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South Korea’s Financial Services Commission (FSC) has ordered Upbit, the country’s largest cryptocurrency exchange, to temporarily suspend operations. The FSC cited violations of Know Your Customer...
In the latest development in the Upbit scrutiny, South Korea ordered the platform to suspend its business operations. Citing violations of Know-Your-Customer (KYC) rules and anti-money...
South Korea is set to unveil the second phase of its cryptocurrency regulatory framework in the latter half of 2025. On January 15, the Financial Services...
The US, Japan, and South Korea released a joint statement today warning against North Korean cryptocurrency hackers. These nations urged deeper collaborations among their public and...
South Korea’s financial regulator plans to gradually ease restrictions on institutional crypto trading, allowing them access to local crypto markets. Non-profit organisations are at the top...
South Korea is reportedly planning to gradually lift its ban on corporate investment in virtual assets starting this year. Yonhap News disclosed the developments on January...
According to local media, South Korea confirmed that North Korea was behind the theft of 342,000 Ethereum (ETH) tokens. The 2019 loot, worth approximately 58 billion...
Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000...
Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset...
Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently...
