Bithumb Raided by Police After Claims That Lawmaker Kim Byung‑gi Sought Jobs for His Son
South Korean police raided the offices of Bithumb as part of an investigation into alleged influence peddling by independent lawmaker Kim Byung-gi.
south korea (Latest Publications)
South Korea Drops Plan for Mandatory Crypto Transfer Reports
TL;DR: South Korean exchange platforms will avoid the automatic submission of reports for cross-border operations exceeding 10 million won. The Digital Asset Exchange Alliance (DAXA) estimated
South Korea Opens Gambling-Law Inquiry Into Polymarket’s Local Users
TL;DR: South Korean police opened the first reported illegal gambling investigation into local Polymarket users after a National Police Agency request. Users may face fines up
OKX Ventures Invests $53M in Korea’s Coinone Exchange
TL;DR: OKX Ventures will invest $53 million to acquire a 19.6% stake in Coinone, one of South Korea’s five licensed exchanges. Korea Investment & Securities will
South Korea Tightens Crypto API Rules as DAXA Cracks Down on Shared Key Abuse
TL;DR: Regulatory Standard: The Digital Asset Exchange Alliance (DAXA) approved a mandatory regulation requiring the invalidation of API credentials under suspicion of illegal sharing. Trading Metrics:
Prosecutors Unveil First DEX Rug‑Pull Case in South Korea Targeting CATFI Team
TL;DR: South Korea arrested five people over the CatFi rugpull, a Solana memecoin launched on Pump.fun in early 2025. The case marks the first application of
South Korea Probes Polymarket Over Gambling Concerns
Focus Gaming News reported on May 21, 2026, that South Korean regulators have begun a formal review of Polymarket. The review will examine whether the prediction
South Korea to Review Crypto Tax Repeal Petition
South Korea’s National Assembly petition page shows that a public petition seeking repeal of the country’s crypto tax plan has crossed the 50,000-signature threshold. The milestone
South Korea’s NHN KCP Bets Big on 2-Second Stablecoin Payments
South Korean payment giant NHN KCP has just launched a stablecoin payment pilot program powered by Avalanche infrastructure. Developed in collaboration with Ava Labs via an
South Korean Funeral Firm Loses $33M In Risky Bitmine ETF Bet Using Customer Funds
TL;DR: The firm Bumo Sarang accumulated unrealized losses of 49.3 billion won at the close of the year 2025 due to its financial exposure in an
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