Latest News and Articles about South Korea
South Korea to Ease Institutional Crypto Investment Rules in 2025, Boosting Market Integration
South Korea’s Financial Services Commission to Ease Institutional Crypto Investment Rules in 2025 South Korea’s Financial Services Commission (FSC) is gearing up to relax institutional crypto investment restrictions in 2025, signaling a major shift towards integrating digital assets into the nation’s financial system. South Korea’s FSC to ease crypto investment restrictions in 2025 Non-profit corporations […]
Read MoreRipple Overtakes Ethereum in South Korea: Economic Concerns Rise
Ripple Surges Past Ethereum in South Korea’s Crypto Preferences Ripple (XRP) has overtaken Ethereum (ETH) as the second-most preferred cryptocurrency among South Korean investors, according to a recent survey by News1. This shift underscores the unique dynamics of the South Korean crypto market amidst broader economic concerns. Ripple surpasses Ethereum in South Korea. Survey reveals […]
Read MoreSouth Korea Arrests Two for Crypto Manipulation: Can New Laws Curb Market Abuse?
Can South Korea’s New Crypto Laws Stop Market Manipulators in Their Tracks? In a landmark move, authorities have arrested two South Korean men, Lee and Kang, for allegedly manipulating the price of the Fusionist token, ACE, on the Bithumb exchange. This case marks the first to be fast-tracked under the country’s new Virtual Asset User […]
Read MoreSouth Korea to Launch Crypto ETFs and STOs in 2025 Amid Political Crisis
South Korea Eyes Crypto ETFs and Security Tokens Amid Political Turmoil South Korea is set to take a significant step towards integrating cryptocurrencies into its financial system by exploring the approval of cryptocurrency spot ETFs and allowing companies to launch security token offerings (STOs) starting in 2025. South Korea to explore crypto spot ETFs in […]
Read MoreSouth Korea’s KOSDAQ to Launch Crypto ETFs and STOs in 2025 Amid Market Revival Efforts
South Korea’s Bold Leap into Crypto: KOSDAQ Eyes Spot ETFs and STOs In an exciting development, South Korea’s KOSDAQ is set to explore the approval of crypto spot ETFs in 2025, a strategic move aimed at revitalizing its struggling stock market amidst recent political and economic challenges. KOSDAQ exploring crypto spot ETFs FSC to allow […]
Read MoreBithumb’s Ex-CEO Jailed for 2 Years in Bribery Scandal: Crypto Corruption Exposed
Former Bithumb CEO Lee Sang-jun Sentenced to Two Years for Bribery in South Korea Lee Sang-jun, the former CEO of Bithumb, South Korea’s largest cryptocurrency exchange by trading volume, has been sentenced to two years in prison for accepting bribes in a fraudulent token listing scheme. The case involves a complex web of corruption that […]
Read MoreSouth Korean Court Jails Bithumb CEO and Golfer for Crypto Bribery and Market Manipulation
South Korean Court Jails Bithumb CEO and Golfer in Crypto Bribery Scandal A South Korean court has sentenced former Bithumb CEO Lee Sang-jun to two years in prison and celebrity golfer Ahn Sung-hyun to four and a half years for their roles in a bribery and market manipulation scheme. The case highlights the darker side […]
Read MoreSouth Korea’s Crypto Boom: Over 30% of Population Invested, $79 Billion in Digital Assets
South Korea’s Cryptocurrency Craze: Over 15.59 Million Investors Strong South Korea is in the throes of a cryptocurrency frenzy, with millions joining the digital asset bandwagon. Over 15.59 million South Koreans have invested in cryptocurrencies, accounting for more than 30% of the nation’s population. This surge signifies a growing interest in cryptocurrencies like Bitcoin, marking […]
Read MoreSouth Korea’s Crypto Regulation: Navigating Political Turmoil with Cautious Optimism
South Korea’s Crypto Policy: Balancing Hope with Pragmatism Amid Political Chaos South Korea is grappling with political upheaval following the impeachment of President Yoon Suk-yeol, yet the government maintains a cautiously optimistic stance on cryptocurrencies. Deputy Prime Minister Choi Sang-mok has affirmed that despite the current legislative pause and the deferment of crypto taxes until […]
Read MoreSouth Korean Ex-Congressman Jailed for Hiding $7.5M in Crypto Amid Regulatory Debates
South Korean Congressman Sentenced for Concealing $7.5 Million in Cryptocurrency Kim Nam-guk, a former South Korean congressman, has been sentenced to six months in prison for concealing $7.5 million worth of cryptocurrency. This case has intensified discussions around the regulation and transparency of cryptocurrency holdings in South Korea. Kim Nam-guk hid $7.5M in crypto, leading […]
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