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Kiwoom Securities Seeks Stake in Bithumb Amid Regulatory Shifts
The South Korean financial landscape is witnessing a significant shift as Kiwoom Securities, a prominent domestic brokerage firm, moves to acquire a stake in Bithumb. As the nation’s second-largest digital asset exchang…
Dunamu and Seven Firms Bid for South Korean Police Crypto Custody Project
At least seven prominent financial technology and digital asset firms in South Korea have submitted proposals to become the inaugural private custodian for cryptocurrencies confiscated by law enforcement. According to a…
Bank of Korea Accelerates Deposit Token Commercialization Plans
The Bank of Korea (BOK) is intensifying its efforts to integrate deposit tokens into the national financial infrastructure, signaling a shift from experimental pilot programs toward full-scale commercialization. This st…
South Korean Regulators Maintain Strict Stance on Crypto Rules
South Korean financial authorities have officially rejected calls for the immediate relaxation of regulations governing the virtual asset sector. Following a comprehensive internal review concluded on June 22, 2026, the…
South Korean Petition to Abolish Crypto Tax Gains 58,000 Signatures
A significant public petition calling for the abolition of virtual asset taxation in South Korea has officially surpassed the required threshold for legislative review. As of June 21, 2026, the petition has garnered 58,…
South Korea to Open Virtual Asset Remittance System by December
The South Korean government is preparing to modernize its financial infrastructure by integrating cryptocurrency exchanges and fintech companies into the national overseas remittance framework. According to recent repor…
South Korea to Tax Tokenized Stocks as Securities by Late 2026
The South Korean Ministry of Economy and Finance has officially clarified the regulatory status of tokenized stocks, designating them as securities rather than virtual assets. This reclassification paves the way for the…
South Korea Abolishes Mandatory Reporting for Large Crypto Transfers
The South Korean Financial Intelligence Unit (FIU) has announced a significant shift in its regulatory framework by abolishing the mandatory reporting requirement for virtual asset transfers exceeding 10 million Korean …
South Korean Crypto Trading Volume Drops to 10% of KOSPI Levels
The South Korean virtual asset market is experiencing a significant contraction in retail participation, with recent data revealing that domestic trading volumes have fallen to just one-tenth of the KOSPI’s turnover. Th…
South Korea’s Crypto Tax Repeal Petition Reaches 50,000 Signers
A nationwide movement in South Korea to halt the implementation of virtual asset taxation has gained significant momentum, reaching a critical legislative milestone. According to reports from the Seoul Economic Daily, a…