South Korea Mandates Bank-Level Liability for Crypto Exchanges After Upbit Incident
South Korea to impose bank-level compensation for crypto exchanges post-Upbit incident, enhancing investor protection and reshaping digital asset regulation.
South Korea Mandates 51% Bank Consortiums for Stablecoin Issuance: A New Regulatory Era
Effective Dec 3, 2025, South Korea restricts stablecoin issuance to 51% bank consortiums, aiming for financial stability and consumer protection. What does this mean for crypto?
KakaoBank Enters Stablecoin Race with ‘Kakao Coin’ Project, Signaling Intensified Institutional Adoption
KakaoBank is developing ‘Kakao Coin,’ a new stablecoin project, signaling growing institutional interest in digital currencies and intensifying the stablecoin race.
Upbit Confirms $37 Million Solana Hot Wallet Breach: Market Confidence Shaken
South Korean crypto exchange Upbit reports a $37M Solana hot wallet breach, sparking concerns about exchange security and market contagion as Bithumb halts transfers.
Naver’s $10.3 Billion Dunamu Acquisition: Reshaping Global Crypto & AI Integration
Naver acquires Upbit parent Dunamu for $10.3B, fusing AI with crypto for global expansion and Web3 innovation. A landmark deal shaping digital finance.
South Korea’s Landmark Crypto Bill: Vetting VASP Shareholders for Criminal Records
South Korea introduces a stringent bill targeting VASP shareholders with criminal records, aiming to enhance market integrity and combat illicit financial activities.
Naver Acquires Upbit Operator Dunamu in $10.3 Billion All-Stock Deal: Reshaping South Korea’s Crypto Landscape
Naver acquires Upbit operator Dunamu for $10.3B in an all-stock deal, reshaping South Korea’s crypto and fintech landscape. Discover the implications.
South Korea Greenlights Spot Crypto ETFs: A Landmark for Digital Asset Investment
South Korea’s groundbreaking decision to legalize spot crypto ETFs signals a new era for digital asset investment. Explore the market implications.
Upbit Eyes Nasdaq: South Korean Crypto Giant’s Bold Leap After Naver Merger
South Korean crypto giant Upbit plans a Nasdaq bid after merging with Naver, setting a new precedent for crypto firms seeking mainstream public listings.
South Korea’s FIU to Sanction Major Crypto Exchanges Over AML/KYC Failures by H1 2026
South Korea’s FIU is set to sanction major crypto exchanges over AML/KYC violations by H1 2026, signaling a major crackdown on illicit finance.