SOUTH KOREA

Crypto News

Bitmax Reverse Stock Split: A Critical Move to Stabilize the Struggling South Korean Crypto Giant

In a decisive move to shore up its financial foundation, South Korean cryptocurrency accumulation firm Bitmax has announced a significant capital restructuring through.

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Crypto News

Upbit Halts LUNA2 Withdrawals: Critical Network Upgrade Sparks Investor Scrutiny

In a move closely watched by the global crypto community, South Korean digital asset giant Upbit has announced a temporary suspension of withdrawals.

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Crypto News

Bithumb Suspension: South Korea Imposes Severe 6-Month Penalty and Massive Fines for AML Failures

SEOUL, South Korea – Financial authorities have imposed a severe six-month partial business suspension and substantial financial penalties on Bithumb, one of South.

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Crypto News

South Korea’s Stablecoin Regulation Breakthrough: FSC and Ruling Party Forge Crucial Compromise

SEOUL, South Korea – In a significant development for the Asian cryptocurrency landscape, South Korea’s Financial Services Commission (FSC) and the ruling Democratic.

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Crypto News

Kospi Circuit Breaker Activated: South Korean Market Plunges 8%, Triggering Critical Trading Halt

SEOUL, South Korea – The Korea Exchange activated its market-wide circuit breaker mechanism today after the benchmark Kospi index plummeted more than 8%.

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Crypto News

South Korea Crypto Regulation Sparks Fears: Ownership Cap Could Trigger ‘Reverse Discrimination’ Crisis

SEOUL, South Korea – March 2025 – South Korea’s cryptocurrency industry faces a pivotal regulatory moment as opposition lawmakers issue a stark warning:.

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Crypto News

USD/KRW Exchange Rate Soars to 1,495: A Stark Reminder of 2009 Crisis Levels

SEOUL, South Korea – March 12, 2025: The U.S. dollar surged against the South Korean won today, with the USD/KRW exchange rate touching.

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Crypto News

Flow Foundation Fights Back: Files Urgent Injunction to Stop Korean Exchange Delisting

In a decisive legal maneuver, the Flow Foundation has taken urgent action in Seoul, South Korea, filing for a court injunction to prevent.

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Crypto News

South Korea’s Bold Move: Financial Authorities to Bar Listed Firms from Stablecoin Investments

SEOUL, South Korea – In a significant development for digital asset regulation, South Korean financial authorities are drafting guidelines that will likely prohibit.

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Crypto News

Crypto Robbery Shock: Three Teens Arrested in South Korea for ₩30M Fake OTC Deal Assault

South Korean authorities in Goyang City made a significant arrest on March 2, 2025, detaining three teenagers for a violent cryptocurrency robbery that.

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