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Situated in East Asia, South Korea, formally recognized as the Republic of Korea, is distinguished for its rich history, culture, and technological prowess. With its capital, Seoul, nestled in the north, this nation of 51 million people thrives economically, supported by its advancements in various sectors.
South Korea emerges as a prominent player in the realm of Korean cryptocurrency, marrying innovation with stringent regulations. Stay updated on South Korean crypto regulations, dive deep into recent Korean crypto happenings such as CBDC research and the evolving landscape of crypto exchanges in the region. From legislative moves to market trends, here’s your one-stop for all South Korean crypto insights.
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South Korea’s Financial Supervisory Service has deployed a real-time AI system that scans trading data, news and online content to flag suspected crypto price manipulation. AI crypto surveillance screens price and volume spikes The Financial Supervisory Service said in its…
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Trading activity on South Korea’s two largest crypto exchanges has jumped sharply, with Upbit volume rising 273% to about $1.84 billion as Bitcoin’s latest rally pulls local traders back toward digital assets. According to CoinGecko data on Aug. 21, Upbit…
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South Korean lawmakers have introduced legislation that would give the Financial Intelligence Unit direct authority to investigate suspected unregistered crypto businesses instead of relying mainly on police referrals. Yonhap reported that People Power Party lawmaker Eom Tae-young and nine other…
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Shinhan Asset Management signed a four-party agreement to test a Korean won tokenized fund on Solana before Korea’s 2027 regulatory rollout.
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Upbit will add BTC and USDT pairs for BICO, BMT, NIL and GWEI at 16:00 KST after postponing the launch by three hours.
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South Korea has confirmed that taxable crypto income earned through overseas exchanges and private wallets will fall under its planned 22% digital asset tax when the regime takes effect on Jan. 1, 2027. Digital Asset reported on Aug. 20, citing…
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BitGo Korea has secured VASP registration from South Korea’s Financial Intelligence Unit, becoming the first local entity owned by an overseas crypto company to complete the process directly. Yonhap News Agency reported on Aug. 20 that the Financial Intelligence Unit,…
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South Korea has ordered access to Polymarket to be blocked after regulators found that the crypto-based prediction market provides an illegal gambling environment to domestic users. South Korea’s Broadcasting, Media and Communications Review Committee voted on Aug. 18 to issue…
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Ripple partnered with Jeonbuk Bank to provide near real time cross border settlement for South Korean businesses using Ripple Payments.
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Bithumb has reported a 21.8 billion won, or about $15.7 million, net loss for the second quarter of 2026 as revenue fell 35.8% from a year earlier. According to Yonhap News Agency, Bithumb moved into the red during the three…
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South Korean lawmaker Park Soo-young has called for the government to withdraw its planned 22% tax on virtual asset gains before the levy takes effect on Jan. 1, 2027, arguing that the policy unfairly targets roughly 13 million crypto users…
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Upbit and Bithumb will delist STORJ, JASMY and TT on Sept. 14 after warning issues remained unresolved, with withdrawals open until Oct. 14.
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Plume and Shinhan Asset Management will test a KRW tokenized bond fund offshore before South Korea’s security token rules take effect in 2027.
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South Korea has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after a Seoul court found him guilty of defrauding customers of about 70 billion won ($49.2 million) in crypto assets. According to local news outlet Newsis, the…
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Mirae Asset plans a 50 billion won capital injection into Korbit operator Digital X weeks after completing its 97.15% acquisition.
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South Korea will apply risk-based checks to overseas crypto transfers, with 10 million won flows subject to enhanced AML monitoring.
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