Search
South Korea to block non-compliant crypto exchanges
21.3.2025
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...
South Korea eyes KuCoin, BitMEX in crypto exchange crackdown
21.3.2025
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...
North Korea-Linked Lazarus Group Holds More Bitcoin Than Elon Musk's Tesla
21.3.2025
D.O.G.E head Elon Musk's Tesla falls behind North Korean hacker group in terms of BTC holdings as President Trump plans to make U.S. the crypto capital of the world
North Korea’s Crypto Reserves Shift as Lazarus Group Adjusts Holdings
20.3.2025
On Thursday, the infamous Lazarus Group, a cybercrime unit linked to North Korea, transferred approximately 61 BTC from its digital reserves. This activity leaves the collective with 13,441 BTC, equivalent to $1.15 billion, solidifying its position as a dominant force in state-backed cryptocurrency...
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
South Korea raids Bithumb amid ex-CEO’s alleged $2M embezzlement
20.3.2025
South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment. On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices in the country. The investigation centered around...
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...
The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison
19.3.2025
The CEO of South Korea’s Haru Invest was stabbed in court during his fraud trial in August 2024
South Korea’s Haru Invest CEO Attack Could Result in 10-Year Sentence
19.3.2025
A South Korean man could face 10 years in prison for stabbing the CEO of Haru Invest, a…
South Korea to Trial CBDC With 100,000 Users and 7 Banks
19.3.2025
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s...
Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns
18.3.2025
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank...
South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report
17.3.2025
The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy
Bank of Korea to take ‘cautious approach’ to Bitcoin reserve
17.3.2025
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high...
South Korea: Not Considering Including Bitcoin in Foreign Exchange Reserves
17.3.2025
Amid the growing advocation of Bitcoin reserves, the Bank of South Korea has clearly stated that it “has…
Is Kim Jong Stacking Sats? North Korea’s Bitcoin Haul Outranks El Salvador, Bhutan as US SBR Takes Shape
16.3.2025
As the U.S. gears up to launch a Strategic Bitcoin Reserve (SBR), spurred by President Trump’s Executive Order, North Korea has slyly vaulted into the top three global holders of bitcoin. This shift comes amid suspicions that a hacking syndicate—suspected to be orchestrated by...
North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack
14.3.2025
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase The Lazarus...
South Korea Opens Door to Institutional Crypto Investment
13.3.2025
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop...
How North Korea Launders Billions in Stolen Crypto
7.3.2025
The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls
South Korea to Accelerate Drafting of Second Phase of Cryptocurrency Bill
7.3.2025
Kim Byung-hwan, Chairman of South Korea’s Financial Services Commission (FSC), announced that the government would accelerate the drafting…
South Korea’s Bitcoin ETF Decision-Making Enters a Critical Point
6.3.2025
South Korea is on the verge of making a huge decision regarding Bitcoin ETFs. The country’s Financial Supervisory…