On April 14, 2025, South Korea’s Financial Intelligence Unit (FIU) blocked 14 unregistered cryptocurrency exchanges, including KuCoin and MEXC, from Apple’s App Store, impacting residents’ access to certain […]
South Korea Cracks Down on Unregistered Crypto Exchanges: 14 Platforms Blocked
South Korea’s Financial Services Commission (FSC) has taken a decisive step in regulating the cryptocurrency industry, blocking 14 unregistered exchanges, including popular platforms like KuCoin and MEXC. The […]
South Korea Blocks 14 Crypto Exchanges from Apple Store
South Korea is tightening its grip on the cryptocurrency industry by blocking 14 digital asset firms’ applications from being listed on the Apple store. This move, announced by […]
South Korea Bans Unregistered Crypto Exchanges From App Stores
Following a similar action by Google, South Korea’s financial regulator has banned 14 unregistered foreign cryptocurrency exchanges from operating within the Apple App Store. The Financial Intelligence Unit […]
South Korean Crypto Investors Fear Recession’s Impact on Bitcoin Prices
A recent survey reveals that South Korean cryptocurrency investors are increasingly worried about a US recession and its potential impact on the crypto market. Over 48% of respondents […]
Former South Korean President Yoon Suk-yeol Faces Trial for Rebellion Charges
Former South Korean President Yoon Suk-yeol will face criminal charges on April 14th. A Seoul court official confirmed that the trial, marking the fifth time a South Korean […]
Young South Korean Investors Abandon Domestic Stocks for US Markets and Crypto
A significant shift is taking place in the South Korean investment landscape as young people are increasingly turning away from local stocks and embracing markets in the United […]
South Korea Postpones Credit Information Law for VASP Industry
South Korea’s financial regulatory body has announced a delay in enforcing the Credit Information Act for virtual asset service providers (VASPs). The deadline for implementation has been pushed […]
XRP Trading Volume Soars: A Look at the Drivers Behind the Spike
XRP’s trading volume has witnessed a significant surge, particularly in South Korea. This spike is raising eyebrows among market watchers as it diverges from broader cryptocurrency trends. Recent […]
South Korea’s Banks Seek Greater Flexibility in Crypto Partnerships
Major South Korean banks have urged regulatory adjustments that would facilitate partnerships with crypto firms. During a meeting hosted by the Korea Federation of Banks, representatives from the […]
South Korean Banks Push for Expanded Cryptocurrency Exchange Partnerships
Major South Korean banks, including KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, and NH Nonghyup Bank, joined forces with Jeonbuk Bank and Toss Bank executives to […]
South Korea’s Banks Urge Reform of Exclusive Cryptocurrency Exchange Regulations
Major Korean banks are pushing for a change in the regulations governing cryptocurrency exchanges, demanding the end of exclusive agreements with single banking partners. These institutions argue that […]
South Korean Traders See XRP’s Decline Ahead, Experts Cite Reasons for Bearish Outlook
XRP, which witnessed strong growth after US President Donald Trump’s election victory in November, has struggled to sustain its gains. As the token’s price fell below the $2 […]
South Korean Banks Seek to End Crypto Exchange Rule
Major South Korean banks are advocating for the elimination of the one-to-one cryptocurrency exchange rule currently governing digital asset trading platforms. This proposal aims to ease restrictions on […]
Unlocking Crypto’s Potential: Korean Bank CEO Proposes Multi-Bank Partnerships for Exchanges
South Korea’s cryptocurrency industry is poised for a significant transformation as Woori Bank’s CEO, Jung Jin-wan, advocates for a move away from the current one-bank-per-exchange model. This proposal […]