Flybit won the Financial Services Commission Chairman’s Commendation Award on Anti-Money Laundering Day
November 28, 2023. South Korean virtual asset exchange Flybit has received the highest rating in the comprehensive anti-money laundering (AML) evaluation conducted annually by...
The Bank of Korea Begins Testing CBDC Real Transactions for The General Public
Central bank digital currency (CBDC) usability testing will be conducted on up to 100,000 ordinary people in the fourth quarter of next year. When...
‘Block Festa 2023: OPENING THE GATEWAYS’
'Block Festa 2023: OPENING THE GATEWAYS' will be held at Dream Plus in Gangnam, Seoul on December 7. Block Festa is a venue for...
Blockchain Based Golf Tournament 2023
The world's first blockchain-based golf tournament, 'Wemix Championship 2023', was successfully completed. This tournament was held at Haeundae Beach Golf & Resort in Busan...
South Korean Traders Fuel Surge in Crypto Market Volume
Traders in Asia, especially South Korea, have played a major role in driving the unexpected surge in digital asset market volume. Data from CCData...
Korea’s leading blockchain event ‘UPbit D Conference (UDC)’ held on November 13th
‘UDC (Upbit Developer Conference)’, Korea’s leading blockchain conference, has returned after getting rebranded to ‘UPbit D Conference’.
This year marks the 6th UDC since its...
National Pension Fund of Korea Bought $19.94 million Worth of Coinbase Stock
The National Pension Service (NPS) has purchased approximately $26 billion worth of shares of NASDAQ-listed Coinbase. This is the first time that the pension...
How about investing in exchange stocks instead of Bitcoin?
So far this year, Bitcoin price has gone up by 120%, and Ethereum 74%.
MicroStrategy, the company that has been steadily and aggressively purchasing Bitcoin...
South Korean Crypto Exchange Bithumb Eyes IPO in Move to Challenge Upbit’s Market Dominance
Bithumb Targets Kosdaq Listing; Chooses Samsung Securities as Its Fund Manager
According to Edaily, a South Korean news outlet, Bithumb could pursue an initial public...
More than 70% of Korea’s KBank deposits tied to crypto exchange UpBit
Korean digital bank KBank has 70% of its deposits tied to cryptocurrency. The bank is majority-owned by telecoms firm KT. Upbit, the dominant Korean...
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Ruling and Opposition Parties Agree on Two-Year Delay for Virtual Asset...
The ruling and opposition parties in South Korea have agreed to postpone the taxation on virtual asset income by two years. With the Democratic...
