South Korea News
Latest South Korea News
News
South Korea’s planned cryptocurrency tax has come under renewed political scrutiny after a public petition seeking its repeal cleared the signature threshold required for legislative review. According to South Korea’s National Assembly petition system, the motion surpassed 50,000 signatures at…
News
South Korea funeral firm Bumo Sarang has a $33M paper loss on leveraged Ethereum ETF BMNU as prepaid fund oversight draws scrutiny in Korea.
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KB Financial completed a won stablecoin pilot for offline QR payments and Vietnam remittances, cutting fees 87% as Korea crypto rules wait.
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South Korea’s FSC is reviewing Hana Bank’s $668M Dunamu stake under bank-commerce rules as finance firms push deeper into crypto assets now.
News
TRAC rose after Upbit listed OriginTrail with KRW, BTC and USDT pairs. CoinGecko showed a 39.4% gain and $38.6M 24h volume.
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XRP Upbit volume surged to $330 million on May 15 after Hana Bank announced a $670 million Dunamu stake. XRP Upbit volumes surged on Friday after South Korea’s Hana Financial Group announced it will acquire a 1 trillion won ($670…
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OKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…
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Hana Bank will buy a $670M Dunamu stake, becoming Upbit parent’s fourth-largest holder as Korea’s crypto rules and Naver deal shift in 2026.
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North Korean hacking groups have been tied to most major crypto exchange attacks in South Korea since 2018, while billions of dollars in suspected illicit crypto flows have also moved through the country’s financial system. According to Crystal Intelligence’s 2026…
Markets
Upbit will delist NKN/BTC on June 15 and set a July 16 withdrawal deadline, while NKN trades near $0.0075 with a $6M market cap today.
Markets
Upbit listed Venice Token with KRW, BTC and USDT pairs as VVV traded near $17.15, down 2.9% over 24 hours.
News
South Korean crypto holdings fell to $41B as investors shifted to stocks, while tax and AML rules added fresh pressure.
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PROS surged 47.8% after Upbit and Bithumb listings, with Pharos volume rising 209.6% as Korean trading access expanded.
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South Korea will require firms moving crypto overseas to register, as Travel Rule checks and a 22% crypto tax add pressure.
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South Korea plans to tax crypto gains above 2.5 million won at 22% from January 2027, with exchanges preparing investor reporting rules now.
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Samsung SDS will build KSD's token securities platform as South Korea prepares blockchain-based securities rules for February 2027 rollout.