Key Takeaways: Seoul’s court halted Bithumb’s 6-month FIU suspension on April 30, allowing the exchange to continue full operations. The FIU fined Bithumb 36.8 billion won ($24.6M) for 6.65 million AML and KYC violations in […]
Bithumb gained temporary relief after a court halted sanctions imposed over compliance failures. A South Korean court has temporarily halted the six-month partial business suspension imposed on crypto exchange Bithumb, offering relief to the […]
KBank has partnered with Ripple to explore onchain cross-border payments through a proof-of-concept. South Korea’s internet-only lender KBank is moving beyond early-stage trials with blockchain remittances through a new partnership with Ripple, as it […]
Ripple will help Kyobo explore stablecoin-based payments, enabling continuous, 24/7 transactions within a regulated framework for institutional financial operations. Ripple has announced a strategic partnership with South Korean life insurance company Kyobo Life Insurance […]
After recovering most assets, Bithumb is now pursuing court action against a small group of users who continue to resist repayment. South Korean cryptocurrency exchange Bithumb has moved to secure court approval to freeze […]
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor […]
Ripple continues with its efforts to further the usage of RLUSD as preferred stablecoin for South Korean traders. Stablecoins have emerged as one of crypto’s clearest and most prominent use cases, with their total […]
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