South Korea will release tokenized securities issuance rules in July. The rules will allow portfolio-style fractional investment securities backed by similar assets. A public-private council is drafting the framework for issuance, trading, and settlement. The Financial Services Commission (FSC) of South Korea is concluding an historic transformation in the country’s digital economy. The regulator will […]
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XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-
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The post OKX Eyes Major Stake in South Korea’s Coinone Exchange appeared first on Coinpedia Fintech News Crypto exchange OKX is reportedly discussing a strategic investment in Coinone, South Korea’s third largest cryptocurrency exchange, according to Yonhap News. OKX and Korea Investment & Securities may each acquire roughly 20% stakes through a new share issuance deal. Coinone confirmed ongoing talks with several firms regarding potential equity partnerships but said no agreement has been finalized. The move could strengthen OKX’s presence in South Korea’s tightly regulated crypto market while boosting Coinone’s competitiveness against larger domestic rivals amid rising institutional digital asset interest globally. Source: https://coinpedia.org/crypto-live-news/okx-eyes-major-stake-in-south-koreas-coinone-exchange/
South Korea's FSC is preparing detailed rules for tokenized securities before a legal framework for blockchain-based securities takes effect in February 2027.
OKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…
The post OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region appeared on BitcoinEthereumNews.com.
OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region | Bitcoinist.com
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South Korea’s transformation over the past year has been nothing short of remarkable. The KOSPI has evolved from one of the developed world’s most overlooked equity markets into the single hottest destination for global capital. This shift reflects far more than investor sentiment: it signals a fundamental reappraisal of Korea’s role in the global economy. In 2025, the KOSPI delivered a staggering 75% annual return, making it the best-performing major stock index in the world. Rather than cooling off, the momentum accelerated into 2026. By mid May, the benchmark had already gained another 88% year-to-date, massively outperforming most global peers, as Seoul continued to attract waves of foreign capital and retail speculation. While most of the rise of the KOSPI since 2025 has been driven by artificial intelligence, there are other important social and political factors to take int
