12x Marketing Blitz” Pays Off — Bithumb’s Bold Bet Delivers Market Share and Profit
Bithumb, one of South Korea’s leading cryptocurrency exchanges, has reaped the rewards of its aggressive “marketing blitz” strategy. In 2024, the exchange spent an...
“Bidan” Set to Launch — Busan Digital Asset Exchange Acquires SenGold, Expands RWA Capabilities
Busan is accelerating its ambition to become a digital finance hub with the upcoming launch of “Bidan,” a newly rebranded digital asset exchange built...
Hecto Financial Enters the Stablecoin Payment Market in Full Force: Eyes Global Expansion
South Korean fintech firm Hecto Financial is officially entering the stablecoin-powered payment market, leveraging its experience in local digital payment infrastructure and new partnerships...
₩9.6 Billion Crypto Slush Fund? Hancom Chairman Kim Sang-cheol Denies Allegations in Court
Kim Sang-cheol, chairman of the Hancom Group, stood trial for allegedly creating a ₩9.6 billion ($7 million) slush fund through cryptocurrency transactions, firmly denying...
Dunamu Invests ₩38.4 Billion in Information Security Over Four Years: “Security Is Core to...
Dunamu, operator of South Korea’s largest cryptocurrency exchange Upbit, has disclosed that it invested a total of ₩38.4 billion (approx. $28 million) in information...
Circle Surges, Meets Bank of Korea — Crypto Inches Closer to Mainstream Integration
The global crypto industry is rapidly approaching regulatory normalization, with Circle, the issuer of USDC, now at the forefront. The recent passage of the...
‘IXO™ Season 3’ Blockchain Investment Conference to Kick Off in Seoul on June 24
The third season of the blockchain investment conference ‘IXO™’ will be held on June 24–25 at the Textile Center Conference Hall in Gangnam, Seoul....
Crypto-Based Illegal Remittance Uncovered: 61 Money Exchange Businesses Busted by Korean Customs
South Korea’s Customs Service has uncovered widespread illegal activity involving 61 money exchange businesses, some of which were found to have facilitated large-scale underground...
DAXA Distributes 10,000 Leaflets Nationwide to Prevent Crypto Investment Scams
The Digital Asset eXchange Alliance (DAXA), a coalition of South Korea’s major cryptocurrency exchanges, has launched a comprehensive campaign to protect investors from increasingly...
K-Bank Joins Open Blockchain & DID Association, Accelerates Stablecoin Issuance Plans
K-Bank, Korea’s first internet-only bank, has officially joined the Open Blockchain & DID Association (OBDIA), signaling its intent to actively participate in the development...
LATEST ARTICLES
FSC Implements DAXA Self-Regulatory Guidelines on Virtual Asset Lending from September...
The Financial Services Commission (FSC) announced that, starting September 5, the Digital Asset Exchange Alliance (DAXA) will enforce self-regulatory guidelines for virtual asset lending...
