South Korea Launches First Criminal Crackdown on DEX Rug Pull Scheme
South Korean authorities have reportedly carried out the country’s first arrest and prosecution connected to a decentralized exchange (DEX) rug ...
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Tag: South Korea
Hana Bank Acquires $668M Stake in Upbit Parent Dunamu
South Korean banking group Hana Financial is expanding its presence in the digital asset sector through a major investment in ...
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South Korea Confirms Crypto Tax for 2027 as Virtual Asset Tax Begins in January
South Korea will proceed with virtual asset taxation starting January 2027. Moon Kyung-ho confirmed the Ministry of Finance and Economy’s ...
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South Korea Approves Blockchain Deposit Token Pilot for Government Spending in Q4 2026
South Korea will test blockchain-based deposit tokens for government spending in Q4 2026. Pilot approved under the 2026 regulatory sandbox ...
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Bank of Korea Proposes Crypto Market Circuit Breaker After Bithumb Incident
Bank of Korea calls for a crypto market circuit breaker following Bithumb incident Bithumb mistakenly transferred 620,000 BTC (worth $43B) ...
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South Korea Fines Bithumb $24 Million, Orders Six-Month Partial Suspension Over AML Violations
Bithumb fined ₩36.8 billion($24.6M) and receives six-month partial business suspension for violating AML regulations. 6.65 million violations of the Special ...
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Bithumb Receives Preliminary Notice of Six-Month Partial Suspension Over AML Violations
Bithumb Receives Preliminary Sanctions Notice: South Korean cryptocurrency exchange Bithumb has received a preliminary notice of disciplinary action from financial ...
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