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KDAC to Manage Seized Crypto for Korea National Tax Service
The Korea National Tax Service (NTS) has officially appointed Korea Digital Asset Custody (KDAC) as the specialized service provider for the management and storage of seized virtual assets. This landmark agreement repre…
South Korea’s FSC Probes Hana Bank Over Dunamu Equity Acquisition
The South Korean Financial Services Commission (FSC) has initiated a formal review into Hana Bank regarding its recent acquisition of shares in Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbi…
South Korea’s FSI to Launch Advanced Smart Contract Security Tool
The Financial Security Institute (FSI) of South Korea has officially announced a comprehensive initiative to enhance the security infrastructure of the domestic digital asset ecosystem. According to reports from Edaily …
Bithumb to Vote on CEO Lee Jae-won’s Reappointment Amid Regulatory Hurdles
The South Korean cryptocurrency exchange Bithumb is moving forward with plans to reappoint its current CEO, Lee Jae-won, despite a series of recent operational setbacks and mounting regulatory pressure. According to rep…