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BitGo secures first direct VASP registration for foreign crypto firm in South Korea

BitGo has become the first foreign cryptocurrency firm to register a Korean subsidiary directly as a Virtual Asset Service Provider, after the Financial Intelligence...

Ripple expands in Korea as Jeonbuk Bank adopts Ripple Payments, boosting XRPL utility.

Ripple has expanded its payments network in Korea through a new partnership with Jeonbuk Bank, the first regional bank in the country to use...

South Korea blocks Polymarket as illegal gambling, joins global crackdown

South Korea has ordered domestic access to Polymarket blocked after regulators determined the platform facilitates illegal gambling. The Korea Media and Communications Commission announced...

South Korea’s new crypto rules restrict all offshore transfers and monitor any large moves

South Korea has intensified restrictions on crypto users moving funds between domestic and offshore exchanges. Bybit, MEXC, and HTX lost access to the local...

North Korea Linked to 55% of $1.1B Crypto Hacks in H1 2026

North Korea-linked attackers stole over half of all crypto funds lost in the first half of 2026, according to a new report from Blockaid....

South Korea confirms 2027 crypto tax, police bust $19M XRP staking scam

South Korea has confirmed that cryptocurrency taxation will officially begin on January 1, 2027, after multiple delays. Finance Minister Koo Yun-chul stated the government...

Derive (DRV) surges 40% on Upbit listing, opens South Korea’s crypto market

Derive (DRV) will gain three trading pairs—Korean won, Bitcoin, and Tether—on Upbit starting July 14, expanding access to one of Asia’s largest crypto markets....

South Korea’s Toss Bank Teams with Solana to Test Faster Stablecoin Remittances

South Korea's Toss Bank has signed a memorandum of understanding with the Solana Foundation to explore blockchain-based cross-border payments. The partnership, the first of...

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