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Bitcoin overseas remittance surge… Woori Bank establishes monthly remittance limit

In Korea, there are more arbitrage transactions using the so-called 'kimchi premium' phenomenon, where the price of bitcoin is higher than that of other...

Binance KR Applied for Provisional Injunction against Woori Bank

Deposits to account of Binance KR, a cryptocurrency invested by Binance, were restricted by measures of Woori Bank. And it caused legal disputes. Woori Bank...

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FSC to Shift Crypto Exchange Listings from Self-Regulation to Public Oversight

The Financial Services Commission (FSC) of South Korea has announced plans to shift the management of crypto-asset exchange listings from a self-regulatory framework to...