south korea

Summary Suspension Imposed: South Korea has partially suspended crypto exchange Upbit for three months due to compliance failures. KYC and AML Lapses: The suspension is a result of…

According to reports, the body that handles matters relating to "overseas tax evasion" is also investigating the market-leading cryptocurrency exchange. Summary • The South Korean National…

As a result of USD conversions and restricted arbitrage opportunities, the Bitcoin premium in South Korea expanded. CryptoQuant data indicates that South Korea's Bitcoin Kimchi Premium…

157 citizens in Gyeonggi Province have their coins confiscated due to outstanding fines exceeding $690. Goyang, a city in South Korea, has confiscated cryptoassets valued at more than…

A woman in South Korea has been apprehended by authorities on suspicion of stealing 700 million won ($480,000) in cryptocurrency from an acquaintance in order to resolve her financial…

Upbit is at risk of suspension and penalties as a result of AML and KYC violations. Maeil Business Newspaper reported on Jan. 16 that Upbit, the leading cryptocurrency trading platform in…

The measures implemented by South Korea, which were considered essential for the modernisation of the country's crypto sector, are currently in a state of uncertainty. The announcement of…

Over the past 24 hours, South Korean crypto exchanges have recorded a trading volume of more than $34 billion. This occurred during the period in which the president of the country declared…

The Democratic Party of South Korea had previously opposed an additional delay, contending that it was a political ploy by the ruling party. The Democratic Party of South Korea has…

South Korea implemented a radical rate reduction, reducing the key rate to 3% in order to stimulate economic growth. The Bank of Korea's unexpected action underscores the urgency of its…