merchant settlement and cross-border remittances—in collaboration with electronic payment provider KG Inicis, the Kaia public blockchain, and digital asset solutions provider OpenAsset. This PoC upgraded the internal settlement infrastructure to a blockchain-based system while preserving customers’ existing financial service habits. Real-world payment scenarios were implemented via self-service kiosks at the连锁 coffee chain Hollys: consumers need not install a digital wallet and can simply make QR-code-based payments, with blockchain smart contracts automatically executed during settlement. In the cross-border remittance validation, KRW stablecoins were first converted into USD stablecoins using liquidity on the Kaia chain, then transferred by local Vietnamese partners into actual bank accounts. The entire process took only three minutes and reduced fees by approximately 87% compared to traditional SWIFT-based methods.
According to the official announcement, Upbit will list IRYS/KRW, IRYS/BTC, and IRYS/USDT trading pairs.
Odaily Planet Daily reported, according to the official announcement, that Upbit will list UP2 in KRW, BTC, and USDT trading pairs.
According to The Block, the Korean won (KRW)-denominated stablecoin KRWQ has announced its expansion to the Solana network to support on-chain KRW liquidity. KRWQ was jointly developed by IQ and Frax. The team stated that this deployment will position KRWQ as the core settlement asset for KRW liquidity on Solana. KRWQ will support a variety of KRW-denominated trading applications on Solana, including perpetual futures, on-chain foreign exchange markets, arbitrage strategies, cross-margin trading between KRW and USD stablecoins, and institutional and algorithmic trading systems.
According to the official announcement, Upbit will list VVV trading pairs against KRW, BTC, and USDT.
According to the official announcement, Bithumb will list the PROS/KRW trading pair.
According to the official announcement, Upbit will list PROS trading pairs against KRW, BTC, and USDT.
According to ZDNet, the South Korean government plans to impose taxes on virtual assets starting in January next year, but faces opposition from the opposition party, increasing policy uncertainty. Moon Kyung-ho, head of the Income Tax Division at the Ministry of Economy and Finance, made the government’s first official statement on the matter during a National Assembly discussion, affirming that taxation on virtual assets will proceed as scheduled beginning January 1, next year, emphasizing that “income must be taxed.” Under the current amendment to the Income Tax Act, gains exceeding 2.5 million KRW from the transfer or lending of virtual assets are subject to a 22% tax rate. However, the opposition People Power Party argues that taxing only virtual assets—while abolishing the financial investment income tax—is unfair, and is advancing a bill to abolish the virtual asset income tax. This bill has already been submitted to the National Assembly’s Committee on Strategy and Finance and will be discussed by its Tax Subcommittee. Analysts believe that, ahead of next year’s local elections, the ruling party may join discussions on delaying or scrapping the tax to win support from younger voters.
According to the official announcement, Upbit will list the B3/KRW trading pair.
According to the official announcement, Bithumb will list the MEGA/KRW trading pair.