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South Korea News
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Latest South Korea News
News
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…
News
Upbit and Bithumb will delist STORJ, JASMY and TT on Sept. 14 after warning issues remained unresolved, with withdrawals open until Oct. 14.
News
Plume and Shinhan Asset Management will test a KRW tokenized bond fund offshore before South Korea’s security token rules take effect in 2027.
News
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…
News
Mirae Asset plans a 50 billion won capital injection into Korbit operator Digital X weeks after completing its 97.15% acquisition.
News
South Korea will apply risk-based checks to overseas crypto transfers, with 10 million won flows subject to enhanced AML monitoring.
News
SBI Digital Practice and Nodeinfra plan a Canton-based Japan-Korea payment network, starting with yen and won test tokens before regulated stablecoins.
News
South Korea will apply its crypto Travel Rule to all domestic VASP transfers while tightening controls on overseas exchanges and personal wallets.
News
South Korea’s opposition People Power Party has moved to delay the country’s 22% cryptocurrency investment tax by three years to Jan. 1, 2030, days after the government kept the levy on track to start in 2027. According to South Korean…
Markets
Cysic rallied before Upbit announced CYS trading, while the exchange later delayed its BTC and USDT market launch twice to 20:00 KST.
News
Dunamu has secured a one-year contract to take custody of digital assets seized by South Korea’s National Police Agency after winning the agency’s public tender process. According to a statement released by Dunamu on Aug. 7, the Upbit operator was…
News
Upbit will list Block Street (BSB) in KRW, BTC and USDT markets on Aug. 7, with Ethereum deposits and temporary trading restrictions.
News
Upbit opened CAP trading against KRW, BTC and USDT, adding a second major South Korean venue for the Ethereum governance token.
News
GRVT rose 23% before Upbit’s scheduled launch of KRW, BTC and USDT markets, with Ethereum deposits and opening order limits.
Feature
Samsung Wallet will support native stablecoins after the Galaxy Unpacked announcement, but the issuer, chain, and custody model remain undisclosed. The $408 million Dunamu investment and a pending South Korean digital asset law reveal the infrastructure play behind the headline.…
News
South Korea has finalized its 2026 tax reform package while keeping the planned 22% tax on cryptocurrency investment gains set to begin on Jan. 1, 2027. South Korea’s Ministry of Economy and Finance confirmed on Aug. 3 that it had…
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