A Korean Bank Just Wrote a $730M Check Into Crypto. Here’s Who Got Paid

Hana Financial Group, one of South Korea’s four largest banking conglomerates, announced on May 15 that its flagship Hana Bank has approved the purchase of a 6.55% stake in Dunamu — the operator of Upbit, South Korea’s dominant crypto exchange — from Kakao Investment for approximately 1 trillion Korean won, equivalent to roughly $670 million, […]

US spot Chainlink ETFs hold $123M with zero outflows since launch as the reserve crosses 3.65M LINK. Is a 10x move to $100 LINK on the table? The money went in. None came back out. US spot Chainlink ETFs are holding $123M in total assets. Not a single dollar has exited since launch, according to […] The post Zero Outflows. $123M Locked. The Chainlink ETF Story Nobody Is Talking About appeared first on Live Bitcoin News.

The post South Korea sets July deadline for tokenized securities rules appeared on BitcoinEthereumNews.com. South Korea’s Financial Services Commission plans to release detailed tokenized securities rules in July.  Summary South Korea plans to release detailed tokenized securities rules in July before the 2027 legal rollout. The FSC is studying tokenized stocks, bonds and MMFs while building investor-protection rules for issuance. Samsung SDS is building KSD’s token securities platform as Korea prepares blockchain-based market infrastructure. The rules will support the amended Capital Markets Act and Electronic Securities Act, which are scheduled to take effect on February 4, 2027. The FSC discussed the plan at the second public-private tokenized securities council meeting on May 15. Local reports said the council reviewed issuance, trading, settlement and infrastructure rules before the legal framework starts. Fractional products may get wider scope The FSC is preparing to allow some

South Korea’s FSC plans July tokenized securities rules before a 2027 rollout covering stocks, bonds, MMFs and fractional assets.

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-

The post OKX Eyes Major Stake in South Korea’s Coinone Exchange appeared on BitcoinEthereumNews.com. 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.

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 […] The post South Korea to Launch Tokenized Securities Rules This July appeared first on Live Bitcoin News.