South Korea's Mirae Asset Group has agreed to acquire a 92% stake in cryptocurrency exchange Korbit for $93 million, placing one of the country's largest financial institutions at the center ...
South Korean authorities have launched a formal investigation after 22 Bitcoin worth approximately ₩2.1 billion vanished from the Gangnam Police Station's custody, where the assets had been held since a ...
Major cryptocurrency exchanges including Binance and OKX could lose access to Google Play in South Korea after the tech giant mandated that all crypto apps prove regulatory compliance by Jan. ...
South Korean authorities have charged two groups with orchestrating crypto price manipulation schemes using automated trading bots and coordinated fake orders, according to the Financial Services Commission. The suspects allegedly ...
BDACS launched KRW1, South Korea's first won-backed stablecoin, on Circle's Arc blockchain testnet this week, as regulatory debate intensifies over which institutions should be permitted to issue Korean currency-pegged digital ...
The Jeju crypto tax crackdown has intensified, with tax authorities in Jeju City beginning the process of freezing and seizing digital assets from individuals accused of evading tax payments. According ...
South Korea FSC has taken a bold regulatory leap by implementing stringent Know Your Customer (KYC) measures for cryptocurrency exchanges and non-profit organizations starting in June. The move marks a ...
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