Bithumb CEO admited past mistakes following the latest 620,000 BTC blunder which has prompting further investigations into system flaws. South Korea’s financial authorities are facing criticism after failing to spot major flaws in Bithumb’s systems that led to an unprecedented Bitcoin error. Despite repeated inspections by the Financial Services Commission (FSC) and the Financial…
Asian equities edged lower as tariff concerns resurfaced after President Donald Trump threatened to raise levies on South Korean goods. The yen held its gains. The Kospi Index, one of the world’s best-performing benchmarks this year, fell 0.9%, while the South Korean won weakened after four days of gains. Japanese shares fell for a second…
South Korea’s push to grow crypto services hit a hard pause last year, as regulators moved slowly and approvals dried up. Trading and custody firms found themselves waiting longer. Investors and startups are watching closely. South Korea: Approvals Drop Sharply Based on reports, the Financial Intelligence Unit approved only two new Virtual Asset Service Providers…
South Korea is preparing to expand its anti-money laundering rules for cryptocurrency transactions. The government will extend the crypto Travel Rule to cover transfers below 1 million won, or about $680. The move follows the adoption of the Virtual Asset Users Protection Act, which took effect in July last year. The law bans insider trading,…
November 17, 2025November 17, 2025 Samsung is doubling down on the global AI surge. It is announcing a massive $310 billion investment plan to expand its footprint across advanced chips, data centers, and next-generation technologies over the next five years. The centerpiece of this plan…
November 14, 2025November 14, 2025 South Korea and the United States have signed an MoU to advance $350 billion in strategic investments across key US industries. South Korea’s Industry Minister Kim Jung-kwan announced this on 14th November. The two countries aim to finalise detailed investment plans by January 2029….
For years, South Korea was the global heartbeat of crypto speculation. It became the place where digital coins traded at a premium, and where retail investors moved markets overnight. The “Kimchi Premium” became shorthand for a national obsession: Rampant and frenetic trading activity unrivaled by any region across the globe. But by late 2025, the…
September 29, 2025September 29, 2025 South Korea has started a pilot programme allowing visa-free entry for Chinese tourist groups to boost its economy and strengthen ties with China. Groups of three or more from mainland China can stay for 15 days without a visa until…
TL;DR A low-cap cryptocurrency posted solid gains after Bithumb said it will launch trading services with it. Most recently, the company suffered a technical outage that paused all operations for more than an hour and a half. New Monthly Record Most leading cryptocurrencies have shown little to no substantial movements in the past 24 hours,…
TL;DR HYPER neared its ATH after backing from South Korea’s top crypto exchanges. Upbit’s listing history shows a pattern of triggering explosive rallies, with coins like MOODENG, RVN, and TRUMP all experiencing major price spikes shortly after being added to the platform. The Top Performer Triple-digit price gains within 24 hours are nothing unusual in…