Key Highlights Canton Network is expanding its operational presence in South Korea through new institutional partnerships. Major domestic enterprise and finance giants Shinhan Financial Group, Hanwha, and LG CNS have aligned with the network. The collaboration targets the development and scaling of institutional-grade financial services and digital assets. Canton Network Broadens Footprint Across South Korea ...
Key Highlights: Jeonbuk Bank has become the first commercial bank in South Korea to issue loans backed by Bitcoin collateral to corporate clients. Loans are issued in Korean won and are strictly restricted to covering enterprise operating costs, with custody handled by a registered crypto service provider. Default recovery relies on newly revised Civil Enforcement ...
Key Highlights South Korea’s Ministry of Science and ICT approved nine regulatory sandbox exemptions, including blockchain-based digital currency for public institution operating expenses. Public institutions can now pay promotional and official duty expenditures via QR code smartphone payments, with reconciliation completed simultaneously at transaction time. The measure expands real-world testing of blockchain technology in public ...
Key Highlights Kakao Pay and KakaoBank signed a memorandum of understanding with Fireblocks on September 21, 2026, to explore stablecoin infrastructure and digital asset distribution frameworks tailored to South Korean regulatory requirements. The agreement launches proof-of-concept testing but does not announce a stablecoin launch, investment amount, commercial product, deployment date, or selected blockchain technology. The ...
Key Highlights South Korean blockchain infrastructure provider DSRV has officially joined the XDC Network as an institutional masternode validator after operating a mainnet node for approximately one month. DSRV manages nearly KRW 4 trillion in digital assets and operates validator nodes across more than 70 blockchain networks, while holding registration as a Virtual Asset Service ...
Visitors to Daejeo Ecological Park in Busan’s Gangseo District strolled through fields of fully bloomed pampas grass on September 10, soaking in the autumn scenery as seasonal weather shifts bring sharp temperature swings across South Korea. Chilly Mornings, Mild Afternoons Forecast for September 11 The Korea Meteorological Administration (KMA) forecasts a cold start on September ...