SOUTH KOREA
South Korea, officially known as the Republic of Korea, is located on the Korean Peninsula in East Asia. It is known for its advanced technology, bustling cities like Seoul, rich cultural heritage, and a robust economy driven by industries such as electronics, automotive, and shipbuilding. The country is a democratic republic with a president as head of state. South Korea's education system is highly competitive, and its cuisine, like kimchi and bulgogi, has global recognition. The country also has a strong entertainment industry, known for K-pop and Korean drama. The demilitarized zone (DMZ) separating South Korea from North Korea remains a significant geopolitical focus.
Kbank Tests Ripple Wallet for South Korea Remittances
Kbank partners with Ripple to trial blockchain-based remittances amid South Korea's evolving stablecoin regulatory framework.
Google DeepMind Partners with South Korea for AI Campus
DeepMind teams up with Korea's MSIT to launch an AI Campus focused on scientific breakthroughs, AI safety, and talent development.
South Korea Deploys AI to Track Crypto Taxes Ahead of 2027 Rollout
South Korea's tax agency launches AI-backed crypto monitoring system to enforce upcoming 22% tax on gains, set to take effect in 2027.
Naver-Dunamu $10B Deal Sets 5-Year IPO Timeline for Upbit Parent
Naver and Dunamu's corrected filing reveals IPO committee formation within one year, targeting fintech listing within five years as Upbit parent joins Naver Financial.
South Korea Tests Tokenized Deposits for Government Spending in Q4 2026 Pilot
South Korea's finance ministry will pilot blockchain-based tokenized deposits for government operational expenses in Sejong City, targeting 25% treasury digitization by 2030.
Ripple Partners Korean Insurance Giant Kyobo for Tokenized Bond Settlement
Ripple and Kyobo Life Insurance launch Korea's first blockchain-based government bond settlement pilot as Seoul prepares new tokenized securities framework for 2027.
Coinone Hit With $3.5M Fine, 3-Month Suspension Over AML Failures
South Korea's FIU orders partial business suspension against Coinone for 70,000 unverified accounts and transactions with 16 unregistered foreign exchanges.
NVIDIA AI Day Seoul Highlights: Boosting Korea's Digital Landscape
NVIDIA AI Day Seoul showcased Korea's advancements in AI, attracting over 1,000 participants to explore sovereign AI and its impact on various sectors.
ElevenLabs Expands Voice AI Operations to South Korea
ElevenLabs launches its voice AI technology in South Korea, leveraging the country's advanced tech infrastructure, to enhance natural communication between humans and machines.
Avalanche (AVAX) Expands Its Influence in South Korea's Digital Economy
Avalanche is shaping South Korea's digital economy through partnerships in tokenization, stablecoins, and cultural platforms, highlighting its growing influence in the region.
NVIDIA Partners with South Korea for Massive AI Infrastructure Project
NVIDIA CEO Jensen Huang announces a landmark AI infrastructure initiative in South Korea, involving over 250,000 GPUs and partnerships with major Korean firms.
South Korea and NVIDIA Collaborate to Enhance AI Infrastructure with Over 250,000 GPUs
NVIDIA partners with South Korea to deploy over a quarter-million GPUs, boosting AI infrastructure to drive innovation in industries like automotive and manufacturing.
Bitplanet Acquires 93 BTC in South Korea's First Regulated Purchase
Bitplanet, a publicly listed South Korean firm, initiates a Bitcoin treasury plan with a 93 BTC purchase, marking the country's first regulated acquisition by a public company.
OpenAI Unveils Strategic AI Blueprint for South Korea's Economic Growth
OpenAI has released a comprehensive Economic Blueprint to guide South Korea in leveraging AI for economic expansion, focusing on infrastructure and strategic partnerships.
South Korea Authorities Investigate Crypto Hacking and Illicit Trading on Exchanges
South Korea authorities are investigating cryptocurrencies hacking and illicit trading, focusing on cracking down on such practices, raising concerns about potential consequences for those involved.