Bithumb Launches ‘Crypto Lending’ Service with Leverage Up to 4x — Eyes on Institutional...
South Korea’s major cryptocurrency exchange Bithumb has officially launched its crypto lending service, allowing users to borrow digital assets by putting up their existing...
Lee Jae-myung Administration to Push “New Economy Taxation,” Crypto Taxes May Start in 2027
The Lee Jae-myung administration is drawing attention as it unveils a detailed roadmap for crypto asset taxation under its “New Economy Taxation” framework. The...
“North Korea Responsible for 70% of Global Crypto Hacks,” Led by Lazarus Group
North Korea is reportedly behind 70% of all global cryptocurrency hacking damage, sparking widespread alarm. According to a recent report by U.S.-based blockchain analytics...
As Corporate Investment Opens, Upbit and Bithumb Ignite Race for High-Net-Worth Clients
Korean cryptocurrency exchanges are moving swiftly to secure high-net-worth and institutional clients ahead of the full legalization of corporate investments. The Financial Services Commission...
Korean Government to Tighten Oversight on Hidden Crypto Assets in Debt Relief Program
The Korean government has decided to significantly strengthen its oversight of cryptocurrency assets as more debtors exploit debt relief programs to conceal their digital...
WEMIX 3.0 Mainnet Integrates USDC.e Stablecoin Through Collaboration With Circle and Chainlink
Wemade’s blockchain platform, WEMIX 3.0 Mainnet, has officially integrated the global stablecoin USDC.e as part of its strategy to expand ecosystem liquidity. USDC.e is...
Fractional Investment and Token Securities in Spotlight as Korea Pushes Digital Asset Development
As the government unveiled its roadmap to foster the digital asset sector, fractional investment and token securities (STO) have emerged as core pillars of...
Danal Files 20 Trademarks for Stablecoins, Signaling Expansion Plans
Danal, a leading digital payment company, has filed a large number of trademarks related to stablecoins as it accelerates efforts to enter the digital...
Borrow Bitcoin with Collateral—Upbit Launches “Coin Lending” Service
Upbit, Korea’s largest cryptocurrency exchange, has launched a Bitcoin-backed lending service called “Coin Lending.” Users can pledge Bitcoin or Tether (USDT) as collateral to...
BitMEX Expands Bitcoin Holdings Sevenfold Compared to Start of Year
Global cryptocurrency derivatives exchange BitMEX has increased its Bitcoin reserves by approximately seven times in the first half of this year. The exchange’s Bitcoin...
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Bank of Korea Launches “Digital Asset Unit” to Address KRW Stablecoin...
In response to accelerating discussions on digital asset regulation and stablecoin institutionalization, the Bank of Korea (BOK) has established a new Digital Asset Unit...
