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South Korea to Let Non-Profits, Exchanges Sell Crypto Under New FSC Rules
21.5.2025
Non-profits will need to meet strict conditions such as five years of audited operations and internal committees to vet donations
Crypto Exchanges Flock to List NXPC, Token Surges 115% on $1B Volume
15.5.2025
The NXPC token is developed by NEXPACE, the blockchain arm of South Korean video game developer Nexon
South Koreans Bet Big on XRP, Dogecoin as Easing Trade War Fuels Risk Taking
12.5.2025
Korean crypto markets are experiencing a rally, influenced by a $1 billion short squeeze and improving geopolitical sentiment
Six-Figure Bitcoin Rally Triggers Rare Price Inversion in South Korea
11.5.2025
Over the past 24 hours, bitcoin has drifted between $103,133 and $104,841, while South Korea’s notorious premium quietly inverted, dipping into discount territory for several days this month. Bitcoin’s Comeback Inverts South Korea Premium to 0.76% Below Global Average Bitcoin has experienced...
Report: South Korea to Allow Free Crypto Trading for Non-Profits, Exchanges in June
4.5.2025
Beginning in June, South Korean nonprofit organizations and virtual asset exchanges will be permitted to trade digital assets freely. Exchanges can sell virtual assets under strict regulatory conditions to prevent conflicts of interest and minimize market impact. Promoting a Sound Donation Culture...
Report: South Korea’s Bithumb to Spin Off Non-Core Units Ahead of IPO
22.4.2025
Bithumb is breaking itself in two as it races toward an IPO, carving out its exchange and investment units to streamline operations and court investors. Bithumb’s Corporate Split Sets Stage for IPO Local media reports that the South Korean cryptocurrency exchange Bithumb is restructuring...
Astra Fintech Launches $100 Million Fund to Boost Solana Ecosystem Innovation
22.4.2025
Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone,...
Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO
22.4.2025
A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO
Won vs. Dollar: Diverging Bitcoin Prices Hint at Market Inflection
20.4.2025
Since bitcoin briefly dipped below global averages in South Korea on April 9, the past ten days have seen the coin fetch a premium, touching 2.97% above international benchmarks. Seoul’s Bitcoin Premium Hits 3% With fewer high-return domestic investment avenues, South Koreans often gravitate toward...
KuCoin, MEXC and 12 Crypto Exchanges' Apple Apps Blocked in South Korea
14.4.2025
South Korean regulators will continue to block unreported virtual asset operators from accessing domestic sites, a statement said
Bitcoin Sees First Discount in South Korea in 4 Months Amid Trump’s Trade Turmoil
13.4.2025
Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed...
South Korea’s National Pension Service Eyes Blockchain for $890B Fund's Transactions
7.4.2025
The NPS plans to invite blockchain experts and companies to participate in a preliminary disclosure process before starting a research study
Filecoin's FIL Spikes 30% as South Korean Exchange Upbit Lists the Token
4.4.2025
Trading went live at 07:30 UTC
7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial
2.4.2025
Customers at 7-Eleven stores in South Korea can now pay using the Bank of Korea’s digital currency with a 10% discount to incentivize adoption
Despread: 70% of South Korean Crypto Investors Profited in 2024, Driven by BTC, XRP, and ETH
27.3.2025
A recent report by Despread Research reveals that 70% of South Korean crypto investors made a profit in 2024, with BTC, XRP, and ETH being the most popular holdings. Optimism remains high for 2025, with many expecting bitcoin to surpass $100,000 (150 million KRW). Bitcoin Leads South Korean...
South Korea Sees 52.6% Surge in Crypto Investors, With Older Generations Leading the Charge
25.3.2025
A new study on South Korea reveals a significant surge in domestic cryptocurrency ownership, with over 9.6 million investors by the end of last year. Older South Koreans Increasingly Keen on Crypto A recent study highlighting data from South Korea reveals a significant surge in domestic...
South Korea Cracks Down on Unregistered Overseas Crypto Exchanges
22.3.2025
South Korean financial authorities are cracking down on unregistered overseas cryptocurrency exchanges targeting Korean users. Enforcing the Specific Financial Information Act South Korean financial authorities are escalating their efforts to regulate the domestic cryptocurrency market by targeting...
South Korea Plans Sanctions Against BitMEX, KuCoin, Others: Report
21.3.2025
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions
Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report
20.3.2025
Investigation centers on claims that Bithumb helped a former CEO finance an apartment
Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns
19.3.2025
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to...