Bank Of Korea Wants Crypto ‘Circuit Breakers’ After Bithumb’s 620,000 BTC Mistake
The Bank of Korea (BOK) has urged the cryptocurrency industry to adopt stronger safeguards after a major operational failure at ...
Tag: South Korea crypto
Crypto Under Fire: Why South Korea’s Bithumb Penalty Is A Warning Shot To Exchanges Worldwide
South Korea’s Financial Intelligence Unit (FIU) has imposed a 6-month partial business suspension and 36.8 billion won fine on one ...
Bithumb Faces 6-Month Suspension In South Korea Over AML, KYC Violations
The South Korea-based cryptocurrency exchange, Bithumb, is facing significant legal and operational challenges following a major system error in February. ...
International Crypto Crime Ring Exposed: South Korea Uncovers $100 Million Laundering Scheme
South Korean officials have unveiled a major international cryptocurrency crime ring involved in laundering approximately 150 billion won, equivalent to ...
South Korea Opens To Corporate Crypto Investment, But Sets 5% Cap
South Korea is reportedly planning to allow corporations to invest in crypto, a move that would see the overturn of ...
South Korea Risks Stablecoin Legislation Delay As Financial Authorities Clash With BOK
South Korea’s long-awaited stablecoin legislation risks being delayed until next year, as financial authorities brawl with the Bank of Korea ...
South Korea Sees First Institutional Crypto Sale Ahead Of Presidential Election – Details
South Korea saw its first institutional digital assets sale following the start of its ban lift on institutional crypto transactions. ...
South Korea Must Approve Crypto ETFs ‘Sooner Than Later’ – Korea Exchange Chief
Korea Exchange chairman Jeong Eun-bo recently pushed for the country's approval of crypto exchange-traded funds (ETFs). Amid the country’s stock ...
