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New regulations from South Korea's Financial Services Commission will enable non-profits and digital asset exchanges to sell cryptocurrency while imposing strict operational rules.
South Korea's retail traders are gravitating towards XRP and Dogecoin, surpassing Bitcoin and Ethereum amid a rally spurred by reduced U.S.-China trade tensions.
Lee Jae-Myung promises to introduce policies for crypto ETFs and lower transaction fees as part of his campaign.
The People Power Party in South Korea has pledged to legalize spot cryptocurrency exchange-traded funds and transform the digital asset regulatory framework.
In this week's overview, we delve into the latest developments in the crypto landscapes of South Korea, Vietnam, Malaysia, Thailand, and Hong Kong, highlighting their unique approaches and emerging trends.
Bithumb is set to separate its core exchange operations from other activities, preparing for an initial public offering in South Korea.
South Korea's Financial Services Commission has banned 14 unregistered cryptocurrency exchanges from the Apple app store, intensifying regulations against non-compliant virtual asset service providers.
South Korean authorities are implementing measures to block unreported foreign crypto applications, including those from KuCoin and MEXC.
The NPS is exploring blockchain technology to enhance transparency and security in its fund transactions by inviting experts for preliminary insights before launching a research study.
South Korean regulators have ordered Google to restrict access to 17 unregistered crypto exchanges as the country steps up enforcement against illegal crypto operations.
Financial authorities in South Korea are preparing to impose sanctions on crypto exchanges that operate without proper registration. BitMEX and KuCoin are among those targeted.
South Korea's Financial Intelligence Unit cracks down on multiple cryptocurrency exchanges for operating without proper registration.
The investigation targets the use of company money to aid a former Bithumb CEO in securing an apartment.
A man has been charged with stabbing the CEO of Haru Invest in court, possibly facing ten years in prison.
The Bank of Korea expresses concerns over Bitcoin's volatility and its compliance with IMF standards for foreign exchange reserves.
South Korea's Financial Services Commission outlines plans to issue new guidelines for institutional cryptocurrency investments by the third quarter of 2025.
The partnership seeks to strengthen Ripple's operations and drive the adoption of the RLUSD stablecoin.
As Upbit faces regulatory scrutiny, South Korean banks are increasingly seeking partnerships with cryptocurrency exchanges, reflecting a changing landscape in the crypto market.
In a significant policy shift, South Korea plans to lift its ban on corporate cryptocurrency trading, aligning itself with global trends.
The nation will allow institutions like charities and universities to trade cryptocurrencies by mid-year.
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