Crypto
Bithumb Plans Division as It Moves Towards an IPO in South Korea
Bithumb is set to separate its core exchange operations from other activities, preparing for an initial public offering in South Korea.
Altcoins
South Korea Prohibits 14 Crypto Exchanges Including KuCoin and MEXC on Apple App Store
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.
Finance
South Korea Targets KuCoin and MEXC by Blocking Their Crypto Apps
South Korean authorities are implementing measures to block unreported foreign crypto applications, including those from KuCoin and MEXC.
Finance
South Korea's National Pension Service Considers Blockchain for Managing $890 Billion Fund Transactions
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.
Altcoins
South Korea Implements Ban on 17 Cryptocurrency Exchanges
South Korean regulators have ordered Google to restrict access to 17 unregistered crypto exchanges as the country steps up enforcement against illegal crypto operations.
Finance
South Korea's Plans to Sanction Unauthorized Crypto Exchanges
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.
Crypto News
South Korea Intensifies Actions Against KuCoin and BitMex Among Others
South Korea's Financial Intelligence Unit cracks down on multiple cryptocurrency exchanges for operating without proper registration.
Business
South Korean Authorities Raid Bithumb Over Allegations of Misusing Funds
The investigation targets the use of company money to aid a former Bithumb CEO in securing an apartment.
Crypto News
Seoul Stabbing Incident Involving Crypto Firm's CEO Could Lead to Long Sentence
A man has been charged with stabbing the CEO of Haru Invest in court, possibly facing ten years in prison.
Crypto
South Korea Reassesses Bitcoin for Foreign Reserves
The Bank of Korea expresses concerns over Bitcoin's volatility and its compliance with IMF standards for foreign exchange reserves.
Altcoins
New Crypto Regulations Set to Launch in South Korea by Q3 2025
South Korea's Financial Services Commission outlines plans to issue new guidelines for institutional cryptocurrency investments by the third quarter of 2025.
Finance
BDACS Partners with Ripple to Secure Institutional Crypto Holdings in South Korea
The partnership seeks to strengthen Ripple's operations and drive the adoption of the RLUSD stablecoin.
Crypto
South Korean Banks Eager to Partner with Crypto Exchanges Amid Regulatory Scrutiny of Upbit
As Upbit faces regulatory scrutiny, South Korean banks are increasingly seeking partnerships with cryptocurrency exchanges, reflecting a changing landscape in the crypto market.
Altcoins
South Korea Set to Revise Corporate Crypto Trading Restrictions Amid Growing Global Interest
In a significant policy shift, South Korea plans to lift its ban on corporate cryptocurrency trading, aligning itself with global trends.
Finance
South Korea Begins to Relax Ban on Corporate Crypto Trading
The nation will allow institutions like charities and universities to trade cryptocurrencies by mid-year.
Crypto
South Korea Must Embrace Crypto ETFs to Compete Globally
The Chairman of the South Korean Exchange emphasizes the importance of crypto ETFs for maintaining financial competitiveness in a rapidly evolving global market.
Cryptocurrency News
South Korea's Crypto Exchange Landscape Shrinks by 26% This Week
A stark decline in the number of operational crypto exchanges in South Korea highlights the impact of strict regulatory policies on the market.
Crypto
Alchemy Pay Broadens Crypto Services into South Korea Following Expansion in Australia
Alchemy Pay has officially expanded its cryptocurrency services to South Korea, intending to secure 20 regulatory licenses across various countries.
Crypto
South Korea Introduces System to Confiscate Digital Assets from Tax Evaders
Gwacheon City in South Korea is launching a new platform to track and seize cryptocurrency from individuals avoiding taxes.
Finance
Bitcoin's Kimchi Premium Surges to 10%, Signals Concerns for BTC Short-Term
Trading volumes on major Korean cryptocurrency exchanges have significantly decreased, hinting at reduced retail trading activity.
