Korean Regulators Flag $60B Shift From Local Exchanges to Offshore Markets
TL;DR: South Korea recorded crypto outflows of $60 billion to foreign platforms and private wallets in the second half of 2025. The Financial Services Commission attributed
south korea (Latest Publications)
South Korea Targets ‘Problematic’ Crypto Tax as Stablecoin Skeptic Gains Influence
TL;DR: The People Power Party (PPP) proposes eliminating the 22% tax on crypto assets, originally scheduled for January 2027, citing a lack of fairness compared to
South Korea’s Tax Agency Turns to Private Crypto Custodian After Security Failures
TL;DR: South Korea’s tax agency is seeking a private custodian for its seized cryptocurrencies following the leak of a seed phrase. The February 26 leak resulted
South Korea Faces Renewed Debate Over 22% Crypto Tax as Opposition Seeks Repeal
TL;DR South Korea’s main opposition party has proposed scrapping the planned crypto tax before its Jan. 1, 2027 rollout by amending the Income Tax Act. The
South Korea Intensifies Fight Against Illegal Crypto Channels
TL;DR South Korean authorities are increasing efforts to prevent criminal use of cryptocurrencies, particularly anonymous “dark coins”, through new cooperation between financial institutions and law enforcement.
KG Inicis Partners With Crypto.com to Enable Crypto Payments Across 190,000 Merchants
TL;DR: Crypto.com partnered with KG Inicis, South Korea’s largest payment platform, to offer cryptocurrency payments to foreign tourists. KG Inicis processes over 400 million transactions annually
KNPA Prepares Fresh Guidelines to Standardize Storage of Confiscated Digital Assets
TL;DR South Korea’s National Police Agency drafted new guidelines for seized crypto, covering privacy coins, software wallets, wallet addresses and private keys at each seizure stage.
Binance Rolls Out Leveraged Futures Tied to South Korea ETF
TL;DR Product launch: Binance introduced the EWYUSDT perpetual contract, giving traders leveraged exposure to the iShares MSCI South Korea ETF using crypto collateral. Market concentration: The
Hana Financial and Standard Chartered Forge Digital Asset Alliance With Stablecoins at the Core
TL;DR: Hana Financial Group signed a memorandum of understanding with Standard Chartered to collaborate on digital assets, with a focus on stablecoins. The agreement combines Hana’s
South Korea’s FIU Proposes Six-Month Partial Suspension and Massive Fines for Bithumb
TL;DR South Korea’s FIU sent Bithumb a preliminary notice proposing a six-month partial business suspension and fines in the tens of billions of won. The case
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