South Korea’s Crypto Scene Shrinks As Traders Flock Offshore: Report
South Korean crypto trading is shifting overseas as domestic exchanges see big drops in fiat deposits and trading activity, according ...
Tag: Bithumb
South Korea Eyes Sanctions For Unregistered Foreign Crypto Exchanges Operating Illegally
South Korean financial authorities are considering sanctioning and blocking access to multiple overseas crypto exchanges, including BitMEX and KuCoin, for ...
Bithumb Offices Raided Amid Ex-CEO’s $2 Million Scandal
Crypto exchange Bithumb is under investigation as South Korean police have raided the company's headquarters. This action is in response ...
K-Pop Crypto Scam? Cube Entertainment CEO Accused Of Investment Scheme
The CEO of K-pop giant Cube Entertainment is under fire after being accused of participating in a crypto investment scam. ...
Crypto Market Dominance: Upbit Handles 80% Of South Korean Trading Volume
A recent report revealed that the South Korean exchange Upbit dominates the local crypto market with over 80%. Additionally, Upbit ...
Former Bithumb Chairman Faces Eight-Year Prison Sentence For $85 Million Fraud
In a recent development, South Korean prosecutors have requested an eight-year prison sentence for Lee Jung-hoon, the former chairman of ...
South Korea’s Digital Milestone: Bithumb Eyes Public Listing As First Of Its Kind
Bithumb, the second-largest cryptocurrency exchange in South Korea, is actively preparing for an initial public offering (IPO) on the KOSDAQ ...
South Korean Crypto Exchanges To Face New Reserve Requirement Starting September
South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain ...
