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Games & Commerce

Naver-Dunamu merger hurdle eases as committee recommends amending enforcement decree

South Korea\'s Presidential Regulatory Reform Committee\'s growth subcommittee reviewed an enforcement decree revision to the Act on Reporting and Using Specified Financial Transaction Information on July 24 and recommended that the Financial Services Commission add an exception to fit-and-proper screening rules for major shareholders of virtual asset service providers. The recommendation could ease regulatory burdens raised during Naver\'s bid to acquire Dunamu. The revised law is set to take effect on Aug. 20.

Crypto

Coinone says FIU approves major shareholder change, Hankook Investment Securities and OKX join as shareholders

Digital asset exchange Coinone said the Financial Intelligence Unit has approved its filing to change major shareholders. Coinone said it completed the approval on July 22 and had earlier obtained approval on June 26 for an executive change filing. It said the approvals complete key reporting steps needed for new shareholders to join, including Hankook Investment Securities and OKX Ventures, alongside existing shareholder Com2uS Holdings.

Crypto

Calls grow to build trust infrastructure for corporate access to digital assets

With corporate participation in South Korea\'s digital asset market set to expand, speakers at a National Assembly seminar said the market should be opened safely by separating trading and asset custody, strengthening internal controls and setting clear liability frameworks for accidents. Participants called for independent custody infrastructure aligned with international standards, institutional-grade security and transparent management of reserve assets. They also urged swift progress on second-stage legislation for the Digital Asset Basic Act.