CryptoBearishcrypto.news · May 46/10
⛓️South Korea's Digital Asset Exchange Alliance, representing 27 registered cryptocurrency exchanges, has formally opposed proposed amendments to anti-money laundering regulations that would lower the reporting trigger threshold to 10 million won. The exchanges argue the stricter compliance requirements could create operational burdens and disadvantage Korean platforms against international competitors.
AI × CryptoBullishCrypto Briefing · Apr 216/10
🤖Upbit, South Korea's largest cryptocurrency exchange, is listing USD.AI (CHIP) on April 21, with market speculation suggesting a $300M fully diluted valuation. The listing could significantly influence the token's market perception and price discovery, particularly as South Korean crypto regulations continue to evolve.
CryptoNeutralcrypto.news · Apr 156/10
⛓️Circle CEO Jeremy Allaire ruled out launching a Korean won stablecoin currently but emphasized that privately-issued KRW tokens are essential for the market. Circle plans to expand in South Korea once regulatory clarity improves, signaling the company's strategic interest in the region despite near-term constraints.
CryptoBearishCoinDesk · Apr 146/10
⛓️South Korea's central bank nominee Shin Huyn-song has publicly endorsed a central bank digital currency (CBDC) model while opposing broad stablecoin adoption, signaling the Bank of Korea's preference for state-controlled digital money with stringent AML and compliance frameworks.
CryptoNeutralCoinTelegraph · Apr 136/10
⛓️South Korea's Financial Supervisory Service reports that API-based cryptocurrency trading now accounts for 30% of market turnover, prompting regulatory warnings about cracking down on abusive automated trading patterns. This signals growing institutional participation and algorithmic trading activity in Korean crypto markets.
CryptoBullishU.Today · Apr 66/10
⛓️XRP has overtaken Bitcoin as the most traded cryptocurrency on Upbit, South Korea's largest crypto exchange, according to daily volume rankings. This shift indicates a strong preference for XRP among South Korean crypto traders over the leading cryptocurrency Bitcoin.
$BTC$XRP
CryptoBullishThe Block · Mar 176/10
⛓️Crypto.com has partnered with South Korea's largest payment gateway provider to enable foreign tourists to use digital assets for purchasing goods and services in South Korea. This collaboration aims to expand cryptocurrency payment adoption in the South Korean tourism sector.
CryptoBullishThe Block · Mar 166/10
⛓️South Korea's Hana Financial Group has announced a partnership with Standard Chartered to explore joint digital asset initiatives, including stablecoin development. This collaboration represents growing institutional adoption of digital assets in traditional banking sectors.
CryptoBullishCryptoPotato · Mar 116/10
⛓️Internet Computer (ICP) experienced a 16% price surge following its listing on Upbit, South Korea's largest cryptocurrency exchange. The listing represents a significant market expansion for ICP into one of Asia's most active trading regions.
CryptoNeutralCoinTelegraph · Mar 106/10
⛓️South Korean authorities sold $21.5 million worth of recovered Bitcoin following a custody breach. The Bitcoin was sold in small batches over 11 days to minimize market disruption.
$BTC
CryptoNeutralThe Block · Mar 106/10
⛓️South Korean prosecutors sold $21.5 million worth of seized bitcoin after recovering the assets from a phishing attack. The cryptocurrency was originally lost to hackers last year but was recently returned to the prosecutors' wallet.
$BTC
CryptoBearishCrypto Briefing · Mar 76/10
⛓️South Korea is moving to exclude major stablecoins USDT and USDC from corporate cryptocurrency investment rules. This regulatory exclusion could limit market growth and innovation within South Korea's corporate crypto sector and may have broader implications for global cryptocurrency market dynamics.
CryptoBearishProtos · Mar 56/10
⛓️A $5 million cryptocurrency theft involving South Korean tax officials resulted in an unusual double heist. The original thief confessed to police and returned the stolen funds, but the cryptocurrency was subsequently stolen again by another party.
CryptoNeutralDL News · Mar 56/10
⛓️A South Korean cryptocurrency fraudster who was previously declared dead has unexpectedly resurfaced and repaid the majority of his victims. This unusual development highlights ongoing issues with crypto fraud cases and the complexities of tracking perpetrators in the digital asset space.
CryptoBearishDecrypt · Mar 46/101
⛓️A former Seoul police officer responsible for investigating cryptocurrency crimes was sentenced to six years in prison for accepting bribes. This case highlights corruption issues within law enforcement agencies tasked with crypto regulation and crime prevention.
CryptoBearishDL News · Mar 46/102
⛓️A South Korean police officer received a six-year prison sentence for accepting approximately $90,000 in cryptocurrency-related bribes from suspects involved in gambling and crypto investment fraud. This case highlights ongoing corruption issues within law enforcement related to cryptocurrency crimes.
CryptoBearishBitcoinist · Mar 36/106
⛓️South Korean financial authorities are revising their cryptocurrency custody practices after losing nearly $30 million in seized digital assets over recent months. The move comes following public scrutiny over multiple incidents involving mismanagement of confiscated crypto holdings.
CryptoBearishDL News · Mar 27/106
⛓️South Korean tax officials accidentally published a tax evasion suspect's cryptocurrency wallet seed phrases online, resulting in a theft of up to $5 million worth of cryptocurrency. This incident highlights critical security vulnerabilities in government handling of sensitive crypto-related information.
CryptoBearishCoinDesk · Mar 27/104
⛓️South Korea's National Tax Service is investigating a $4.8 million cryptocurrency theft that occurred after the agency accidentally leaked wallet seed phrases in a photo intended to showcase a crypto seizure. The incident highlights serious security vulnerabilities in government handling of seized digital assets.
CryptoBearishBeInCrypto · Mar 27/105
⛓️South Korea's National Tax Service suffered a major security breach after leaking a private key, resulting in hackers stealing 4 million seized PRTG tokens worth approximately $4.8 million in two consecutive thefts. The incident highlights serious concerns about government agencies' ability to securely manage confiscated digital assets.
CryptoNeutralThe Block · Mar 27/107
⛓️South Korea's Finance Minister Koo Yun-cheol announced an urgent government review of how public institutions manage seized cryptocurrencies following a recovery phrase leak incident. The pledge indicates potential policy changes in the country's approach to handling confiscated digital assets.
CryptoBearishCoinTelegraph · Mar 27/107
⛓️South Korea's Deputy Prime Minister ordered a cross-agency investigation into cryptocurrency custody procedures after the National Tax Service accidentally exposed a seed phrase in a public press release. The incident highlights ongoing failures in the government's handling of seized crypto wallets.
CryptoBearishDecrypt – AI · Mar 27/109
⛓️South Korea's Finance Minister has pledged reforms following failures in handling seized cryptocurrency assets. The commitment comes after custody lapses exposed significant weaknesses in how Korean authorities secure confiscated crypto holdings.
CryptoBearishBitcoinist · Feb 287/1010
⛓️South Korea's National Tax Service accidentally leaked a full cryptocurrency wallet seed phrase in an official press release, resulting in the theft of seized crypto assets. The security breach occurred when the sensitive information was photographed and distributed publicly without detection.
$BTC
CryptoBullishBitcoin Magazine · Feb 276/107
⛓️Bitplanet, a South Korea-listed company backed by Sora Ventures, has accumulated 300 bitcoin through a structured purchase program. This achievement positions the company among Asia's top 20 corporate Bitcoin holders, demonstrating continued institutional adoption in the region.
$BTC
