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According to local media, South Korea confirmed that North Korea was behind the theft of 342,000 Ethereum (ETH) tokens. The 2019 loot, worth approximately 58 billion...
Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000...
Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset...
Crypto in South Korea continues to draw attention due to the high delisting rates and the financial risks posed to investors. Over the past seven years,...
South Korea’s Financial Services Commission (FSC) is deliberating revising its stance on spot Bitcoin ETFs (exchange-traded funds), handing over the consideration to a crypto advisory committee....
South Korea’s National Pension Service (NPS) recently purchased $34 million worth of MicroStrategy shares, highlighting increased institutional confidence in Bitcoin (BTC) via strategic investments. MicroStrategy’s heavy...
The Supreme Court of Montenegro has delayed the extradition of Do Kwon, the embattled founder of Terraform Labs, to South Korea. This decision came in response...
After the introduction of the Virtual Asset User Protection Act in South Korea, crypto exchanges such as Upbit, Bithumb, and Coinone are now required to pay...
The Financial Supervisory Service (FSS) of South Korea has summoned five leading crypto exchanges in the wake of just implemented crypto laws, signaling heightened scrutiny of...
On July 19, 2024, the Act on the Protection of Virtual Asset Users came into effect in South Korea. The new crypto law aims to create...
