South Korea crypto AML proposal: DAXA warns of millions of suspicious transaction reports from exchanges.
Bitcoin News

South Korea crypto sector warns AML proposal could trigger millions of suspicious transaction reports

South Korea's cryptocurrency industry has raised alarms over proposed Anti-Money Laundering (AML) rule changes, warning that the new requirements could overwhelm exchanges with an estimated 5.4 million suspicious transaction reports annually, according to a Yonhap News report on May 4, 2026. The Digital Asset eXchange Alliance (DAXA), representing 27 registered virtual asset service providers (VASPs) […]

DAXA issues investment warning for Oasys OAS token in South Korea, representing regulatory scrutiny.
Bitcoin News

DAXA Investment Warning for Oasys (OAS) Sends Shockwaves Through Crypto-Gaming Sector

Seoul, South Korea, May 15, 2025: In a significant regulatory move, the Digital Asset eXchange Alliance (DAXA) has placed the gaming-centric blockchain platform Oasys and its native token, OAS, under an official investment warning. This decisive action by South Korea’s unified exchange body signals heightened scrutiny and introduces immediate uncertainty for one of the sector’s […]

DAXA opposes South Korea's proposed cryptocurrency exchange ownership cap in Seoul meeting
Bitcoin News

DAXA Crypto Exchange Ownership Cap Sparks Fierce Industry Backlash in South Korea

SEOUL, South Korea – January 13, 2025 – The Digital Asset Exchange Alliance (DAXA) has launched a forceful challenge against South Korea’s proposed cryptocurrency exchange ownership restrictions, creating a significant regulatory showdown that could reshape the nation’s digital asset market. This development comes at a critical juncture for South Korea’s blockchain sector, which has been […]

A digital caution sign overlays the Balancer BAL logo, representing its cautionary investment status on South Korean crypto exchanges.
Press Release

Critical Alert: Balancer (BAL) Designated Cautionary Investment by Bithumb and Coinone

In a significant development for the digital asset market, Balancer (BAL), a prominent decentralized finance (DeFi) protocol, has recently faced a critical re-evaluation by major South Korean crypto exchanges. This move has sent ripples through the investor community. Specifically, Bithumb and Coinone, key players in the South Korean digital asset environment, have officially designated BAL […]

Bithumb WOO removed from cautionary list, symbolizing renewed trust in the crypto asset.
Press Release

Bithumb WOO: A Crucial Victory as Asset Monitoring Ends

The South Korean crypto market recently witnessed a significant development. Leading exchange Bithumb officially removed WOO from its cautionary asset list. This pivotal decision marks a crucial turning point for the WOO crypto ecosystem. Investors and traders closely monitor such announcements, especially from major platforms like Bithumb. This move signals increased confidence in WOO’s stability […]