FSC to Launch Full Investigation into Crypto Trading Fees — Laying Groundwork for Lee...
South Korea’s Financial Services Commission (FSC) has initiated a comprehensive investigation into the fee structures of major cryptocurrency exchanges, a move widely seen as...
South Korea’s Ruling Party to Introduce “Phase 2 Crypto Legislation” Next Month, Raising Stablecoin...
South Korea’s ruling Democratic Party (DP) is preparing to submit the second phase of cryptocurrency-related legislation as early as next month. Following its first-step...
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...