Tag: South Korea

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South Korea Fines Bithumb Over Unauthorized Overseas User Data Transfers Fallout

South Korea Fines Bithumb Over Unauthorized Overseas User Data Transfers Fallout

South Korea fined Bithumb over unauthorized overseas user data transfers without consent. Regulators found customer information reached BingX d [...]
South Korea’s Toss Bank Launches Solana Pilot for Cross-Border Finance

South Korea’s Toss Bank Launches Solana Pilot for Cross-Border Finance

What to know: Toss Bank begins Solana stablecoin remittance pilot across global markets. Future phases include compliance testing, overseas pa [...]
South Korea Weighs Fintech Entry Into Regulated Overseas Crypto Transfers

South Korea Weighs Fintech Entry Into Regulated Overseas Crypto Transfers

South Korea may allow fintech firms into regulated crypto transfers. New rules require registration, reporting, and technical compliance standa [...]
South Korea Sees Crypto Trading Drop 28% Amid AI Stock Market Boom

South Korea Sees Crypto Trading Drop 28% Amid AI Stock Market Boom

What to know: South Korea's crypto trading volume fell 28% during the first quarter. TRM Labs ranked South Korea second behind the United Stat [...]
South Korea Uncovers $17 Million Crypto Laundering Network Linked to Scams

South Korea Uncovers $17 Million Crypto Laundering Network Linked to Scams

What to know: South Korean police arrested 23 suspects tied to crypto laundering. The authorities linked 11,300 accounts to $17 million in sca [...]
South Korea Expands Polymarket Crackdown as Police Target Local Traders

South Korea Expands Polymarket Crackdown as Police Target Local Traders

What to know: South Korean police investigate Polymarket users over alleged gambling violations. Election contracts generated millions as regu [...]
South Korea Uses New Crypto Law Against Solana Memecoin Rugpull Operators

South Korea Uses New Crypto Law Against Solana Memecoin Rugpull Operators

What to know: South Korea charged CatFi operators under newly enforced crypto investor protection regulations. Prosecutors accused suspects of [...]
South Korea Crypto Tax Opposition Reaches Parliament as Petition Surges

South Korea Crypto Tax Opposition Reaches Parliament as Petition Surges

What to know: South Korean lawmakers review crypto tax policy following massive investor-backed petition. Investors criticize weak protections [...]
South Korean Payment Processor NHN KCP Tests Stablecoin Payments on Avalanche

South Korean Payment Processor NHN KCP Tests Stablecoin Payments on Avalanche

What to know: NHN KCP tests stablecoin payments with two-second Avalanche transaction approvals. Payco pilot enables online purchases and offl [...]
South Korea’s Crypto Market Crisis Deepens After Bithumb Bitcoin Blunder

South Korea’s Crypto Market Crisis Deepens After Bithumb Bitcoin Blunder

South Korea’s crypto market struggles after Bithumb’s massive Bitcoin distribution mistake. Trading volumes collapse as regulators tighten over [...]
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