South Korea AI ambitions faced a major test this week after a government-backed competition to build a fully domestic artificial intelligence model was rocked by revelations that a majority of ...
South Korea crypto regulation is poised for another major shift as financial authorities consider giving regulators the power to freeze crypto accounts before suspected market manipulators can move or launder ...
South Korea's Financial Intelligence Unit has concluded that Bithumb violated multiple anti-money laundering and know-your-customer regulations following a nine-month inspection that began in March 2025, potentially exposing the exchange to ...
South Korean cryptocurrency exchange Bithumb has launched a recovery campaign to reunite customers with approximately $200 million in dormant assets spread across 2.6 million inactive accounts, some untouched for nearly ...
A South Korean cryptocurrency exchange operator has been sentenced to four years in prison for accepting $525,000 in bitcoin to recruit an active-duty military officer who attempted to steal classified ...
South Korea's stablecoin regulatory framework has been delayed until 2026 as the Bank of Korea and Financial Services Commission clash over who should be allowed to issue the digital assets. ...
A former Coupang employee exploited retained system access to steal personal data from 37.7 million users over a five-month period, prompting South Korea's e-commerce giant to announce a $1.17 billion ...
Do Kwon, the South Korean entrepreneur behind the Terra cryptocurrency collapse, was sentenced to 15 years in prison Thursday for what a federal judge called an "epic, generational" fraud. U.S. ...
South Korea is moving to impose bank-level liability standards on crypto exchanges following a $30.1 million hack at Upbit last month, shifting toward treating major platforms with the same regulatory ...
South Korea's ruling and opposition parties agreed to fast-track legislation requiring banks to control at least 51% of any stablecoin issuance consortium, targeting passage by January 2026 after months of ...
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