Korea

South Korea expands crypto Travel Rule to all transfers

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 Korea Crypto Volumes Surge 600% as KOSPI Plunges 18%

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 Korea arrests crypto laundering bank hackers

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...

South Korea eyes September launch for second phase of CBDC pilot

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...

S. Korea regulator sends Upbit inspection letter over $36M hack

South Korea’s Financial Supervisory Service formally began sanctions against Dunamu, Upbit’s operator, after the $36 million November 2025 hack.Upbit faced criticism for delaying the...

SK Hynix Ousts Samsung As South Korea’s Top Valued Firm

SK Hynix became South Korea's most valuable listed company on June 22, 2026, with a market cap of $1.35 trillion.The company's surge is driven...

Radiant Capital to Wind Down After $50M North Korea Hack

Radiant Capital is shutting down its core operations after failing to recover from a $50 million exploit attributed to North Korea's Lazarus Group in...

Coinone: Korea Investment, OKX Buy 20% Stakes

Korea Investment & Securities and OKX Ventures each acquire a 20% stake in the Korean crypto exchange Coinone.The investment creates a shareholding split between...

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ByteDance Secures $29.6B Loan from 30 Banks for AI Push

TikTok parent ByteDance secured a $29.6 billion loan from nearly 30 Chinese and international banks, up from an initial...

Musk: Tesla IPO value was a thousandth of current value

Tesla stock fell roughly 6% on Friday after the Cybercab launch event in Austin disappointed investors expecting a wider...

Tesla Cybercab stock crashes 6% on NHTSA audit

Tesla stock dropped 6% in an hour after the NHTSA opened a compliance audit of up to 1,000 Cybercabs.The...