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South Korean Deputy Prime Minister and Minister of Strategy and Finance Lee Hyeong-ryeol stated that in response to the virtual asset taxation policy planned for implementation in 2027, various opinions proposed by the National Assembly, as well as those from experts, industry professionals, and relevant stakeholders, will be widely collected. South Korean lawmaker Kim Sang-hoon questioned that several months before the implementation of the virtual asset taxation, the relevant infrastructure is still not fully developed, including insufficient tracking and verification capabilities for trading records on overseas exchanges, DEX, DeFi, and other platforms.Regarding the expected tax revenue scale from virtual asset taxation, Lee Hyeong-ryeol stated that there are indeed parts that are "difficult to accurately grasp." Since taxation requires obtaining taxpayer declaration data first, further tax estimation can only be conducted after the relevant declaration system is launched next year, and a careful evaluation of the related policies will be carried out.

South Korean Deputy Prime Minister and Minister of Strategy and Finance Lee Hyung-ryul stated that in response to the virtual asset taxation policy planned for implementation in 2027, various opinions proposed by the National Assembly, as well as those from experts, industry professionals, and relevant stakeholders, will be widely collected.South Korean lawmaker Kim Sang-hoon questioned that several months before the implementation of virtual asset taxation, the relevant infrastructure is still not complete, including insufficient tracking and verification capabilities for trading records on overseas exchanges, DEX, DeFi, and other platforms. Regarding the expected tax scale brought by virtual asset taxation, Lee Hyung-ryul stated that there are indeed parts that are "difficult to accurately grasp." Since taxation requires obtaining taxpayer declaration data first, further tax estimation can only be conducted after the relevant declaration system is launched next year, and related policies will be carefully evaluated.

On October 8, the spokesperson of the Ministry of Foreign Affairs, Mao Ning, hosted a regular press conference. A Reuters reporter asked about the allegations made by the American cybersecurity company CrowdStrike that Chinese individuals and related institutions used AI tools to attack South Korean financial institutions.Mao Ning stated: "I am not familiar with the specific situation mentioned. As a principle, China has always opposed and legally cracked down on hacking activities, and even more so opposes the dissemination of false information for political purposes." She also stated that artificial intelligence profoundly affects cybersecurity, and the international community should strengthen cooperation and dialogue, formulate new international rules, and jointly maintain cybersecurity.

The U.S. stocks of storage chip company SK Hynix will face the end of the lock-up period on Wednesday, which prohibits the company, its affiliates, and management from selling shares. Meanwhile, the market is questioning how long the storage chip boom can last. The company's American Depositary Receipts recorded their largest drop in three weeks on Monday.As of Tuesday's close, SK Hynix ADR is trading at a 38% premium relative to its domestic Korean shares, the highest among major Asian issuers tracked by Bloomberg. Despite a recent pullback, this price is still more than 20% higher than the listing price. There are currently no signs that the company plans to issue shares again like some Asian artificial intelligence companies have recently done.

According to official news, DeAgentAI's $AIA will be launched on the Bithumb Korean Won market, with the new AIA/KRW trading pair expected to open for trading on October 8 at 14:00 (Korean time, 13:00 Beijing time). At the same time, DeAgentAI is launching the $AIA principal protection staking plan, which allows participation with USDC, and upon maturity, the equivalent amount of USDC will be fully returned according to the rules, with additional rewards of up to 50% of the actual staked amount in AIA.The staking plan offers three pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period being 50%, 40%, and 35% of the actual staked amount, respectively. The first rewards will be distributed uniformly after the end of the current fundraising period in the 3rd, 2nd, and 1st months, and thereafter will be automatically distributed monthly, allowing participants to choose between higher rewards and earlier receipt.The current open limit for staking is 500,000 USDC, with a minimum single transaction of 350 USDC, available in limited quantities until full. Participation requires going through the official page, using USDC on the BNB Chain to buy and stake AIA, and the originally purchased and staked AIA will not be returned upon maturity.

Kaiko and Upbit recently jointly released a report showing that the Korean won accounts for about 25% of the global fiat-denominated cryptocurrency trading volume, second only to the US dollar (approximately 48.70%). On Upbit, a market buy order of 10 million Korean won typically has slippage between 0.005% and 0.02%.The report points out that the South Korean market still primarily relies on fiat-native trading, with KRW trading pairs dominating trading activities. Stablecoins like USDT and USDC are more often used as assets traded against the Korean won rather than as the primary settlement medium. South Korean exchanges are deeply integrated with the banking system through real-name accounts and KYC, allowing users to directly withdraw and deposit in Korean won, reducing the demand for stablecoins as tools for withdrawal and deposit.The report believes that the opportunities for Korean won stablecoins lie in on-chain settlement, cross-border payments, and DeFi scenarios, and may help narrow premiums by improving the efficiency of value transfer across markets. However, adoption still depends on regulations, reserve standards, redemption rights, and exchange integration.

According to official news from Uniswap, the stock tokens for the United States and South Korea issued by Stove Finance have been launched on Arbitrum and are now available for trading on Uniswap Apps, supported by UniswapX.

According to Bloomberg, the office of a South Korean lawmaker cited data from the Financial Supervisory Service of South Korea, indicating that retail investors in South Korea are expected to lose approximately 2.3 trillion won (about 1.7 billion USD) from May 27 to August 14 by tracking single-stock leveraged ETFs and note products related to Samsung Electronics and SK Hynix.Since July, South Korean regulators have implemented measures such as temporarily banning the listing of new leveraged single-stock products, raising minimum cash margin requirements, and strengthening investor education to mitigate the risks associated with these products.

Tokenization platform Securitize announced a memorandum of understanding with South Korean technology company LG CNS, and both parties will collaborate to develop tokenized assets and digital asset infrastructure for South Korean financial institutions, explore tokenized funds, stocks, and stablecoins, and seek relevant opportunities in the Asia-Pacific market. Following the announcement, Securitize (SECZ) saw its stock price rise nearly 8% to about $12.6 in early trading on Tuesday, before retreating. The company went public on the New York Stock Exchange in July this year after merging with special purpose acquisition company Cantor Equity Partners II.This collaboration comes as South Korea prepares new regulations for tokenized securities. The Financial Services Commission of South Korea proposed regulatory rules last week for the issuance and circulation of tokenized stocks, bonds, funds, and other securities, with the framework set to take effect in February 2027. On the same day, LG CNS also launched a blockchain infrastructure platform to help financial institutions such as banks support stablecoins and tokenized securities.Securitize has become a major player in the tokenized real-world asset market, which has grown to about $40 billion, with early growth primarily focused on interest-bearing assets such as U.S. Treasury bonds and private credit, while tokenized stocks are gradually emerging. According to RWA.xyz data, the market capitalization of tokenized stocks is approximately $3.2 billion, having increased by 10.6% in the past 30 days. Securitize CEO Carlos Domingo has stated that even with limited adoption, it could have a greater impact on the crypto market, and tokenized stocks are expected to drive the overall valuation of the crypto market to $5 trillion.

According to the official announcement, Upbit has launched the Numeraire (NMR) trading pairs with Korean Won and USDT.

According to the official announcement, the South Korean cryptocurrency exchange Bithumb has announced that it will add support for Bedrock (BR) and Dolphin (POD) Korean won trading markets.Specifically, Bedrock (BR) will open for trading on October 6 at 19:00, supported by the BNB Smart Chain. Deposits and withdrawals are expected to open within 2 hours after the announcement, with a benchmark price of 590 Korean won and a required number of deposit confirmations of 15.Dolphin (POD) will open for trading on October 6 at 20:00, supported by Base. Deposits and withdrawals are expected to open within 2 hours after the announcement, with a benchmark price of 1086 Korean won and a required number of deposit confirmations of 200.Bithumb reminds users that only designated network deposits are supported, and transfers from other networks will not be supported.

Chainalysis, in its "East Asia Cryptocurrency Adoption Report" released on October 5, stated that during the period from July 2025 to June 2026, overall cryptocurrency activity in East Asia has slightly contracted due to the global bear market, but significant differentiation has emerged within the region: South Korea remains the largest retail trading center, Hong Kong is becoming a hub for institutional fund settlement, Japanese users are accelerating their shift towards DEX and perpetual contracts, while the peer-to-peer use of stablecoins in mainland China continues to expand.The report estimates that South Korea's cryptocurrency economy will reach $449.1 billion during the same period, a 12.3% increase from the previous cycle, maintaining its position as the leader in East Asia; Japan, Hong Kong, mainland China, and Taiwan are at $228.3 billion, $192.2 billion, $176.3 billion, and $140.4 billion, respectively. The growth in South Korea is mainly driven by increased capital flows related to trading platforms, with the report stating that the local trading platform ecosystem has added approximately $51.1 billion in new traffic.The most notable change in the South Korean market comes from AI token trading. Chainalysis noted that by June 2026, AI-related cryptocurrency assets have become the largest thematic sector in won trading, surpassing the popularity of payment tokens like XRP. The report recorded that Worldcoin (WLD) achieved a trading volume of $7.41 billion during the observation period, with SAHARA, VIRTUAL, BIO, and NEAR also becoming active varieties. AI token trading priced in won accounts for about 19.5 times that of the yen market, indicating that South Korean retail investors are extending their AI investment preferences from the domestic stock market to the cryptocurrency market.However, institutional funds in South Korea are still in the preparation stage. The report points out that local banks and brokerages have generally formed digital asset teams and are promoting stablecoin, custody, and tokenization pilots, but direct corporate participation in cryptocurrency investment has not yet reached scale. If the cryptocurrency asset income tax planned for implementation in South Korea in 2027 is realized as scheduled, and corporate trading restrictions continue to be relaxed, the retail-dominated landscape of the South Korean market may face reevaluation.

According to a report by the Korean News Agency, South Korea's five major commercial banks have all been suspected of being attacked by hackers possibly driven by artificial intelligence, with three of them experiencing customer information leaks. This simultaneous attack on all five banks is unprecedented in South Korea's financial industry.It is reported that BNK Busan Bank suffered a hacker attack that led to the leakage of personal information of 11 outsourced employees; KB Kookmin Bank had information of 119 customers leaked due to the hacker attack, and Hana Bank also stated that information of 89 customers was leaked.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "LoL: Chinese Taipei vs. South Korea (BO5) - Asian Games Playoffs," the "Yes" option for the sub-market "Both teams kill a dragon" has experienced a drastic fluctuation in winning probability, soaring from 50% an hour ago to the current 90.5% (a fluctuation of 40.5%). Please note the impact of related breaking news.

The Financial Services Commission of South Korea has proposed regulatory guidelines for the issuance and trading of security tokens, intending to allow stocks, bonds, funds, and certain fractional investment securities to be issued and circulated in token form. The relevant regulatory framework is scheduled to take effect on February 4, 2027.According to the proposal, securities token issuance companies that directly manage client accounts must have a paid-in capital of at least 4 billion Korean Won and be equipped with dedicated compliance and technical personnel. The revision of capital market regulations will also introduce an over-the-counter trading license for bonds and limit individual investors' annual net purchases at each over-the-counter exchange to within 100 million Korean Won.The proposal will be open for public consultation from Friday until November 11, after which it will enter the approval process. South Korea previously announced a roadmap to advance the transition of securities issuance and trading to distributed ledger infrastructure in three phases.

According to the official announcement, Bithumb will launch the US Korean Won trading pair, with trading expected to open at 15:00 local time.

The Financial Services Commission (FSC) of South Korea has announced a draft amendment to the regulations related to the institutionalization of Token Securities, planning to expand the range of securities that can be tokenized to include traditional securities such as stocks, bonds, and funds.According to the draft amendment, traditional securities can also be tokenized, except for fragmented investment securities (non-monetary trust beneficiary securities, investment contract securities).The relevant electronic securities regulations will also clarify the requirements for distributed ledgers, stipulating that participants must include electronic registration institutions and at least two account management institutions, and prohibit the use of distributed ledgers for direct payment of electronic registration purposes.