South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a […]
Key Takeaways Regional news outlets report that Samsung affiliates will acquire a 4% Dunamu stake for 612.8 billion won ($408M), closing June 19, 2026. The deal gives Upbit, South Korea’s largest crypto exchange by volume, […]
Key Takeaways South Korean prosecutors have indicted five suspects in the country’s first-ever criminal case over a DEX rug pull. CATFI’s Solana rug pull left 256 investors with 900 million won in losses, with organizers […]
Key Takeaways Hana Bank will buy a 6.55% Dunamu stake for $670M, with the deal expected to close by June 15. Upbit parent Dunamu deal signals Korean banks’ deeper push into crypto finance. Hana Bank […]
Key Takeaways OKX and Korea Investment could buy 20% each of Coinone via new share issuance. Coinone deal could open South Korea’s tightly regulated crypto market to global firms. South Korea reforms could shape how […]
Key Takeaways Bank of Korea data shows domestic virtual asset holdings fell over 50% to $41.17 billion by February 2026. Investors shifted capital to booming stock markets as bitcoin trading volumes crashed by 70% in […]
Key Takeaways Moon Kyung-ho of the Finance Ministry confirmed virtual asset taxation will begin on Jan. 1 next year. Over 13.26 million investors face a 22% tax on virtual asset gains exceeding 2.5 million won. […]
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 […]
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