South Korea
Bitcoin crashed to $55,000 on Bithumb after exchange accidentally airdropped users 2,000 BTC
An internal reward distribution mistake briefly sent bitcoin prices sharply lower on South Korea’s Bithumb exchange after users were mistakenly credited with large phantom balances.
South Korea probes loss of seized bitcoin in phishing attack
Internal audit showed the coins were likely lost via a phishing attack during official storage, according to local media reports.
Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto
South Korean customs officials said they arrested three China nationals and have referred them for prosecution. They allegedly used an unauthorized crypto exchange to launder assets.
South Korea to flip bitcoin ETF stance as part of broader crypto push
A new Digital Asset Act will regulate stablecoins, requiring 100% reserve backing and user redemption rights.
$110 billion in crypto left South Korea in 2025 owing to strict trading rules
While South Korean financial officials acknowledged the need for new rules, disagreements over stablecoins delayed a broader crypto framework.
Korbit fined $1.9 million for anti money-laundering, customer verification breaches
The South Korean regulator slapped Korbit with a compliance penalty as the crypto exchange conducts talks to be bought by Mirae Asset.
South Korea’s long-awaited crypto law stalls over who can issue stablecoins
The Digital Asset Basic Act is stalled as regulators clash over who should be allowed to issue won-pegged stablecoins, extending uncertainty in one of Asia’s most active crypto markets.
South Korean financial group Mirae Asset eyes crypto exchange Korbit acquisition: report
The financial group is in talks to acquire a 92% stake in Korbit for a as much as 140 billion won ($97 million).
Most Influential: Sirgoo Lee
Lee shaped the exchange that defines Korea’s crypto market, but even after his exit this year, the country’s hyperactive retail engine will keep moving.
Parataxis Agrees to Buy Control of South Korea's Sinsiway for $27M, Build Ether Treasury
The deal would rename Sinsiway as Parataxis ETH, Inc. and make it South Korea's first ether-focused treasury platform backed by U.S. institutional capital.
