#south korea
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Trump: Nvidia’s top Blackwell chips are U.S.-only
On Nov 2–3, 2025, President Donald Trump said the most advanced Nvidia Blackwell chips will be available only to U.S. customers, sharpening prior signals on export controls. More than 260,000 Blackwell units are headed to South Korea, underscoring that allies can secure volume while China may see only scaled‑down versions – if any – under future rules. 
Upbit launches 'Giwa' Ethereum layer-2 on testnet at UDC 2025
South Korea's largest crypto exchange Upbit unveiled Giwa, an Ethereum layer-2 network, during its annual developer conference UDC 2025 in Seoul on September 9. The event focused on blockchain development and Web3 infrastructure. The company launched Giwa's public testnet the same day. 
South Korea’s regulator fined Tools For Humanity and the Worldcoin Foundation, the entities behind the famous iris scanning solution, $829,000 for violating personal data protection laws. Officials have also provided recommendations for improving the product in terms of regulatory compliance. 
Crypto firms get South Korea tax breaks starting September 16
South Korea will let virtual asset trading and brokerage companies apply for venture company status beginning Tuesday, September 16, KoreaTechDesk reports. The designation provides access to tax breaks and government financing programs that were previously unavailable to crypto businesses. South Korea’s big banks meet Circle, Tether on stablecoin plans
South Korea’s largest banking groups, Shinhan, Hana, KB and Woori, plan to meet in Seoul with Circle and Tether to discuss partnerships for a won‑denominated stablecoin and domestic distribution of dollar‑backed tokens. The moves signal that systemically important banks want a front‑row role in stablecoins ahead of expected regulatory clarity. 
The South Korean government has reached out to social media platforms, including the messaging app Telegram, demanding the removal of deepfake sexual content from their servers. Officials have identified Telegram as a major conduit for the distribution of such material. South Korea or the USA: Where Will Do Kwon Be Extradited?
In late May, Montenegro's Minister of Justice, Andrej Milović, met with a delegation from the U.S. Securities and Exchange Commission (SEC). This visit followed significant developments regarding the potential extradition of Terraform Labs' fugitive founder, Do Kwon.