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Top South Korean presidential hopefuls support legalizing Bitcoin ETFs


South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change.“All...

Top South Korean presidential hopefuls support legalizing Bitcoin ETFs


South Korea could soon follow Hong Kong in legalizing spot Bitcoin exchange-traded funds (ETFs), as the country’s top presidential candidates have expressed pro-crypto positions. Still, some industry observers remain cautious about the likelihood of near-term regulatory change.“All...

South Korea presidential front-runner pledges to approve Bitcoin ETFs


South Korea’s Democratic Party leader Lee Jae-myung has reportedly become the latest presidential candidate to promise the approval of spot crypto exchange-traded funds (ETFs) and other crypto-friendly measures, should he be elected.Lee announced his crypto promises on May 6 as part of...

South Korean crypto emerges from failed coup into crackdown season


South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up.The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December.In the aftermath, authorities...

South Korean crypto emerges from failed coup into crackdown season


South Korea kicked off 2025 with political chaos, regulatory heat and a crypto market finally brought to heel — or at least forced to grow up.The nation closed 2024 in disarray following then-President Yoon Suk Yeol’s botched martial law stunt in December.In the aftermath, authorities...

South Korean crypto exchange users hit 16M in ‘saturation point’


Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto...

South Korean crypto exchange users hit 16M in ‘saturation point’


Crypto exchange users in South Korea have crossed over 16 million after receiving a boost following US President Donald Trump’s election win last November. Data submitted to representative Cha Gyu-geun of the minor opposition Rebuilding Korea Party found over 16 million people had crypto...

Over 400 South Korean officials disclose $9.8M in crypto holdings


South Korea’s Ethics Commission revealed that high-ranking public officials in the country hold an average of 35.1 million won ($24,000) in crypto assets. On March 27, the country’s Ethics Commission for Government Officials reportedly disclosed that more than 20% of the surveyed...

South Korea raids Bithumb amid ex-CEO’s alleged $2M embezzlement


South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment. On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices in the country. The investigation centered around...

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