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South Korea is accelerating its efforts to establish regulations for corporate virtual asset accounts and stablecoins. Financial authorities have pledged to finalize related policies soon. During a monthly press briefing on 22 January, Kim Byung-hwan, Chairman of the Financial Services Commission, shared that the government would soon clarify its position on virtual asset accounts for corporations. South Korean regulators closely monitor global developments, particularly in the United States, where the Trump administration is advancing cryptocurrency regulations. Chairman Kim highlighted that international trends significantly shape South Korea’s approach to formalizing virtual asset policies. Meanwhile, investors are searching for affordable tokens, particularly the best cheap crypto to buy now under 1 dollar . 5 Best Cheap Cryptocurrencies to Buy Under 1 Dollar The Superchain Ecosystem Index provides a comprehensive Analysis of Optimism’s performance in the market. Me...

A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive protection from over-extending risk. For instance: In the lend/borrow markets, you can also use collateral for perpetual futures and trade more efficiently with spot assets. Every token you deposit can earn you more through borrowing and also act as a collateral for perpetual swaps. Borrowers can only borrow if they have more collateral than needed, following multiple saf...