South Korea

South Korea’s tax agency has recovered 33.9 billion won, or about $23 million, in unpaid taxes by tracking down hidden overseas assets, marking one of its most aggressive cross-border enforcement...

New Bank of Korea Governor Shin Hyun-song has hinted at pursuing flexible monetary policies during his four-year term, which began on Tuesday, April 21, 2026. According to Hyun-song, uncertainty regarding...

South Korea’s central bank is pushing for stock market-style circuit breakers at cryptocurrency exchanges after a single employee error at Bithumb in February sent the equivalent of 60 trillion won...

South Korean police are investigating a revenge-for-hire network that allegedly accepts crypto payments for harassment services. Authorities in Gyeonggi Province identified multiple cases, raising concerns about digital assets being used...

A Busan District Court in South Korea has sentenced a member of an organized crime group to eight years in prison after finding him guilty of seizing crypto assets, participating...

South Korea’s crypto market is seeing a sharp liquidity drain as stablecoin balances collapse. Meanwhile, capital is rotating into equities amid currency pressure and a booming stock market. On-chain data...

Crypto asset adoption in real-world payments is gaining momentum as Crypto.com partners with KG Inicis to roll out crypto payment capabilities across South Korea’s merchant network. The collaboration will integrate...

South Korean law enforcement has introduced its first formal guidelines governing the seizure and management of privacy-focused cryptocurrencies, shifting how authorities handle digital assets that are difficult to trace and...

South Korea intensified oversight of cryptocurrency platforms after regulators punished Bithumb for major compliance failures. Authorities imposed a massive financial penalty and a partial business suspension on the exchange.  The...

South Korea is preparing to tighten oversight of cryptocurrency trading by introducing an artificial intelligence–driven monitoring platform designed to analyze digital asset transactions. The initiative comes as authorities move closer...

South Korean regulators are moving to suspend part of Bithumb’s operations, marking one of the toughest crackdowns the exchange has ever faced. South Korea’s Financial Intelligence Unit (FIU) has dropped...

South Korean courts are preparing to adjust how cryptocurrency investment losses are treated in personal rehabilitation proceedings as the country grapples with rising household debt. Under new judicial guidelines, certain...

South Korean philanthropist Kim Geoseok has donated 100,000 XRP, equivalent to 200 million won, to the Red Cross Society. In a recent announcement, the Acting President of the Korean Red...

South Korea is moving to open its cryptocurrency market to corporations for the first time, but regulators are taking a measured approach, keeping stablecoins off the table for now as...

South Korean officials have reportedly decided to cap how much equity major shareholders can hold in local crypto exchanges, limiting it to 20%. If the rule takes effect, big players...

The South Korean police have arrested seven members of a phishing syndicate involved in the hacking of virtual asset wallets and stealing 800 million won worth of Tether (USDT).  A...

The Korean National Police (KNP) agency is hunting the second suspect in the $4.8 million stolen funds from the National Tax Service (NTS). The KNP stated that the first thief...

South Korea is moving forward with a new law that would force crypto influencers to reveal what they own and how much they’re paid to promote coins. This will represent...

Bank of Korea (BOK), South Korea’s central bank, is pushing for only licensed commercial banks to issue won-backed stablecoins. In a recommendation sent to lawmakers on February 23, the bank...

South Korea’s financial regulator announced plans to launch a targeted investigation into cryptocurrency price manipulation schemes as part of a broader effort to strengthen oversight of the digital asset sector....

South Korean regulators have opened a probe into a sharp ZKsync price surge on Upbit. The token climbed nearly 970% during a brief maintenance window on Feb. 1 on the...

South Korea has embarked on a massive crackdown against drug trafficking linked to cryptocurrencies and the dark net. The country’s Ministry of Science and ICT, in collaboration with the National...

South Korea’s crypto market may be heading for another major shake-up as Coinone, the country’s third-largest cryptocurrency exchange, is reportedly up for sale. Industry sources say multiple options are on...

South Korean prosecutors are investigating the loss of a large amount of Bitcoin that had been seized and held as evidence in a criminal case, raising fresh concerns over how...

South Korean customs authorities have shut down an international cryptocurrency laundering operation accused of moving nearly 150 billion won through unauthorized foreign exchange channels, highlighting the country’s intensifying scrutiny of...