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South Korean investors’ cryptocurrency holdings plummeted by 42% over the past year, falling from 121.8 trillion won ($83.৩ billion) in January 202৫ to 60.৬...

The cryptocurrency market in South Korea contracted sharply over a 13-month period, with the value of holdings falling from $83.3 billion to $41.4 billion....

SK fines Coinone $3.5M for AML failures after Bithumb penalty

South Korea's Financial Intelligence Unit (FIU) has fined cryptocurrency exchange Coinone $3.5 million and imposed a three-month partial business suspension for anti-money laundering lapses....

Bithumb Pursues Court Action to Freeze 7 BTC From Users Resisting Repayment

South Korean cryptocurrency exchange Bithumb is seeking a court order to freeze approximately 7 BTC after a payout error earlier this year. The exchange...

Bithumb files court action to recover 7 Bitcoin from 620k BTC payout error.

South Korean cryptocurrency exchange Bithumb has initiated legal proceedings to recover 7 Bitcoin still outstanding from an error that mistakenly distributed 620,000 BTC in...

Bithumb Delays IPO to After 2028, Citing Regulatory Strategy

South Korean cryptocurrency exchange Bithumb has delayed its initial public offering plans from 2027 to after 2028. The company views this as a strategic...

Bithumb IPO delayed again, now expected after 2028

South Korean cryptocurrency exchange Bithumb now expects its initial public offering (IPO) sometime after 2028, marking another significant delay from its initial 2025 target....

Bithumb Seeks CEO Reappointment Despite AML Penalties, Bitcoin Glitch

Bithumb, South Korea's second-largest cryptocurrency exchange, is reportedly seeking to reappoint its CEO, Lee Jae-won, for another two-year term. The move comes despite recent...

South Korea fines Bithumb $24.5M, imposes 6-month suspension over AML violations

South Korean regulators have fined cryptocurrency exchange Bithumb $24.5 million and imposed a six-month partial business suspension. The penalties follow an investigation that identified...

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