South Korea’s Financial Services Commission (FSC) has introduced new regulations aimed at enhancing user protection and curbing risks associated with crypto lending services. These rules specifically apply to […]
South Korea Tightens Crypto Lending Rules, Bans Leveraged Loans
South Korea’s Financial Services Commission (FSC) has implemented new regulations for crypto lending platforms. Interest rates are now capped at 20%, and leveraged loans are strictly prohibited. These […]
South Korea Tightens Regulations on Cryptocurrency Lending
South Korea has implemented stricter controls on cryptocurrency lending services, aiming to mitigate risks within the volatile crypto market. The Financial Services Commission (FSC) introduced a new guideline […]
South Korea Implements Strict Crypto Lending Rules to Boost Market Stability
Effective September 5, 2025, South Korea has enforced stricter regulations on crypto lending, capping rates at 20% and prohibiting leveraged loans across major exchanges. This move comes amid […]
South Korea Launches Virtual Asset Task Force to Shape Crypto Regulations
In a move that signifies the growing importance of digital finance in South Korea, the ruling Democratic Party has established a dedicated virtual asset task force. This initiative […]
Binance CEO to Meet with Regulators in Seoul as Crypto Push Gathers Momentum
Binance CEO Richard Teng will travel to South Korea next week for meetings focused on strengthening regulatory cooperation and investor protection amidst a tightening crypto framework in the […]
South Korea Imposes Stricter Rules on Foreign Stablecoins
South Korea’s government is taking a decisive step towards regulating digital assets with the introduction of a new ‘Digital Asset Innovation Act’. The legislation aims to restrict the […]
South Korea Imposes First-Ever Crypto Fines to Combat Market Manipulation
South Korea has initiated its first-ever cryptocurrency fines, taking a decisive action against market manipulation. The Financial Services Commission (FSC), the country’s top financial regulator, is punishing individuals […]
South Korea’s Crypto Arrest Rate Soars in H1 2024: A Major Warning Sign
Cryptocurrencies have fueled innovation, but they also expose the market to increasing risks. Data shows a startling increase in crypto-related arrests within South Korea during the first half […]
South Korea Implements International Crypto Reporting Framework
South Korea is taking a major step forward in global crypto oversight by signing onto the OECD’s Crypto-Asset Reporting Framework (CARF). The agreement, adopted by 48 countries including […]
South Korea’s Retail Investors Exit Tesla, Turning to Ethereum Amidst Shifting Investment Trends
In August, South Korean retail investors sold a significant portion of their Tesla stock holdings, amounting to $657 million, marking the largest outflow since at least 2019. The […]
South Korean Crypto Influencer Faces Fines of $5,000 for Defamation
A prominent South Korean crypto influencer, previously celebrated for their expertise in on-chain wallet analysis, has been fined $5,000 for defamation. This decision highlights the increasing accountability required […]
South Korea Tightens Crypto Regulation: CARF Framework Enhances Transparency
South Korea’s crypto regulations have intensified as the nation commits to the OECD’s Crypto-Asset Reporting Framework (CARF). This framework, set to launch in 2026, mandates detailed reporting of […]
South Korea to Share Crypto Data with Over 40 Nations as Part of OECD Framework
South Korea has agreed to share information on cryptocurrency transactions with over 40 countries, joining a global effort spearheaded by the OECD’s Crypto-Asset Reporting Framework. The agreement will […]
South Korean Retail Investors Shift Away From Tesla, Towards Crypto Stocks
South Korean retail investors are dramatically reducing their holdings of Tesla shares and shifting towards investments in cryptocurrency stocks. This trend represents a major change in investment behavior […]