Five major South Korean cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—will suspend WEMIX trading on June 2nd. This action is driven by concerns regarding compliance and security standards. […]
KuCoin Aims to Reenter South Korea After App Ban
Crypto exchange KuCoin is planning to return to the South Korean market after being banned by local regulators. The company was removed from app stores in March and […]
KuCoin Eyes Return to South Korea Market After Regulatory Challenges
Cryptocurrency exchange KuCoin is exploring a potential return to the South Korea market after previously leaving due to regulatory hurdles. This move comes as the company seeks to […]
KuCoin Plans Comeback in South Korea Post-Regulatory Hurdles
Following a 2025 exit due to regulatory challenges, KuCoin is preparing for a return to the South Korean market in 2025. CEO BC Wong highlights the company’s commitment […]
Wemix Plunges 60%, South Korean Exchanges Delist Token for Second Time
South Korean game developer Wemade’s cryptocurrency WEMIX experienced a sharp drop of over 60% on Friday, after five major exchanges in the country announced plans to delist the […]
South Korea: Finance Employee Faces 10-Year Prison for $3.86M Crypto Embezzlement
A recent case in South Korea highlights the growing intersection of traditional finance and the volatile world of cryptocurrencies. A finance department employee allegedly embezzled a staggering $3.86 […]
WEMIX Token Plunges 50% After Delistings in South Korea
WEMIX, the token issued by Wemade Ltd., a leading Web3 game developer, experienced a significant drop of 50% following the delisting of its token on major South Korean […]
WEMIX Faces Delisting Amid Regulatory Scrutiny in South Korea
WEMIX token is facing potential removal from major Korean exchanges due to regulatory claims of misinformation, prompting Wemade Co. to initiate legal action in Seoul. This case highlights […]
Bithumb Lists Haedal Protocol, Increasing Accessibility for South Korean Investors
Bithumb has added Haedal Protocol (HAEDAL) to its KRW market, expanding trading options for investors in South Korea on October 2025. This listing signifies growing interest in the […]
Bitcoin Surges in South Korea: 0.38% Kimchi Premium on May 2
Bitcoin experienced a notable price surge in South Korea, rising by 2.44% to reach 139.37 million KRW on the Upbit exchange at 12:00 AM on May 2 (KST). […]
South Korea’s People Power Party Proposes Major Crypto Legislation
South Korea’s People Power Party (PPP) unveiled seven ambitious proposals during a session at the National Assembly, marking a significant political shift in the country’s approach to crypto. […]
South Korean Man Sentenced for Cryptocurrency Investment Fraud
A young man in South Korea has been sentenced to one year in prison for engaging in cryptocurrency investment fraud. The individual was found guilty of misleading investors […]
South Korean Politicians Propose Crypto Reforms as Election Looms
Ahead of the upcoming June 3 presidential election in South Korea, the People Power Party (PPP) has outlined its plans to support the country’s burgeoning cryptocurrency industry. The […]
South Korea Set to Launch Spot Bitcoin ETFs by End of 2023
South Korea’s People Power Party has announced the launch of spot digital asset ETFs, a move expected to empower domestic investors with exposure to major cryptocurrencies like Bitcoin […]
South Korea Takes Giant Step Forward in Cryptocurrency Regulation with ETF and Institutional Access
South Korea is embarking on a major transformation of its digital asset sector with the introduction of a new roadmap to restructure the industry. The plan includes legalizing […]