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.
Crypto
VIRTUAL Token Rises 28% Following Upbit Listing in South Korea
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.
Crypto
Regulatory Scrutiny Escalates for Upbit Amid KYC and AML Breaches
South Korea's largest cryptocurrency exchange faces a suspension due to alleged violations of KYC and AML regulations.
Crypto
Potential Sanctions Loom for Upbit, South Korea’s Leading Cryptocurrency Exchange
Upbit may be faced with sanctions from South Korean regulators due to breaches in money laundering compliance.
Crypto
XRP Trading Surges Past Bitcoin and Dogecoin in South Korea: Implications Ahead
XRP has outpaced Bitcoin and Dogecoin in trading volume on major South Korean exchanges, suggesting imminent price fluctuations.
Crypto
Bitcoin Premium Rises Amid South Korea's Political Crisis
As South Korea's political instability escalates, the Bitcoin premium over US prices reaches significant levels.
Crypto
Surge in Dogecoin and XRP Trading Volumes Overtake Bitcoin in South Korea
Trading volumes for Dogecoin and XRP have surpassed Bitcoin in South Korea, influenced by regulatory changes and strong market enthusiasm.
Crime
215 Arrested in Major Crypto Scam in South Korea: Authorities Report
Police in South Korea have apprehended 215 individuals linked to a cryptocurrency investment scam that defrauded victims of over $232 million.
Crypto
Surge in Dogecoin Trading Captivates South Korea Amid Political Shifts
Dogecoin's price has skyrocketed by 78% since Donald Trump's election victory, leading to a notable price premium on local South Korean exchanges.
Finance
South Korea's Decisive Push for Stablecoin Regulations Ahead of Deadline
Legislators in South Korea are urging financial authorities to finalize a stablecoin regulatory draft by December 10, threatening independent legislation if unmet.
News
South Korea Intensifies Cryptocurrency Regulations with New AML Measures
South Korea is enhancing its Anti-Money Laundering (AML) approach by extending the Travel Rule to encompass crypto transfers below $680, aiming to prevent illicit financial movements.
Crypto
Frax and IQ Introduce KRWQ: A Stablecoin Tied to the Korean Won
Frax and IQ have unveiled KRWQ, a stablecoin pegged to the Korean won, aiming for compliance with local regulations amidst South Korea's stablecoin initiatives.
