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Latest South Korea News
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South Korea’s FSS orders Dunamu to correct omissions in its Naver Financial stock swap filing as new digital asset rules threaten the merger’s structure and timeline. South Korea’s Financial Supervisory Service (FSS) has issued a corrective order to Dunamu, the…
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Crypto exchange Bithumb is reportedly delaying plans for its IPO until after 2028, according to local media. Per a report from Maeil Business News Korea citing a Bithumb official, the South Korean crypto exchange is set to “focus on preparing…
News
South Korea’s Naver Financial has delayed plans for its share swap with crypto exchange Upbit’s parent firm Dunamu. According to a regulatory filing with the country’s Financial Supervisory Service, Naver said it will hold a shareholder vote on Aug. 18,…
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South Korean exchanges logged $60 billion in crypto outflows in H2 2025 as deposits rose while profits, volumes, and market values declined.
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South Korea’s National Tax Service is seeking to select a private custody provider to handle seized crypto assets after a security lapse resulted in private keys being exposed and assets being transferred by unauthorized entities. The National Tax Service has…
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Some South Korean lawmakers are pushing back against the ruling party’s plan to levy a 22% tax on cryptocurrencies. A bill introduced by the right-wing People Power Party on Thursday seeks to amend the Income Tax Act and fully abolish…
News
Crypto.com has partnered with KG Inicis to introduce crypto payment options for foreign tourists visiting South Korea. The two companies plan to roll out Crypto.com Pay across KG Inicis’ merchant network, according to a March 17 press release. The integration…
News
South Korea’s National Police Agency has introduced new guidelines for handling seized cryptocurrencies after multiple security lapses. The KNPA has drafted a directive outlining compliance requirements across multiple stages of crypto seizure, storage, and management, local media outlet Asiae reported…
News
Crypto exchange Bithumb will have to pay a fine of 36.8 billion won, about $24.5 million, after it was found to be in violation of South Korea’s Anti-Money Laundering rules. According to a local media report, South Korea’s Financial Intelligence…
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South Korea’s Hana Financial Group has signed a memorandum of understanding with the Standard Chartered Group to collaborate on digital asset initiatives. Local media reports from March 16 claim that the two institutions plan to leverage their combined expertise and…
News
Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court to suspend the termination of trading support on major South Korean exchanges for the Flow blockchain’s native FLOW token. According to a March 8 announcement,…
News
South Korean police have arrested a series of individuals believed to be acting as hired agents committing what authorities describe as “private revenge” attacks, which have involved vandalism and threatening behavior directed at private residences. South Korean police arrest agents…
News
South Korea’s finance minister has pledged reforms to strengthen how government agencies manage seized cryptocurrency, following a digital asset information leak involving the National Tax Service. Seized Bitcoin under scrutiny as South Korea tightens digital asset controls In a statement…
Opinion
Tokenized securities will not replace traditional finance overnight. But in Korea, they are on track to quietly replace how parts of it work.
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South Korean authorities have arrested two suspects in connection with the theft of 22 bitcoins that had been held as evidence by the Gangnam Police Station, officials announced on Wednesday. Suspects detained as South Korea police probe disappearance of seized…
News
South Korea plans finfluencer disclosure law to curb manipulation and protect investors. South Korea’s Democratic Party has introduced legislation requiring financial influencers to disclose personal asset holdings and compensation when recommending cryptocurrencies or stocks, according to reports from the country’s…
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