South Korea - Page 8

South Korea accounts for over 30% of global cryptocurrency trading. Discover how this vibrant market shapes trends and investment opportunities.

Bitcoin·South Korea·

4 months ago

Gangnam Police Report Loss of 22 Bitcoins Worth ₩2.1 Billion from Custody

Significant Loss of Digital Assets Reported Authorities from the Gangnam Police Station in South Korea have reported a significant loss of digital assets, as 22 Bitcoins, valued at approximately ₩2.1 billion (about

Bitcoin·

6 months ago

Korbit Faces ₩2.73 Billion Penalty from South Korean FIU for AML Violations

South Korea’s Financial Intelligence Unit Takes Action Against Korbit The Financial Intelligence Unit (FIU) of South Korea has taken decisive action against the local cryptocurrency exchange Korbit, imposing a ₩2.73 billion fine

21Shares·

1 year ago

Crypto Market Sentiment for 2025-05-29

Market Overview The overall market sentiment reflected in the news headlines is positive, primarily highlighting significant advancements and developments in the cryptocurrency and blockchain sectors. Key Events and Trends Ethereum’s Market Performance:

South Korea’s Supreme Court Rules on Legal Confiscation of Bitcoin Stored on Exchanges

South Korea’s Supreme Court Ruling on Cryptocurrency Confiscation In a landmark ruling, South Korea’s Supreme Court has determined that cryptocurrencies, specifically Bitcoin held on exchange platforms, can be legally confiscated under the

6 months ago

Bitcoin·Legal

Flow Foundation Progresses in Recovery Phase, Aims for EVM Restoration Soon

Flow Foundation Announces Recovery Strategy Following Exploit In a recent announcement, the Flow Foundation detailed notable advancements in its recovery strategy following a $3.9 million exploit of its blockchain infrastructure that occurred

6 months ago

Hack

South Korea Delays Digital Asset Regulation Until 2026 amidst Disagreements Over Stablecoin Management

Delay in Digital Asset Basic Law Implementation In a significant development for the cryptocurrency market, South Korea has decided to delay the implementation of its Digital Asset Basic Law until 2026. This

6 months ago

Bitcoin·Legal

South Korea Enhances Regulations on Small Cryptocurrency Transfers to Combat Financial Crimes

South Korea’s New Cryptocurrency Regulations In a bid to address the financial risks associated with cryptocurrency transactions, South Korea is set to reinforce regulations regarding exchanges involving amounts less than 1 million

6 months ago

Bitcoin·Legal

Turmoil in South Korea’s Crypto Sector: Lawmaker’s Allegations and ALT5 Sigma’s Audit Controversy

Political Scrutiny in South Korea The political landscape in South Korea is facing scrutiny as Kim Byung-kee, a prominent figure from the ruling Democratic Party and a current member of the National

6 months ago

Bitcoin

Lithuanian Extradited for Allegedly Stealing $1.8 Million in Cryptocurrency via Malware

Extradition of Lithuanian Man for Cryptocurrency Theft A Lithuanian man, aged 29, has been extradited from South Korea, where he faced accusations of orchestrating a sophisticated theft of approximately $1.8 million in

6 months ago

Bitcoin·Hack

South Korean Legislator Urges Swift Regulation of Stablecoins to Safeguard Financial Sovereignty

Urgent Call for Stablecoin Regulations A South Korean lawmaker has urged the government to hasten the establishment of regulations surrounding stablecoins, citing the potential jeopardization of the country’s monetary autonomy if action

6 months ago

Legal

Investigation Launched into Cryptocurrency Fraud Scheme by South Korean Authorities

Counterfeit Currency Investigation in South Korea Authorities in South Chungcheong province, South Korea, are delving into a network accused of creating and distributing counterfeit 50,000-won notes to defraud cryptocurrency traders. The criminal

6 months ago

Bitcoin

FDIC Unveils Proposed Regulations for Stablecoin Issuance Under the GENIUS Act

FDIC Proposes New Rules for Stablecoin Regulation The Federal Deposit Insurance Corporation (FDIC) has taken a significant step in the regulation of stablecoins by unveiling a proposed set of rules tied to

6 months ago

Legal

Financial Services Commission of South Korea Fails to Present Stablecoin Legislation on Time

South Korea’s Stablecoin Legislation Update In South Korea, the Financial Services Commission (FSC) has failed to meet a crucial deadline to present a new stablecoin legislation, sparking ongoing discussions about the regulatory

6 months ago

Legal

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South Korea - Page 8

Gangnam Police Report Loss of 22 Bitcoins Worth ₩2.1 Billion from Custody

Korbit Faces ₩2.73 Billion Penalty from South Korean FIU for AML Violations

Crypto Market Sentiment for 2025-05-29

South Korea’s Supreme Court Rules on Legal Confiscation of Bitcoin Stored on Exchanges

Flow Foundation Progresses in Recovery Phase, Aims for EVM Restoration Soon

South Korea Delays Digital Asset Regulation Until 2026 amidst Disagreements Over Stablecoin Management

South Korea Enhances Regulations on Small Cryptocurrency Transfers to Combat Financial Crimes

Turmoil in South Korea’s Crypto Sector: Lawmaker’s Allegations and ALT5 Sigma’s Audit Controversy

Lithuanian Extradited for Allegedly Stealing $1.8 Million in Cryptocurrency via Malware

South Korean Legislator Urges Swift Regulation of Stablecoins to Safeguard Financial Sovereignty

Investigation Launched into Cryptocurrency Fraud Scheme by South Korean Authorities

FDIC Unveils Proposed Regulations for Stablecoin Issuance Under the GENIUS Act

Financial Services Commission of South Korea Fails to Present Stablecoin Legislation on Time

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FIU of South Korea flags 40 unauthorized crypto businesses, consumer safety under scrutiny

OpenPayd Receives MiCA Authorization to Enhance its Stablecoin Offerings Throughout Europe

Crypto Whale Actions for 2026-06-24

SecondFi’s Security Breach Highlights Vulnerabilities in Cardano Wallet Software, Potential Losses Exceed $20 Million

South Korea - Page 8

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