In a recent turn of events, the average monthly trading volume on South Korea’s five main won-based exchanges—Upbit, Bithumb, Coinone, Korbit, and …
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Finance
Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa
by shayaanby shayaanLuno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting …
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Regulation
South Korea police raid Bithumb over lawmaker hiring favoritism probe: report
by shayaanby shayaanSouth Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi. Kim allegedly …
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Regulation
Trader Loses 1,680 BTC Fight as South African Court Classifies Bitcoin as Capital
by shayaanby shayaanA South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) …
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Regulation
South Korea opens reporting period for 2025 overseas financial accounts
by shayaanby shayaanSouth Korea has opened the reporting window for individuals to declare overseas financial accounts held during 2025, with the submission period running …
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Regulation
South Korea Sets National Goal for Digital Asset Ecosystem, Targets February 2027 for Security Token Act
by shayaanby shayaanSouth Korea has officially designated the development of a digital asset ecosystem as a national priority, marking a significant step in the …
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South Korean prosecutors have charged a group accused of running a rug pull tied to CATFI, a Solana-based meme coin. Summary South …
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Regulation
South Africa Treasury Extends Crypto Compliance Deadline to June 30
by shayaanby shayaanIn South Africa crypto regulation news, the National Treasury and the South African Reserve Bank extended the public comment deadline for draft …
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Regulation
South Korean Regulator Scrutinizes Polymarket for Possible Gambling Violations
by shayaanby shayaanSouth Korea’s Broadcasting and Communications Deliberation Committee has launched a review of Polymarket, the blockchain-based prediction market platform, to determine whether its …
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Regulation
South Korean Candidate Kim Nam-guk Faces Election Law Probe Over Crypto Declaration Discrepancy
by shayaanby shayaanKim Nam-guk, a candidate for the Democratic Party of Korea in the upcoming June 3 parliamentary by-election for the Ansan Gap district …