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Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week.
South Korean crypto tax delay thwarted
The crypto tax will begin for South Koreans in 2022 but some industry observers say there is no cause for concern.
29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down
The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to…
10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted…
Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines
A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed…
Law Decoded: US as an anatomical theater of crypto regulation, Sept. 13–20
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea.
Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations
The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly…
Over 60 South Korean Crypto Exchanges to Shut Down Next Week
South Korean cryptocurrency exchanges that cannot meet up with the Financial Intelligence Unit (FIU) registration exercise are mandated to inform their customers before midnight today that they will be shutting…
Bybit crypto exchange suspends services in South Korea
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country.