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Bank of Korea’s Stance Slows Private KRW Stablecoin Push, Awaiting Key Digital Asset Act

The Bank of Korea is advocating for a bank-led model for stablecoin issuance, creating a regulatory debate over private sector participation. With over 18...

South Korea drafts crypto seizure rules for police after lost assets

South Korea's National Police Agency has drafted new guidelines for handling seized cryptocurrencies, including privacy-focused assets. The move follows incidents of lost or mishandled...

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...

South Korea’s Push for Won Stablecoin Sparks Expert Debate on Capital Flows

South Korea's Financial Services Commission plans to exclude U.S. dollar-based stablecoins from corporate trading, encouraging Won-based alternatives to protect monetary sovereignty. Blockchain researcher Jinsol...

ICP Soars 16% After Upbit Listing in South Korea, But Can It Hold Gains?

Internet Computer's ICP token surged approximately 16% following its listing on Upbit, South Korea's largest cryptocurrency exchange. The price rose from around $2.35 to...

South Korea’s FIU Threatens Bithumb with 6-Month Partial Suspension Over AML Failures

South Korean regulators have issued a preliminary notice to the crypto exchange Bithumb, warning of a potential six-month partial business suspension and sanctions against...

South Korea’s FIU Issues Bithumb Preliminary Sanction Notice for AML Violations

South Korea's Financial Intelligence Unit has issued a preliminary sanctions notice to cryptocurrency exchange Bithumb for alleged anti-money laundering compliance failures. The notice outlines...

Bithumb Faces Potential Six-Month Suspension South Korea AML Violations

South Korea's Financial Intelligence Unit has issued a preliminary notice for a six-month partial suspension to cryptocurrency exchange Bithumb over alleged anti-money laundering and...

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