South Korea’s financial regulator now requires crypto exchanges to check and verify customer asset balances every five minutes following an overpayment mishap earlier this year that damaged market confidence.
SBI Holdings has launched XRP Ledger research with DSRV to strengthen Japan–Korea remittance rails and pursue cross-border regulatory harmonization. The collaboration aims to improve settlement efficiency and regulatory alignment for regional payments.
Korea Investment & Securities has entered preliminary talks to buy an equity stake in Coinone, South Korea’s third-largest crypto exchange, the Herald Economy reports. The potential tie-up highlights rising institutional interest from traditional brokers in the local crypto industry.
The Flow Foundation asked a court to prevent Korean exchanges from delisting FLOW, saying major global platforms have already resumed trading. The filing aims to preserve liquidity and market access for Korean holders.