South Korea/page/4 news and trends

Bank of Korea Focuses on CBDCs Over Stablecoins
CBDC // April 21, 2026

Is South Korea prioritizing central bank digital currencies (CBDCs) over stablecoins? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

South Korea Eyes Stricter Crypto Oversight After Bithumb’s $40 Billion Error
Cryptocurrency // February 09, 2026

South Korea plans to step up its regulation of digital assets after cryptocurrency exchange Bithumb accidentally gave away over $40 billion in bitcoin, Reuters reported Monday (Feb. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Coupang Says Data Leak Perpetrator Did Not Transfer Data to Others
Cybersecurity // December 26, 2025

Coupang said that while the perpetrator of a previously announced data leak accessed 33 million accounts, he retained data from only 3,000 accounts, did not transfer the data to others, and later deleted the data when news outlets began reporting the incident. Get the Full...

Korean Central Bank Wants Slow Rollout for Stablecoins
Cryptocurrency // June 24, 2025

The Bank of Korea has reportedly called for a gradual introduction of won-pegged stablecoins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Interviews & Exclusives
Can Coupang’s $500 Million Lifeline Save Farfetch From Falling Out of Fashion?

December 19, 2023
After a roller coaster year of surprises, including a November decision to withhold its earnings results for the third quarter of 2023 and the cancellation of its planned conference call, Farfetch has been acquired by South Korean eCommerce giant Coupang. Get the Full Story Complete the form to unlock this article and enjoy unlimited free […]

Real-Time Payments Taking Hold From South Africa to Sweden

August 01, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

An Insider’s View of S. Korea’s $92B eCommerce Market

August 19, 2022
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

South Korea Is an eCommerce Eden for Those Fluent in Local Payments

July 21, 2022
Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization. Get the Full Story Complete...

Quick Reads
South Korea Hits Coupang With Record Fine For Massive Data Breach

June 11, 2026
South Korean authorities levied Wednesday (June 10) a historic 624.7 billion won (about $412 million) fine against the eCommerce giant Coupang following a massive data breach that affected approximately two-thirds of the nation’s population. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]

Bank of Korea Focuses on CBDCs Over Stablecoins

April 21, 2026
Is South Korea prioritizing central bank digital currencies (CBDCs) over stablecoins? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

South Korea Eyes Stricter Crypto Oversight After Bithumb’s $40 Billion Error

February 09, 2026
South Korea plans to step up its regulation of digital assets after cryptocurrency exchange Bithumb accidentally gave away over $40 billion in bitcoin, Reuters reported Monday (Feb. 9). Get the...

Coupang Says Data Leak Perpetrator Did Not Transfer Data to Others

December 26, 2025
Coupang said that while the perpetrator of a previously announced data leak accessed 33 million accounts, he retained data from only 3,000 accounts, did not transfer the data to others,...