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BTS agency agrees to establish NFT joint venture with domestic blockchain company

Hybe, the agency of K-pop wonder BTS, diversified its business portfolio into such as non-fungible tokens through a joint venture with Dunamu, a blockchain...

S. Korea’s top financial regulator accused of giving special treatment to Upbit

With the South Korean government recently imposing strict new rules on the cryptocurrency industry that have driven dozens of digital asset platforms out of...

Upbit’s growth background is ‘insolvent coin’… 300 billion in transaction fees

Min Byeong-deok, a member of the National Assembly's Political Affairs Committee, announced on the 5th that Upbit had earned 314.3 billion won in commission...

Blockchain not a concept anymore, but part of real life, developers say

Blockchain is not a technological concept anymore. It’s starting to apply to real life and becoming a mainstream, irreversible trend, Dunamu CEO Lee Sir-goo...
A headquarter of Upbit, Gangnam-gu, Seoul. Dec.21st, 2018/News1 © News1 Lee Seung-bae

Upbit cements market leadership in South Korea’s crypto trading scene

Amid controversial regulatory efforts being made to keep cryptocurrency trading in order, Upbit appears to have solidified its leadership in the market. Upbit retained its...

Assembly puts brakes on crypto exchange shutdowns

Both the ruling and the opposition lawmakers are pressuring financial authorities to prevent the "annihilation" of small-size cryptocurrency exchanges in the domestic market, following...

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

Korean Financial Intelligence Unit Notifies Foreign Crypto Exchanges of Registration Obligations Access to foreign-based cryptocurrency exchanges can be denied and the platforms may face criminal...

South Korean crypto exchanges tighten personal trading rules for employees

Bithumb announced that starting this month, it had banned its employees from trading cryptocurrencies using Bithumb accounts. The exchange has made employees sign a...

Upbit Delists 24 Coins for Unmet Benchmarks, only BASIC Survives!

On June 18, UPbit announced the results of a weeklong internal inspection of 25 digital assets that had been flagged for further review. Of...

Upbit, the 1st domestic crypto exchange, issued a cautionary warning for 30 coins.

The following is a notice from upbit posted on June 11th at 5:30 pm. End of trading support on KRW pair (5 projects) ​ Dear Upbit...

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