Top Stories
South Korea News
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.
Top South Korea Stories
Latest South Korea News
News
South Korea's nominee for FSC chair, Kim Byoung-hwan, expressed caution about corporate crypto transactions, signaling opposition to spot Bitcoin ETFs.
BTC
News
South Korea’s first major set of cryptocurrency regulations is now live to safeguard crypto investors in the nation. The new framework introduces stringent requirements for Virtual Asset Service Providers (VASPs). Dubbed the Protection of Virtual Asset Users (PVAU), it mandates…
BTC
ETH
News
South Korean authorities have sought a court to issue an arrest order for a cryptocurrency market maker involved in an altcoin fraud case. According to Yonhap, the market maker, surnamed Park (43) and called Jon Bur Kim, is accused of…
News
South Korean authorities are considering postponing the controversial 20% crypto tax after the local crypto community raised concerns. Initially set to begin in 2021, South Korea‘s 20% crypto gains tax might now be delayed until 2028 amid fears that the…
News
South Korea’s crypto community alarms that the impeding 20% tax on crypto gains will drive away investors and can potentially ruin the market. As South Korea‘s 20% tax on crypto gains looms, the local cryptocurrency community expresses its concerns, saying…
News
Binance is reportedly nearing a deal to sell its majority stake in crypto exchange Gopax to Korean cloud provider Megazone. Cryptocurrency exchange Binance is in advanced talks to sell its controlling stake in Gopax, one of South Korea’s crypto exchanges,…
BNB
News
SBI Digital Markets, the cryptocurrency-focused arm of SBI Holdings, is looking to strengthen its roots in South Korea with the appointment of a former Bank of Korea executive. According to a July 10 announcement, Jai Yung Byun has been appointed…
News
A Woori Bank employee has reportedly been arrested for embezzling $15 million by manipulating loan documents and using the stolen funds to buy crypto. A Woori Bank employee has been arrested on Monday after being indicted for embezzling ₩18 billion…
News
South Korea’s financial regulator is establishing a system to monitor unusual crypto trading, urging exchanges to cooperate and provide internal data. South Korea‘s Financial Supervisory Service (FSS) is working on a system that would monitor all unusual crypto trading activity…
News
South Korea’s crypto association asserts that local trading platforms are unlikely to conduct “mass delistings” even as they re-review 1,333 tokens over the next six months. South Korean crypto exchanges are set to re-evaluate over 1,000 tokens they listed earlier…
News
Starting next month, cryptocurrency investors in South Korea can expect increased protections following the government’s approval of new regulations aimed at enhancing user security in the event of a crypto exchange bankruptcy. The Financial Services Commission (FSC) announced on Tuesday…
News
South Korea will review the listings of over 600 tokens on domestic crypto exchanges next month under new regulatory measures. South Korea‘s financial authorities will begin re-evaluating over 600 cryptocurrency listings on domestic trading platforms starting in July, following the…
News
OkayCoin's William Miller says growing interest in crypto staking within South Korea has prompted the company to provide dedicated support/services tailored to meet the unique needs of investors.
News
An employee of South Korea’s Woori Bank has confessed to the police of embezzling $7.3 million from the bank to fund personal crypto investments, most of which failed. According to reports from local news outlets, the employee who has not…
BTC
News
South Korea’s Financial Services Commission (FSC) is changing its stance regarding nonfungible tokens (NFTs), looking to classify some of them as Virtual assets. NFTs are primarily unique assets that cannot be replicated, traits that differentiate them from cryptocurrencies would be…
News
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto crimes, signaling a major crackdown on fraud and market manipulation. South Korea is intensifying efforts to clamp down on market manipulation and…
Top Stories
Top Stories
Curve founder: Defi more exciting than markets realize
Top Stories
VanEck CEO says Bitcoin accounts for ‘way over 30%’ of his portfolio
Top Stories
Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks
Top Stories
Coinbase stock price is rising; Aug. 1 will be crucial
Top Stories
