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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.
The Chairman of the South Korean Exchange emphasizes the importance of crypto ETFs for maintaining financial competitiveness in a rapidly evolving global market.
A stark decline in the number of operational crypto exchanges in South Korea highlights the impact of strict regulatory policies on the market.
Alchemy Pay has officially expanded its cryptocurrency services to South Korea, intending to secure 20 regulatory licenses across various countries.
Gwacheon City in South Korea is launching a new platform to track and seize cryptocurrency from individuals avoiding taxes.
Trading volumes on major Korean cryptocurrency exchanges have significantly decreased, hinting at reduced retail trading activity.
The VIRTUAL token of the Virtuals Protocol saw a significant increase after being listed on Upbit, offering trading opportunities to altcoin traders in South Korea.
South Korea's largest cryptocurrency exchange faces a suspension due to alleged violations of KYC and AML regulations.
Upbit may be faced with sanctions from South Korean regulators due to breaches in money laundering compliance.
XRP has outpaced Bitcoin and Dogecoin in trading volume on major South Korean exchanges, suggesting imminent price fluctuations.
As South Korea's political instability escalates, the Bitcoin premium over US prices reaches significant levels.
Trading volumes for Dogecoin and XRP have surpassed Bitcoin in South Korea, influenced by regulatory changes and strong market enthusiasm.
Police in South Korea have apprehended 215 individuals linked to a cryptocurrency investment scam that defrauded victims of over $232 million.
Dogecoin's price has skyrocketed by 78% since Donald Trump's election victory, leading to a notable price premium on local South Korean exchanges.
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