Korea news and trends

Lenovo Bets on AI as South Korea Grants Banks Access to Cloud Computing 
artificial intelligence // August 22, 2024

Artificial intelligence (AI) is driving seismic shifts across the tech and financial landscapes, with Lenovo reporting strong quarterly results due to its AI focus and South Korea set to allow financial firms to leverage AI and cloud technologies. Get the Full Story Complete the form...

Korean FinTech and Investment App Toss Raises $405M
Investments // December 21, 2022

South Korean investment app Toss has raised $405 million in a Series G funding round. 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,...

Korean Regulators to Probe Stablecoin, Money Laundering Link
AML // October 24, 2022

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

South Korea’s Crypto ‘Kimchi Premium’ Suspected in $3.4B FX Investigation
Cryptocurrency // July 28, 2022

When people talk about illicit Korean cryptocurrency transactions, people tend to think of North Korean hackers stealing billions in bitcoin to fund the country’s nuclear weapons program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Quick Reads
Korean Central Bank Wants Slow Rollout for Stablecoins

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 completing this form, you agree to receive marketing communications from […]

Korean FinTech and Investment App Toss Raises $405M

December 21, 2022
South Korean investment app Toss has raised $405 million in a Series G funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Korean Regulators to Probe Stablecoin, Money Laundering Link

October 24, 2022
In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full...

Google Sues South Korea’s Regulator to Reverse Antitrust Fine

February 11, 2022
Google is asking a judge to reverse the fine it received last year from South Korea’s competition regulator after the tech giant tried to force the country’s phone makers to...