A consortium of 20 South Korean cryptocurrency exchanges has launched a six-month review of 1,333 digital assets to address concerns about potential mass delistings under new regulations. The Digital Asset Exchange Alliance... Read more »
Arslan Butt Index & Commodity Analyst Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active... Read more »
The South Korean financial regulator, the Financial Service Commission (FSC), has notified 29 registered crypto exchanges, including Upbit, Bithumb, Coinone, Korbit and Gopax, to regularly evaluate the tokens listed on their exchanges... Read more »
Investors in South Korea’s booming cryptocurrency market are facing a digital dust storm after a shocking revelation by financial regulators. A joint study by the Financial Supervisory Service (FSS) and the Korea... Read more »
Last updated: June 4, 2024 23:00 EDT | 2 min read South Korean police have raided a suspected “fake crypto mining” operation that pretended to offer investors profits from mining Cardano (ADA)... Read more »
North Korea’s state-backed hacking group utilising a new malware called “Durian” to attack the top South Korean crypto platforms. North Korea likes using cryptocurrency because it helps them get around sanctions and... Read more »
Last updated: April 9, 2024 23:00 EDT | 2 min read South Korean regulators want to block traders from dumping stolen coins on the country’s crypto exchanges. The move follows news from... Read more »
Last updated: March 11, 2024 06:34 EDT | 2 min read The recent Bitcoin rally has reignited a trading frenzy among South Korea’s crypto enthusiasts, with trading volumes on local exchanges surpassing... Read more »
Enhanced Regulation and Consumer Protection in South Korea’s Cryptocurrency Sphere South Korea’s KoFIU announces rigorous measures to expel unfit cryptocurrency exchanges, elevating market standards and scrutiny. A proposed preemptive trading suspension system... Read more »
The Korea Financial Intelligence Unit (KoFIU) announced a sweeping plan to enhance supervision of the crypto industry, which includes expelling crypto exchanges that fail to meet stringent operational standards, according to local... Read more »