South Korean authorities have officially confirmed that the 2019 hack of the cryptocurrency exchange Upbit, involving 342,000 Ethereum (then valued at 58 billion won, approximately $41.5...
South Korean authorities have launched an investigation into the encrypted messaging app Telegram to determine whether it has been complicit in the distribution of sexually explicit,...
The South Korean government has introduced a new digital system to track tax evaders’ cryptocurrency transactions. In a bid to crack down on tax evaders, the...
South Korea’s ruling party, the People Power Party, is considering including specific measures related to virtual assets in its upcoming general election pledges. One key consideration...
South Korea is implementing stringent measures against cryptocurrency crimes through its inaugural law designed to safeguard digital asset investors. The new law, set to be effective...
The Financial Services Commission of South Korea plans to implement revised virtual asset service provider reporting requirements by the end of March 2024. South Korea’s financial...
In response to the SEC’s approval of spot Bitcoin ETFs in the United States, the Office of the President of the Republic of Korea has urged...
South Korea’s financial regulator, the Financial Services Commission (FSC), has submitted a proposal aimed at regulating the use of credit cards by its citizens to buy...
The South Korean financial regulators have announced a program for the public to report unlicensed cryptocurrency exchanges operating within the country. In an announcement on Dec....
Allegations of supply manipulation by South Korean regulatory officials, caused a sharp fall in the price of the SUI token. The SUI token, after the Sui...
According to South Korean cryptocurrency exchange Upbit, a report from their operating firm stated that the company has been targeted by hackers on more than 159,000...
The South Korean cryptocurrency exchange Upbit has resumed Aptos (APT) deposits and withdrawals after addressing an issue that resulted in a scam APT token being mistakenly...
Busan, the second-largest city in South Korea, is making notable advancements using blockchain technology. The city is constructing a blockchain mainnet at the city level that...
The Korea Customs Service reported that individuals conducted illegal foreign exchange transactions involving digital currency, estimating the total value at approximately $4 billion last year. South...
The South Korean government is actively pursuing measures to track and freeze North Korean cryptocurrency and virtual assets used to fund illicit weapons programs. The country...
The Bank of Korea has chosen three regions, excluding Seoul, to pilot its Central Bank Digital Currency(CBDC). On July 31st, the bank confirmed these regions as...
South Korean crypto lender Delio has been forced to halt certain interest payments following a recent investigation resulting in asset seizure (of Delio and its customers)...
The South Korean government has updated its crypto regulations, requiring companies in the crypto market to include their activities in their financial statements. According to the...
The South Korean Parliament has passed its first independent digital-asset bill to promote investor protection. The Virtual Asset User Protection legislation integrates 19 crypto-related bills, defining...
