South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021
As bitcoin slipped to a 2026 low of $59,100, market data reveals that BTC priced against the South Korean won has been changing hands at a discount. In fact, the…
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South Korea Cracks Down on CatFi Rugpull: First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called CatFi, following allegations that the token was used in a coordinated…
Samsung Affiliates Pay $408 Million for Upbit Operator Stake, Closing June 2026
Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million). Samsung…
South Korea Files First Criminal Case Over DEX Rug Pull, Indicts Five in Solana Meme Coin Scheme
South Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange, with the alleged…
Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push
Hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet that major Korean…
OKX Targets South Korea Entry With Proposed 20% Coinone Investment
OKX and Korea Investment & Securities are reportedly in talks to acquire stakes in South Korean crypto exchange Coinone. The move could mark a major step in the opening of…
South Koreans Pull $41B From Crypto as Bitcoin Slump Pushes Cash Into Stocks
The total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive Capital Migration to…
South Korea Pushes 22% Crypto Tax on Gains Above $1,850 Starting in January
The Ministry of Economy and Finance has officially confirmed that South Korea will begin taxing virtual assets starting January 2027. Official Stance on Implementation Timeline A top South Korean finance…
Seoul Court Rescues Bithumb from Record 6-Month Suspension
A Seoul court has temporarily halted a six-month partial business suspension imposed on South Korean crypto exchange Bithumb, dealing a significant legal setback to the country’s financial regulator just weeks…
Bithumb Wins Temporary Lifeline as Court Halts Six-Month Ban
A South Korean court has temporarily halted the six-month partial business suspension imposed on crypto exchange Bithumb, offering relief to the platform as it challenges regulatory action. The Seoul Administrative…