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Busan Digital Asset (BDX) and GreenX Sign MOU for Strategic Partnership

Busan Digital Asset Exchange (BDX) and Malaysia's GreenX have agreed to jointly explore and list Real World Assets (RWA). BDX announced on the 2nd...

Domestic Crypto Exchanges to Re-evaluate Over 1,333 Cryptocurrencies

Starting from the 19th, major domestic cryptocurrency exchanges in South Korea will begin re-evaluating over 1,333 cryptocurrencies that are currently supported for trading. This...

Lee Seok-woo, CEO of Dunamu, Reappointed as Chairman of DAXA

Lee Seok-woo, CEO of Dunamu, will continue to serve as the chairman of the Digital Asset eXchange Alliance (DAXA) until the end of the...

Implementation of the Virtual Asset User Protection Act… Strengthening User Deposit Safety and Cracking...

In the future, if a virtual asset service provider (VASP) goes bankrupt, banks will be required to return deposits to users. The Financial Services...

Upbit to Host 10 Bitcoin Trading Competition

Dunamu (CEO Lee Seok-woo) has announced that it will host the first 'Upbit Investment Major League' from July 3 to 16, offering a total...

Korean Re Begins Cryptocurrency Insurance Rate Calculation, Anticipating Domestic Launch

Korean Re, the only reinsurance company in Korea, has begun calculating insurance rates for cryptocurrency transactions to cover incidents such as hacking. This move...

Review for maintaining listing of 600 virtual assets… Problem stocks are scheduled to be...

With the Cryptocurrency User Protection Act set to take effect next month, cryptocurrency exchanges will conduct a comprehensive review of the listing status of...

Delio CEO Denies Fraud Charges in First Trial Over Crypto Asset Scandal

The CEO of Delio, a crypto asset custody firm embroiled in controversy after halting withdrawals without prior notice, denied all charges in the first...

Government-led Integrated Disclosure System for Virtual Assets to be Established

The government is set to establish an integrated system for managing virtual asset disclosure information. This system aims to protect investors by allowing them...

Authorities Introduce Guidelines for Determining When Non-fungible Tokens Qualify as Virtual Assets

The Financial Services Commission introduced guidelines on non-fungible tokens (NFTs) on June 10 to provide clear standards and examples on determining when NFTs should...

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