Blockchain News

Urgent Crackdown: South Korea FIU Enforces Rules on Unregistered Crypto Exchanges

Heads up, crypto enthusiasts! If you’re trading digital currencies in South Korea, you need to pay close attention. The financial regulators are stepping up their game, and it could directly impact how you access certain crypto exchanges. South Korea’s Financial Intelligence Unit (FIU) is cracking down on overseas cryptocurrency exchanges that aren’t playing by the […]

Bitcoin News

Shocking Bithumb Raid: Seoul Prosecutors Investigate Crypto Exchange Over Fund Misuse

In a stunning turn of events for the South Korean crypto market, Bithumb, a leading cryptocurrency exchange, has been thrust into the spotlight for all the wrong reasons. Seoul prosecutors have executed a raid on the exchange’s offices, sending ripples of concern throughout the digital asset community. This dramatic action follows allegations of corporate fund […]

Blockchain News

Urgent Alert: Upbit to Suspend CELO Deposits & Withdrawals – What Crypto Users Need to Know

Heads up, crypto enthusiasts! If you’re holding CELO tokens on the popular South Korean crypto exchange Upbit, you need to pay close attention. Upbit has just dropped an important announcement regarding CELO deposits and withdrawals. Let’s dive into what’s happening and what it means for you. Why is Upbit Announcing a CELO Deposit Suspension? In […]

Blockchain News

Urgent Discussions Emerge: South Korea Targets Upbit’s Grip on Crypto Exchange Market

Is South Korea’s cryptocurrency landscape on the verge of a seismic shift? Recent reports indicate that government authorities are taking a closer look at the market share commanded by Upbit, the nation’s leading crypto exchange. With Upbit reportedly controlling nearly 70% of the South Korean crypto exchange market, concerns about fair competition and potential monopolization […]

Blockchain News

Urgent Warning: Upbit and Bithumb Flag LOOM Network as Closely Monitored Asset

Urgent news for anyone holding or trading Loom Network (LOOM)! South Korean cryptocurrency giants Upbit and Bithumb have just dropped a bombshell, designating LOOM as a ‘closely monitored asset.’ This critical decision, announced on their official platforms, signals potential turbulence ahead for LOOM. If you’re invested in LOOM or considering it, you need to understand […]

Blockchain News

Urgent: Bithumb Extends WEMIX Monitoring – What’s Next?

In a somewhat unsettling turn for WEMIX holders, South Korean crypto exchange giant, Bithumb, has just announced an extension to WEMIX’s designation as a closely monitored asset. This news, breaking directly from Bithumb’s official website, has sparked considerable discussion and, frankly, a bit of concern within the crypto community. What exactly does this mean, and […]

Blockchain News

Exciting Hangang CBDC: South Korea’s Bold Step into Digital Currency Revolution

Get ready for a groundbreaking shift in South Korea’s financial landscape! The Bank of Korea (BOK) is about to embark on an exciting journey into the realm of digital currency with its ambitious Central Bank Digital Currency (CBDC) pilot, aptly named ‘Hangang.’ This initiative isn’t just about technological advancement; it’s about reshaping how everyday South […]