South Korea
South Korea Eyes Preventive Crypto Freezes When Exchanges Suspect Hacking
South Korea’s financial regulator wants crypto exchanges to act faster when something looks wrong. The Financial Services Commission (FSC) said it will permit platforms to suspend deposits and withdrawals once...
South Korean Regulator Flags Naver–Upbit Merger Risks Before Won Stablecoin Market Even Exists
South Korea’s Fair Trade Commission (FTC) has opened formal deliberations on Naver Financial’s proposed acquisition of Dunamu, the operator of Upbit, after examiners identified potential competition concerns in payments, digital...
South Korean Crypto Exchange Gopax Stops Withdrawals After Hack Threat
Gopax, a crypto exchange in South Korea, suspended customer withdrawals and trading on November 6 after getting an email that threatened a hack. The exchange said it was taking emergency...
South Korea Seeks Two-Year Reprieve for Crypto Traders as 22% Gains Tax Slips to 2029
Crypto investors in South Korea would get two more years before paying tax on trading profits under a plan announced by Seoul on Thursday. It would be the fourth time...
Why Korean Traders Are Moving Into USDT After the Binance Hack
South Korean crypto traders are shifting funds into Tether (USDT) following Binance’s $6.3 billion hack, as concerns over further crypto price declines drive demand for dollar-backed stablecoins. Trading activity across...
Bithumb Security Breach Leaves Customer Data Under Review
Bithumb has confirmed that unauthorized access to its internal mobile groupware system caused a personal data leak. The exchange discovered the breach, noting that it is still investigating whether the...
South Korea Plans FX Law Change to Tighten Stablecoin Transaction Oversight
South Korea is preparing changes to its foreign exchange law that would bring stablecoin payments under closer scrutiny. The government and Bank of Korea are looking to tighten oversight of...
South Korea Targets Crypto Foundations: Which Altcoins Could Be Affected?
South Korea’s Financial Supervisory Service (FSS) plans to investigate suspected unfair trading involving crypto tokens linked to issuing foundations. According to local news outlet Digital Asset, the regulator will focus...
South Korea Extends Crypto Crackdown From Apps to Websites, Blocking 27 Exchanges
South Korea has cut domestic access to 27 crypto exchange websites that never registered with its financial intelligence regulator. MEXC, KuCoin, Phemex, XT.com and Bitrue are on the list, along...
AI Tokens Dominate South Korea’s Crypto Trading: What’s Driving It?
Korean retail traders are putting more won into AI-linked crypto tokens than into any other thematic category, according to a Chainalysis report. By June 2026, AI tokens led won-denominated trading...
South Korea’s FSC Considers Crypto Market Makers After JPYC Surge
South Korea’s FSC is looking at setting up an official market-making framework for digital assets after a big price swing in JPYC (a yen-pegged stablecoin) revealed liquidity gaps on local...
South Korea Plans Three-Phase Tokenized Asset Rollout Starting 2027
South Korea is getting ready to take tokenization beyond niche fractional investments and bring it into the mainstream of capital markets. The country’s Financial Services Commission (FSC) and Financial Supervisory...
South Korea Expands Travel Rule: What It Means for Your Wallet
From August 20, 2026, every transfer between South Korean VASPs (Virtual Asset Service Providers) becomes subject to Travel Rule requirements, regardless of value. Previously, the requirements only applied to crypto...
South Korea to Propose Stablecoin Consolidation Bill
South Korea’s Financial Services Commission plans to propose a consolidated digital asset bill covering stablecoins and wider market rules. FSC Chairman Lee Eog-weon presented the plan during a National Assembly...
Bank of Korea Completes Tokenized Cross-Border Payment Trial in 80 Seconds
The Bank of Korea (BOK) has completed a live cross-border payment trial that settled transactions using tokenized central bank reserves and commercial bank deposits, with the full process taking an...
South Korea Weighs Curbs on Samsung and SK Hynix Leveraged ETFs After Investor Losses
South Korean financial authorities are reviewing tighter restrictions on single-stock leveraged exchange-traded funds (ETFs) tied to Samsung Electronics and SK Hynix after market declines erased billions in retail investor wealth....
Bank of Korea’s CBDC Trial Lacked Independent Security Audits: Report
The Bank of Korea’s first central bank digital currency (CBDC) pilot was carried out without formal inspections during or after the trial, according to data submitted by South Korea’s Financial...
South Korea Moves to Pass Stablecoin Law by Year-End
South Korea’s government convened its first official forum on stablecoin legislation on Tuesday, with Deputy Prime Minister and Finance Minister Koo Yun-cheol presiding over discussions that signal a push to...
South Korea Restarts Digital Asset Law Discussions With Year-End Target
South Korea has resumed efforts to advance its second-phase virtual asset legislation after a four-month pause in the legislative process. Financial authorities and lawmakers resumed discussions on the Digital Asset...
South Korea Prepares Crypto Tax Rollout Despite Repeal Push
South Korea is moving ahead with preparations to introduce taxation on cryptocurrency income despite ongoing attempts to overturn the policy through legislation and a public petition. While the National Tax...
South Korea Expands Blockchain Plans Alongside AI Investment Push
South Korea is restoring blockchain to its economic policy agenda, although artificial intelligence remains the government’s leading growth priority for late 2026. The renewed strategy combines stablecoin regulation, tokenized government...
South Korea Supreme Court Sets New Rules for Crypto Asset Seizures
South Korea’s Supreme Court has proposed updating the country’s Civil Execution Rules to establish formal procedures for seizing crypto assets when courts need to enforce their decisions. Until now, courts...
KRX Tightens KOSDAQ Rules for Digital Asset Business Shifts
The Korea Exchange (KRX) has introduced new listing rule changes that tighten oversight of companies that entered the KOSDAQ market through the technology special listing program. Under the revised framework,...
South Korean Regulator Escalates Two Market Manipulation Cases for Investigation
The South Korean Financial Services Commission (FSC) has decided to report two cases involving virtual asset market price manipulation to investigative authorities. Two Cases of Market Manipulation According to a...
Bank of Korea Considers Tokenized Government Bonds After Project Hangang Success
The Bank of Korea (BOK) is considering expanding asset tokenization beyond deposits and central bank money to include government bonds. The move follows the successful completion of the first phase...
