South Korea Archives - Page 5 of 24

Korbit Bitcoin sale for operating costs in a modern Seoul office with financial data overlay.

Korbit Bitcoin Sale: Strategic $2.4M Move to Cover Critical Labor Costs Revealed

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2025: In a move highlighting the evolving financial strategies within the cryptocurrency sector, South Korean digital asset exchange Korbit has disclosed plans to liquidate approximately 3.2 billion won ($2.37 million) worth of Bitcoin to fund its operational expenditures, including employee salaries and associated labor costs. This planned Korbit Bitcoin sale, […]

Upbit exchange temporarily suspends ZIL deposits and withdrawals for Zilliqa network hard fork maintenance.

Essential Update: Upbit Temporarily Suspends ZIL Deposits and Withdrawals for Network Hard Fork

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2, 2025: In a move highlighting the procedural nature of blockchain maintenance, leading South Korean cryptocurrency exchange Upbit has announced a temporary suspension of all deposit and withdrawal services for Zilliqa (ZIL). The suspension, scheduled to commence at 9:00 a.m. UTC on February 3, is a direct response to an […]

South Korea government official reviewing new crypto tax policy for airdrops and staking rewards.

South Korea Crypto Tax: The Essential Shift to Tax Airdrops and Staking Rewards

February 2, 2026 Jackson Miller

Seoul, South Korea – April 2025: In a decisive move that clarifies the regulatory future for digital assets, the South Korean government is advancing plans to formally tax income from cryptocurrency activities like airdrops and staking rewards. This decisive South Korea crypto tax initiative, based on an exclusive report from the Korea Economic Daily, signals […]

Courtroom scene symbolizing Ahn Sung-hyun's acquittal in the cryptocurrency listing bribery case.

Stunning Verdict: Pro Golfer Ahn Sung-hyun Acquitted in Crypto Listing Bribery Appeal

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2, 2025: In a stunning legal reversal, professional golfer Ahn Sung-hyun has been acquitted of all charges related to a high-profile cryptocurrency listing bribery scandal. The Seoul High Court’s decision overturns a previous four-and-a-half-year prison sentence, marking a dramatic turn in a case that has captivated South Korea and exposed […]

Seoul crypto scam investigation scene in Gangnam district depicting smartphone with fake cryptocurrency deal.

Seoul Crypto Scam: Police Hunt Suspect in Shocking $4,5K Fake Deal

February 2, 2026 Jackson Miller

Seoul, South Korea, January 2025: Authorities at the Seoul Gangnam Police Station have launched a manhunt for a suspect accused of orchestrating a brazen cryptocurrency scam, stealing 6 million won (approximately $4,500 USD) in a fraudulent in-person transaction. This incident, reported by TV Chosun and occurring on January 17 in the Nonhyeon-dong neighborhood, highlights the […]

FTC investigates Upbit operator Dunamu's headquarters in South Korea over unfair trade allegations.

FTC Investigates Upbit Operator: The Shocking Dunamu Unfair Trade Probe Explained

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2025: South Korea’s Fair Trade Commission (FTC) has launched a significant on-site investigation into Dunamu Inc., the prominent operator behind the Upbit cryptocurrency exchange. The probe, confirmed in early February, centers on serious allegations of unfair trade practices related to the exclusive trading of Dunamu’s own unlisted shares. This move […]

South Korea's FSS VISTA platform using AI for unfair virtual asset trading detection and market surveillance.

AI Virtual Asset Trading Surveillance: South Korea’s FSS Deploys Revolutionary VISTA Platform

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2, 2025: In a landmark move for financial market integrity, South Korea’s Financial Supervisory Service (FSS) has fundamentally transformed its approach to monitoring the volatile cryptocurrency sector. The regulator announced the deployment of VISTA, its proprietary trading analysis platform, now supercharged with a sophisticated artificial intelligence algorithm designed to autonomously […]

Bithumb crypto exchange complies with OFAC sanctions by suspending transactions with Iran-related exchanges Zedxion and Zedcex.

Bithumb Takes Decisive Action: Suspends Transactions with Sanctioned Iran-Related Crypto Exchanges

February 2, 2026 Jackson Miller

Seoul, South Korea: In a significant move highlighting the tightening regulatory landscape for cryptocurrency, South Korea’s leading digital asset exchange, Bithumb, has announced a decisive suspension of deposit and withdrawal services for two specific platforms. The action targets the Iran-related exchanges Zedxion and Zedcex, following their designation on the U.S. Department of the Treasury’s Office […]

B2N and Binance executives finalize partnership to build the Binance Pay crypto payment ecosystem in South Korea.

Central: B2N Partners with Binance to Build Crypto Payment Ecosystem in South Korea

February 2, 2026 Jackson Miller

Seoul, South Korea – February 1, 2025: In a move signaling a significant evolution for digital asset integration in one of Asia’s most technologically advanced economies, KOSDAQ-listed IT firm B2N has officially partnered with global cryptocurrency exchange giant Binance. The collaboration, first reported by Chosun Biz, centers on developing and launching the Binance Pay ecosystem […]

Graph showing record XRP withdrawal addresses from Upbit exchange, indicating potential investor accumulation.

XRP Withdrawal Addresses from Upbit Skyrocket to Historic 3,200, Signaling Major Shift

January 31, 2026 Jackson Miller

Seoul, South Korea, January 2025: A significant and potentially bullish trend is unfolding in the XRP market, centered on one of Asia’s largest cryptocurrency exchanges. Data from the analytics platform CryptoQuant reveals that the number of unique addresses withdrawing XRP from the South Korean exchange Upbit has surged to an all-time high of 3,200. This […]