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South Korea flags record suspicious crypto transactions in 2025: Report
22.9.2025
South Korea reportedly flagged a record 36,684 suspicious crypto transactions in 2025, surpassing the combined total of the past two years
BDACS Launches Won-Backed Stablecoin, After PoC With Woori Bank
18.9.2025
BDACS announced the launch of KRW1, a South Korean won-backed stablecoin, following a proof of concept that validated its technical design. BDACS Targets Payments and Public Disbursements With KRW1 Stablecoin KRW1 is trademarked by BDACS and issued on the Avalanche (AVAX) blockchain. The company...
Korean Court Sentences Accomplices in V Global Crypto Fraud to Suspended Prison Terms
16.9.2025
A South Korean court has given suspended prison sentences to three individuals involved in the V Global cryptocurrency fraud. Suspended Jail Sentences for Accomplices in V Global Scam A South Korean court has sentenced three individuals linked to the fake cryptocurrency exchange V Global—accused...
South Korean Exchanges Show BTC Is Cheaper Than Global Index This Weekend
15.9.2025
Based on market trackers, bitcoin’s price action in South Korea has been a seesaw ride when stacked against BTC’s weighted global exchange rate across multiple venues. Over the weekend, prices on local hubs like Upbit and Bithumb currently carry a slight markdown. Bitcoin in Seoul Dips Below Global...
Bitcoin Bulls Beware, South Korean Kospi Setting Record Highs Could Stop BTC's Bull Run: Analyst
11.9.2025
Alphractal called Kospi's record high an incremental signal that bitcoin's bull run may be nearing an end
South Korea crypto firms get ‘venture company’ status next week
11.9.2025
South Korea’s Minister of SMEs and Startups, Han Seong-sook, said the regulatory change could stimulate growth in crypto and blockchain technologies
South Korea crypto firms get ‘venture company’ status next week
11.9.2025
South Korea’s Minister of SMEs and Startups, Han Seong-sook, said the regulatory change could stimulate growth in crypto and blockchain technologies
South Korea crypto firms get ‘venture company’ status next week
11.9.2025
South Korea’s Minister of SMEs and Startups, Han Seong-sook, said the regulatory change could stimulate growth in crypto and blockchain technologies
Factblock CEO: Crypto Culture and Cutting-Edge Tech Make Korea a Web3 Testbed
9.9.2025
South Korea is emerging as a global leader in technologies like blockchain and artificial intelligence, driven by a cultural openness to innovation and a robust digital infrastructure. Regulatory support plays a crucial role in this landscape, exemplified by the Virtual Asset User Protection...
South Korean crypto exchange Upbit launches Ethereum L2
9.9.2025
South Korean crypto exchange Upbit confirmed it has launched Giwa, an Ethereum layer 2 on testnet, focused on one-second block times and optimizing user experience
South Korean crypto exchange Upbit launches Ethereum L2
9.9.2025
South Korean crypto exchange Upbit confirmed it has launched Giwa, an Ethereum layer 2 on testnet, focused on one-second block times and optimizing user experience
Upbit Parent Files ‘GIWA’ Trademarks Amid Rumors of New Blockchain Launch
8.9.2025
A website tied to the name of the project is live, featuring a countdown suggesting an announcement could be made within the next few hours
South Korea caps crypto lending rates at 20%, bans leveraged loans
5.9.2025
South Korea’s Financial Services Commission introduced new rules for crypto lending, banning leveraged loans, capping interest at 20% and restricting use to the top coins
Stellar Upgrade Triggers Trading Pauses on Major Exchanges, XLM Faces Resistance
3.9.2025
South Korea’s largest exchange pauses operations as Stellar prepares for a major network overhaul, with XLM price action showing resistance at $0.37
South Korea FSC nominee says crypto has ‘no intrinsic value’
1.9.2025
Lee Eok-won, South Korea’s Financial Services Commission chief nominee, dismissed cryptocurrency as highly volatile and lacking intrinsic value
South Korea’s Top Banks Said to Meet Tether, Circle on Stablecoin Partnerships: Report
22.8.2025
In separate meetings, executives from Shinhan, Hana, KB Financial and Woori Bank will explore the role of dollar-pegged and won-pegged stablecoins in the country
South Korea orders exchanges to halt crypto lending services
19.8.2025
South Korea’s financial regulator ordered crypto exchanges to halt new crypto lending services as thousands of users suffered forced liquidations
South Korea orders exchanges to halt crypto lending services
19.8.2025
South Korea’s financial regulator ordered crypto exchanges to halt new crypto lending services as thousands of users suffered forced liquidations
South Korea orders exchanges to halt crypto lending services
19.8.2025
South Korea’s financial regulator ordered crypto exchanges to halt new crypto lending services as thousands of users suffered forced liquidations
South Korea Tells Crypto Firms to Stop Launching New Lending Products as Leverage Risk Builds
19.8.2025
Regulators froze new lending products after forced liquidations and market distortions, but some analysts say improvements, not shutdowns, are the smarter path forward