Bithumb Pay logo on a digital screen, representing secure stablecoin payment innovation by Bithumb in South Korea.
Blockchain News

Bithumb Pay: Unlocking the Future of Stablecoin Payments in South Korea

The cryptocurrency landscape constantly evolves. Bithumb, a major South Korean exchange, recently made a significant move. They filed trademark applications for a new service called Bithumb Pay. This development signals a potential shift towards advanced digital payment solutions. It could redefine how users interact with digital assets. According to information from the South Korean Intellectual […]

Authorities investigating a massive illegal crypto forex operation in South Korea, highlighting financial crime and regulatory action.
Blockchain News

South Korea Crypto: Authorities Uncover Massive $667M Illegal Forex Ring

A significant development has emerged from South Korea, sending ripples through the global cryptocurrency landscape. Authorities have successfully uncovered a massive illegal crypto forex ring. This operation highlights ongoing efforts to combat financial crime within the digital asset space. The recent bust underscores the increasing scrutiny facing illicit activities conducted through virtual currencies. South Korea […]

Infographic showing a significant $139M promotional spend by South Korean crypto exchanges, highlighting Bithumb's leading contribution.
Blockchain News

South Korean Crypto Exchanges Unveil **Massive** $139M Promotional Spend Over 3 Years

A **massive** sum has been allocated to promotional efforts by **South Korean crypto exchanges** over the past three years. This significant investment underscores the intense competition and growth within the nation’s digital asset market. Recent data reveals these platforms collectively spent approximately 193 billion won, equating to about $139 million USD, on various promotional events. […]

Illustration of South Korea's central bank securing stablecoin reserves, preventing financial instability and protecting users.
Blockchain News

Stablecoin Reserves: BOK Proposes Crucial Central Bank Deposits to Prevent Runs

The cryptocurrency world constantly evolves. Regulators worldwide grapple with new challenges. Now, a significant proposal comes from South Korea. The Bank of Korea (BOK) suggests a groundbreaking change. This move targets the stability of digital assets. It specifically focuses on how stablecoin reserves are managed. This could redefine user protection and financial oversight for won-denominated […]

A visual representation of the Dunamu stablecoin, KRWT, bridging traditional Korean won with advanced blockchain technology, signifying innovation in digital finance.
Blockchain News

Dunamu Stablecoin: Pioneering a New Era for Korean Won Digital Currency

The cryptocurrency landscape in South Korea is experiencing a significant evolution. Dunamu, the operator of the nation’s largest crypto exchange Upbit, has launched a crucial pilot test. This initiative involves a groundbreaking Korean won-pegged stablecoin. This development could reshape digital finance within the region. It marks a pivotal moment for stablecoin adoption and regulatory exploration. […]

South Korean prosecutors conducting a raid at the Coinone crypto exchange office during a breach of trust investigation.
Uncategorized

Coinone Crisis: South Korean Prosecutors Launch Critical Raid Over Breach of Trust

A significant development has rocked the South Korean cryptocurrency market. **Coinone**, one of the nation’s largest digital asset exchanges, recently became the target of a high-profile legal action. This event signals growing scrutiny on crypto platforms. Authorities are intensifying efforts to ensure compliance and protect investors. **South Korean Prosecutors** Initiate Raid on Coinone On September […]

A digital representation of robust FSS market surveillance overseeing the South Korea crypto regulation landscape, ensuring virtual asset security.
Uncategorized

South Korea Crypto Regulation: FSS Demands Robust Market Surveillance from Exchanges

The landscape of digital finance continuously evolves, and with it, the imperative for robust oversight. Recently, the focus turned to South Korea, a prominent player in the global cryptocurrency arena. The nation’s financial watchdog, the Financial Supervisory Service (FSS), has issued a powerful directive. Governor Lee Chan-jin has explicitly called upon cryptocurrency exchanges to significantly […]

A visual representation of significant crypto trade concentration dominating South Korea crypto trading, showing market imbalance.
Uncategorized

Revealed: Startling Crypto Trade Concentration in South Korea Crypto Trading

A striking revelation has emerged from the **South Korea crypto trading** landscape. Data indicates that a mere 10% of investors command over 90% of the trading volume on domestic cryptocurrency exchanges. This finding highlights a significant **crypto trade concentration** within one of Asia’s most dynamic digital asset markets. Such dominance by a select group of […]

Graph showing a sharp decline in Won deposits on South Korean crypto exchanges, symbolizing the shift in the South Korean crypto market.
Blockchain News

South Korean Crypto Market: Alarming 42% Plunge in Won Deposits Signals Major Shift

The South Korean crypto market faces a significant challenge. Won-denominated deposits on local cryptocurrency exchanges plummeted by a staggering 42% in the first half of 2025. This alarming decline indicates a major shift in investor behavior. Many users are now moving towards overseas crypto platforms. This trend, highlighted by a recent regulatory report, raises questions […]

Upbit listing Falcon Finance (FF) token for KRW and USDT trading on the South Korean crypto exchange.
Press Release

Crucial Upbit Listing: Falcon Finance (FF) Joins KRW & USDT Trading Pairs

A significant development in the cryptocurrency market has just unfolded. South Korea’s leading digital asset exchange, Upbit, officially announced the **Upbit listing** of **Falcon Finance (FF)**. This move will introduce new trading pairs for the FF token against both the South Korean won (KRW) and Tether (USDT). Investors should note this crucial announcement, as the […]