Korea

The Bank of Korea is surveying 18 banks and 13 brokerages about cryptocurrency-related risks.The survey includes scenarios involving a major exchange hack, a steep...

South Korea's KOSPI index fell more than 8% on "Black Thursday," triggering a 20-minute trading halt and pushing its drawdown past 40% since June.The...

Bitget lost approximately $352 million in a hack attributed to North Korea's Lazarus Group.CEO Gracy Chen confirmed the attack shows signs of a North...

The Bank of Korea launched a pilot of its first 24-hour won settlement network for foreign investors.The network allows settlement of won transactions outside...

South Korea will eliminate the $700 threshold for crypto Travel Rule compliance, applying it to all transfers between registered VASPs.The Cabinet approved amendments to...

South Korean crypto trading volumes surged 600% as the KOSPI stock index dropped nearly 18% this week. Investors may be shifting funds to overseas exchanges...

North Korean authorities arrested a group of former state cyber operators and IT specialists for allegedly Hacking the country's central bank and the Foreign...

The Bank of Korea plans to launch the second phase of its wholesale CBDC pilot, Project Hangang, as early as September.Two regional banks, Kyongnam...