South Korea
South Korea Crypto Regulation: New Bill Targets Money Laundering
South Korea is about to amend its Foreign Exchange Transactions Act. The proposed amendment involves more oversight of crypto transactions. Suspicious transactions increased by 48.8%…
XRP Surpasses Bitcoin as South Korea’s Crypto Trading Favorite
XRP's trading volume in South Korea surpasses Bitcoin, reflecting its growing demand. CTF rewards program boosts XRP adoption by offering cashback and product redemption. Political…
Crypto Fund Recovery in South Korea Marks New User Protection Step
Digital Asset Protection Foundation is receiving deposits from failed operators. The Foundation aims to protect the rights and interests of digital asset users. Deposits received…
South Korean Court Upholds Hancom Crypto Scandal Verdict
Court denies Hancom Group chairman’s son’s crypto fraud case appeal. The court sentenced the chairman’s son to three years in prison. The suspect allegedly created…
XRP’s South Korea Slump: Political Unrest Sparks Price Crash
South Korea's political unrest and martial law declaration triggered a flash crash in cryptocurrencies. XRP saw a dramatic 54% drop on UpBit, struggling to recover…
Crypto Tax Delayed as South Korea Pushes Pro-Investment Reforms
Tax Reforms to Boost Market Growth and Delay Crypto Taxation in South Korea Budget Challenges and K-Chips Act Highlight Fiscal Priorities in Tax Revisions Bipartisan…
South Korea’s Financial Overhaul Includes Ending Capital Gains Tax
South Korea to address the abolition of capital gains tax on Dec. 10. The Financial Supervisory Service backs policies for capital market growth. DPK prioritizes…
Why South Korea’s Crypto Market Belongs to Altcoins
Every season is an altseason in South Korea. Altcoins comprise 93% of all crypto trades in South Korea. Bitcoin dominance experienced a sharp drop since…
South Korea’s Jeju Aims for Cashless City With Blockchain
South Korea’s Jeju plans to implement digital payments for cross-border transactions. The proposal is part of the "Jeju AI and Digital Transformation Roadmap." Jeju remains…
$19B Leaves South Korean Banks—Heading Straight to Crypto and Stocks
South Korean investors moved $19.2 billion from banks to riskier assets in five months. Cryptocurrency accounts among South Koreans aged 60+ surged by 30.4%. Younger…
