South Korean lawmakers seek expanded FIU powers over unregistered crypto firms
The proposal would let the FIU investigate suspected violations and refer unregistered crypto operators directly to law enforcement. Source：Cointelegraph
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather…
SK Hynix suggests its stock is too cheap as it embarks on $29 billion buyback
Following a sharp selloff in recent months, the South Korean memorychip company says current share prices don’t reflect the business’s “intrinsic value.”…
South Korea joins more than 30 jurisdictions restricting Polymarket access
Regulators rejected Polymarket's defense regarding its P2P nature, arguing the platform manages market rules and facilitates cryptobased gambling activity.…
South Korea moves to block Polymarket over gambling concerns
The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its crossborder payments platform to Jeonbuk Bank, but key details including its launch status and settlement asset remain undisclosed.…
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sangho faces prison time in South Korea.…
Crypto platform operator gets 15-year prison sentence in South Korea due to $50 million scam
A South Korean court sentenced the head of centralized finance (CeFi) lender Delio to 15 years in prison for embezzling digital assets from more than 1,100…
What is driving the rapid shift as South Korea’s bear market turns back into a bull
The recovery in Korean equities owes much to technical factors as retail long positions were liquidated, but it’s also backed by fundamentals – namely booming…
South Korea drops Travel Rule threshold for crypto transfers
South Korea will remove its 1 million won Travel Rule threshold and apply informationsharing requirements to all transfers between registered crypto service…
What was the world’s hottest stock market is now hunting ground for short sellers
South Korea’s oncesurging market is now a haven for short sellers. Source：MarketWatch
Bithumb sets 2028 IPO timetable as it overhauls internal controls
The South Korean exchange plans to seek preliminary listing review in 2027 while overhauling controls after a February crediting error. Source：Cointelegraph