Bithumb Seeks Court Order to Freeze 7 BTC After Users Refuse to Return Erroneous Payout
TL;DR: Bithumb requested a South Korean court to preventively seize 7 bitcoins that some users refused to return after an erroneous payment. On February 6, an
south korea (Latest Publications)
FSC Moves to Rein In Crypto Withdrawal Exemptions Tied to Voice-Phishing Cases
TL;DR: South Korea will tighten exemption rules that let some crypto users bypass withdrawal delays after regulators linked exempted accounts to most voice-phishing losses nationwide. From
South Korea Moves to Institutionalize Tokenized RWAs and Stablecoins Under Existing Laws
TL;DR: South Korea’s ruling Democratic Party is drafting rules to place tokenized RWAs and stablecoins under existing financial laws through the proposed Digital Asset Basic Act.
South Korea and France Accelerate Crypto Talks Ahead of Major Regulatory Shift
TL;DR: South Korea and France held a two-day joint seminar focused on cryptocurrencies, digital assets, and their impact on global payments. Stablecoins and CBDCs were at
Upbit Stays at Center of South Korea’s Crypto Market
CoinMarketCap shows that Upbit recorded $1.08 billion in 24-hour spot trading volume. The same page describes Upbit Korea as the country’s largest cryptocurrency exchange by trading
Toss Explores Native Blockchain and Token Launch in New Web3 Expansion Push
TL;DR: Toss, the South Korean fintech giant, is evaluating the launch of its own native blockchain and a cryptocurrency on a layer 1 mainnet. The company
South Korea Orders Crypto Exchanges to Run Five-Minute Ledger Checks After Bithumb Error
TL;DR: South Korea will require its five crypto exchanges to reconcile ledger balances with actual holdings every five minutes and build automatic trading-halt standards. The move
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 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
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