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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...

Crypto transaction volume surpasses $43.11 billion, 3x bigger than volume of the country’s two...

South Korean’s frenzy for digital coins, especially alternative coins, has pushed the transaction volume for cryptocurrencies past 45 trillion won ($43.11 billion) in the...
Picture=Upbit

Cryptocurrency Exchange Coinbase’s Stock Market Debut

Investors eager to get their hands on Coinbase Global stock once the company goes public will have to wait a bit longer than originally...

Korea Banks still wary of cryptocurrency partnership

Currently, three banks -- Shinhan, NH Nonghyup and K bank -- are in partnerships with the country’s four largest exchanges -- Upbit, Bithumb, Coinone...

Korea Cryptocurrency Exchange Excited

Bithumb Korea, which operates Bithumb Korea, posted 149.3 billion won in sales and 83.8 billion won in net profit by the third quarter of...
A headquarter of Upbit, Gangnam-gu, Seoul. Dec.21st, 2018/News1 © News1 Lee Seung-bae

Upbit exchange added digital asset phone number transfer function

The phone number remittance function can be used by clicking the “Withdrawal” tab of the digital asset you want to remit from the “Deposit...
A headquarter of Upbit, Gangnam-gu, Seoul. Dec.21st, 2018/News1 © News1 Lee Seung-bae

Crypto Exchange UpBit Scores Full Deck of Licenses From Thai SEC

After a series of regulatory changes led the South Korean exchange UpBit to force out its foreign users from the platform, the company is...

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