SOUTH KOREA

Crypto News

Bitmax Bitcoin Transfer: Strategic Move or Regulatory Pressure as 550 BTC Flows to Exchanges

SEOUL, South Korea – February 2025. In a significant financial maneuver, South Korean Digital Asset Trust firm Bitmax transferred its entire Bitcoin holdings,.

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Crypto News

Mitosis Rug Pull: South Korean L1 Project Faces Devastating Collapse and Investor Backlash

SEOUL, South Korea – The domestic cryptocurrency sector faces another credibility crisis as Layer 1 blockchain project Mitosis confronts severe rug pull allegations,.

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Crypto News

South Korean Police Draft Crucial Darkcoin Rules After Losing Millions in Seized Crypto Assets

SEOUL, South Korea – In a landmark move to address critical vulnerabilities, South Korean police have drafted their first-ever comprehensive guidelines for managing.

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Crypto News

Digital Asset Payment System: KG Inicis and Crypto.com Forge Revolutionary Tourist Payment Partnership

In a significant move for South Korea’s financial technology landscape, payment processor KG Inicis has formally partnered with global cryptocurrency exchange Crypto.com to.

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Crypto News

Naver-Dunamu Merger Review Intensifies as FTC Demands Crucial Data, Decision Looms

SEOUL, South Korea – March 2025: The landmark merger review between Naver Financial and Dunamu, the operator of Upbit, has entered a critical.

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Crypto News

Bithumb Faces Devastating $26.6M Fine and 6-Month Partial Suspension from South Korean FIU

SEOUL, South Korea – March 2025 – In a landmark enforcement action, South Korea’s Financial Intelligence Unit (FIU) has imposed severe penalties against.

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Crypto News

Bithumb Fine Amount Remains Unsettled as South Korean FSC Denies Media Reports

SEOUL, South Korea – The Financial Services Commission (FSC) has officially clarified that any potential fine against cryptocurrency exchange Bithumb remains undetermined, directly.

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Crypto News

Flow Token Delisting Stands: South Korean Court Delivers Critical Blow to Foundation’s Appeal

SEOUL, South Korea – March 15, 2025 – The Flow Foundation suffered a significant legal setback this week when a South Korean court.

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Crypto News

South Korean Stablecoin Bill Faces Critical Delay Amid Global Market Turmoil

SEOUL, South Korea – The finalization of South Korea’s landmark stablecoin legislation, a cornerstone of the broader Digital Asset Basic Act, has hit.

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Crypto News

Won-Dollar Rate Surges Past Critical 1,500 Threshold, Sparking Market Concerns

The South Korean won to U.S. dollar exchange rate breached the psychologically significant 1,500 level on March 13, 2025, triggering immediate market analysis.

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