South Korea Orders Crypto Exchanges to Halt Lending Services
South Korea’s top financial regulator has ordered local crypto exchanges to temporarily suspend all crypto lending services. The…
Bithumb to Curtail Crypto Lending Services
South Korean cryptocurrency exchange Bithumb announced it will scale back its crypto lending services after facing pressure from regulators.…
Datumo Raises $15.5M to Expand AI Safety Tools
Seoul-based Datumo secures $15.5M from Salesforce Ventures and others to enhance AI model evaluation and global expansion. According to a…
South Korea to Lift Restrictions on Crypto Venture Firms
If South Korea removes its limitations on crypto companies, they could receive venture status, access to tax discounts, capital, and…
South Korea Stock Rally Sparks Crypto Stablecoin Boom
South Korea’s stock surge, led by Kakao Pay and LG CNS, ties to the new president’s won‑backed stablecoin push and crypto reforms. President…
South Korea Pushes Stablecoin Legalization
South Korea’s Democratic Party, led by Lee Jae-myung, proposes won-backed stablecoin to curb $40.8B outflows, outpacing US crypto regulation.…
South Korea Launches Crypto Regulatory Overhaul
South Korea, a top crypto market, will revamp regulations with stricter KYC and institutional trading rules in 2025 with a new framework to…
South Korean Democrats Push KRW Stablecoin Launch
South Korean Democratic lawmakers aim to fast-track the rollout of a KRW-backed stablecoin, citing financial innovation and global digital…
Crypto, Key Factor in South Korea’s Presidential Race
South Korea’s June 3 election to replace Yoon Suk Yeol hinges on 15M crypto investors, 30% of voters, shaping the race. Given this,…
South Korea Presidential Front-Runner Backs Won Stablecoin
South Korea’s leading presidential candidate has proposed a won-based stablecoin, signaling growing political support for blockchain…
Alchemy Pay Secures E-Finance License in South Korea
Alchemy Pay has acquired an Electronic Financial Business registration in South Korea, enabling it to offer crypto transactions and local…
South Korea’s Bitcoin Kimchi Premium Hits High Amid Market Turmoil
South Korea’s bitcoin kimchi premium hit a 10-month high at 9.7% as local prices remained steady despite a global crypto sell-off. South…
Upbit Receives Suspension Notice In South Korea
Upbit has until Jan. 20 to address the FSC’s suspension notice or face a six-month ban on new registrations. Reportedly, Upbit, one of the…
South Korean Exchange Upbit Faces Sanctions Review
The FIU of South Korea has scheduled a review for Upbit next week to evaluate the allegations of 500,000 KYC violations. Upbit, the largest…
South Korea to Lift Ban on Corporate Crypto Investments
According to reports, South Korea intends to progressively remove its prohibition on business investment in virtual assets starting this year.…
South Korea Delays Corporate Crypto Account Rules
The Financial Services Commission (FSC) of South Korea refuted rumors that it plans to release a roadmap allowing corporate crypto accounts by…
Martial Law Triggers Bitcoin Plunge to $65K in South Korea
Bitcoin plunges to $65K on South Korean platforms after martial law disrupts liquidity; prices recover as political tensions ease and markets…
Crypto Analyst Warns of ‘Flash Crash’ As $618M Liquidated
A crypto analyst said a “flash crash” is possible; however, they perceive it as a purchasing opportunity, suggesting they are…
Bitcoin Plunges 30% Amid South Korea Martial Law
South Korea declares martial law amid political unrest; Bitcoin price plunges 30% on local exchange before rebounding, sparking market…
South Korea Crypto Trading Surges Past Stocks
South Korean retail traders flocked to “high momentum” tokensTravala Adds Solana Tokens like XRP, DOGE, ENS, and HBAR during Dec.…