SEOUL, South Korea – March 2025: In a decisive move that underscores the nation’s hardening stance on digital asset oversight, South Korean …
Korean
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Finance
Won Stablecoin Consortium Gains Momentum as South Korean Agricultural Cooperatives Consider Strategic Entry
by shayaanby shayaanSEOUL, South Korea – Major agricultural financial institutions are now evaluating participation in South Korea’s emerging won stablecoin ecosystem, signaling a significant …
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Regulation
South Korean Crypto Exchange Giant Bithumb Fined $24,800,000 Over Alleged Customer Verification Failures
by shayaanby shayaanSouth Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification …
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Smart Contracts
US Treasury Sanctions Alleged $800 Million North Korean IT Worker Fraud Operation
by shayaanby shayaanThe U.S. Treasury Department on Thursday imposed sanctions on six individuals and two entities linked to a North Korean government scheme that …
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Markets
How this week's rout in Korean stocks might have triggered crypto's surge higher
by shayaanby shayaanKorea’s tech-heavy Kospi has plunged 20% in the last two trading sessions, potentially pushing that country’s fast-money chasing traders back into crypto. …
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Scams
Ethereum Tokens Swiped, Returned After South Korean Tax Service Publishes Wallet Seed Phrases
by shayaanby shayaanIn brief The South Korean National Tax Service (NTS) shared seed phrases from seized crypto wallets in a press release. The contents …
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Regulation
South Korean FTC Launches Aggressive M&A Review in Digital Markets Amid Crucial Dunamu Deal
by shayaanby shayaanSEOUL, South Korea – February 2025: In a decisive move that signals a new era of regulatory scrutiny, South Korea’s Fair Trade …
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Scams
South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder
by shayaanby shayaanIn brief Lawmakers in South Korea are intensifying scrutiny on financial regulators that missed a structural issue that led to $43 billion …
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Scams
Google Warns of AI-Powered North Korean Malware Campaign Targeting Crypto, DeFi
by shayaanby shayaanIn brief North Korean actors are targeting the crypto industry with phishing attacks using AI deepfakes and fake Zoom meetings, Google warned. …
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Scams
South Korean Crypto Exchange Accidentally Gave Away $43 Billion in Bitcoin
by shayaanby shayaanIn brief South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a tiny cash reward. The error was …