South Korea has expanded cryptocurrency disclosure requirements for its public debt relief program by including virtual asset holdings in applicant asset reviews and linking debt forgiveness more closely to repayment capacity. According to local media, the Financial Services Commission said…

The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user data.

South Korea fined Bithumb 210m won for sending user data overseas without consent and ordered fixes as blockchain privacy rules expand now.

WSJ says Iran-linked wallets moved $3.84b through CoinEx since 2019, raising sanctions concerns and fresh Bybit hack trail questions.

South Korea’s Financial Intelligence Unit has referred about 40 unregistered virtual asset service providers to investigative authorities and warned consumers about the risks linked to unauthorized crypto businesses. The Financial Intelligence Unit, which operates under the Financial Services Commission, said…

South Korea’s Financial Services Commission has placed token securities infrastructure within a wider capital-market modernization plan covering faster settlement, longer trading hours and digital transformation.

Chainlink joins Project Pangea with European and Korean banks to test global stablecoin-based FX settlement using Swift and ISO 20022 rails.

Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.

South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institutions increase their focus on blockchain-powered payment services. According to a SBS Biz report, remittances processed through South…

Bithumb to list Canton (CC) in its KRW market as weak indicators meet fresh protocol updates and wider institutional backing in South Korea.

The Bank of Korea and participating banks have discussed operating deposit tokens on a continuous basis with the goal of establishing conditions for a formal rollout, according to briefing materials submitted by the Korea Federation of Banks to the office…

South Korea’s FIU is calling for broader crypto transfer reporting rules during FATF talks, citing offshore risks and uneven global AML enforcement.

South Korea has expanded plans for its financial regulatory sandbox to include digital asset related laws, opening the door for a wider range of blockchain and fintech services to seek regulatory exemptions. According to local media, South Korea’s Financial Services…

Toss Bank signed an MOU with the Solana Foundation to test Solana-based remittances and review stablecoin use in overseas payments in Seoul.

South Korea has begun considering rules that could allow fintech firms, not just cryptocurrency exchanges, to participate in a new licensing regime for cross-border digital asset transfers scheduled to take effect in December. Officials from relevant government agencies and industry…

G7 leaders urged joint action on North Korea crypto theft as reports tie DPRK hackers to $2.02B stolen in 2025 and missile funding.

Upbit will list PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO and AMP in BTC and USDT markets on June 19.

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