other
South Korea's anti-money-laundering regulator that oversees bank secrecy compliance and VASP registration for crypto exchanges.
No evidence-backed relationships are recorded.
South Korea's five big crypto exchanges traded about 20.5 trillion won in the week to Oct. 2, down 19.56% from the week before. At about 2.9 trillion won a day, the week ran at the first-half average regulators reported on Oct. 1, so trading is back at the year's pace after one busier week.
Reality
MoonPay is pursuing stablecoin, remittance and payments work with KB Financial, Woori Bank and KakaoBank after opening a Korean entity in September. Its one-vendor pitch faces three other global entrants and four Korean firms, most of them selling banks a single layer of the stack.
Reality
Korea's licensed crypto exchanges lost 78% of operating income and a third of their combined market capitalization in H1 2026, a regulator survey shows. Bitcoin fell by the same third over the half, so the case for an exodus to offshore leverage has to rest on won deposits and turnover, figures that fit a move into Korean stocks just as well.
Reality
The KRW1 white paper says issuance and redemption sit inside the anti-money-laundering registration BDACS already holds. Korea has not legislated who may issue a won stablecoin, and regulators plan to look into the wording.
Reality
Korea's FIU accepted BitGo Korea's registration on the 18th, the first foreign digital-asset firm to register directly through a domestic subsidiary instead of buying one.
Perspective Coverage
3 publishersReality
The KoFIU and the Financial Supervisory Service are examining how KRWQ Gifts turns a won-pegged offshore token into mobile vouchers at about 90 Korean brands with no KYC, roughly three weeks after a newspaper reported it.
Reality
A ten-lawmaker bill would let anyone report unregistered crypto firms to Korea's FIU, a 2,567-investigator agency opens in October, and Polymarket has been called illegal gambling.
Reality
Ten lawmakers want the FIU to file its own criminal complaints against unregistered crypto operators. Police had dropped 23 of 25 referrals, mostly because the targets sat overseas.
Reality