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South Korean Crypto Exchanges Scrap for Survival as Upbit Dominance Wanes

A “tectonic rift” is threatening to separate the South Korean crypto exchange Upbit from its rivals, as tensions begin to fray between domestic platforms. The...

S.Korea regulator to take innovation more into account on crypto regulations

South Korea's vice financial regulator chief said on Thursday that authorities would take innovation more into account in the next stage of regulating cryptocurrencies. Regulations...

Travel rule company ‘Code’ obtains international certification and enters into strategic partnership

Code, a travel rule solution company that is a joint venture between virtual asset exchange Bithumb, Coinone, and Korbit, has acquired ‘ISO/IEC 27001’, an...

Bithumb Making Aggressive Moves

Virtual asset exchange Bithumb has recently been making aggressive moves, such as scaling down and eliminating businesses with poor performance in recent months, and...

South Korean Regulator Rules NFTs Are Not Subject to Crypto Law

Download Here : The Virtual Asset User Protection Act South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets,...

South Korean Crypto Traders’ Influence Jumps During Recent Bitcoin Rally

South Korean crypto traders appear to be growing in influence during the recent rally that has seen Bitcoin surge more than 50% to the...

South Korea Launches Crackdown on Unlicensed Crypto Exchanges

South Korean financial authorities have launched a campaign urging the public to report unlicensed cryptocurrency exchanges. This initiative, a collaboration between the Digital Asset...

Coinone becomes the first domestic exchange to list Tether (USDT)

Coinone surprisingly listed Tether (USDT) at 17:00 on the 30th of last month. Among domestic exchanges, Coinone is expected to be the first to...

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...

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