Korea

RedotPay Launches Crypto Payment Cards in South Korea via Visa

RedotPay introduces cryptocurrency payment cards in South Korea, enabling users to make purchases with digital assets at any VISA-accepting merchant.The cards support major cryptocurrencies...

Korea Establishes New Cryptocurrency Donation Rules for Non-Profits

Korea's Financial Services Commission has established new rules allowing nonprofits to receive cryptocurrency donations under specific guidelines. New regulations address how cryptocurrency exchanges...

South Korea blocks 14 crypto exchanges on Apple Store amid crackdown

South Korea's Financial Services Commission blocked 14 crypto exchanges on Apple's App Store, including KuCoin and MEXC, for operating without proper registration.The ban follows...

North Korea’s Lazarus Group Steals Record $1.4 Billion in Bybit Hack

North Korea's Lazarus Group stole $1.4 billion from Bybit in February, marking the largest single cryptocurrency hack in history.North Korean Hacking operations are more...

South Korea crypto users surpass 16M after Trump’s election victory

South Korea's crypto exchange users have surpassed 16 million (over 30% of the population), outpacing stock market participation.User numbers jumped by 600,000 following Trump's...

South Korea: Google Play blocks 17 unregistered crypto exchanges

Google Play has restricted access to 17 unregistered cryptocurrency exchanges operating in South Korea at the request of the country's financial regulators.The affected exchanges,...

South Korea considers blocking crypto exchanges operating without licenses

South Korea's Financial Intelligence Unit (FIU) is investigating crypto exchanges allegedly operating without proper registration as virtual asset service providers (VASPs).Authorities are considering blocking...

Bank of Korea to Launch Digital Currency Trial with Seven Banks in April

South Korea is launching a three-month trial combining tokenized bank deposits and a wholesale CBDC with 100,000 consumers starting in April 2023.Seven major Korean...

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DEA Seizes $10M in Sinaloa Cartel Crypto During Florida Drug Raids

Authorities seized over $10 million in cryptocurrency from the Sinaloa cartel in Florida during recent drug raids. Since January 20,...

Hong Kong Unveils LEAP Framework, Sets Global Crypto Rulebook

Hong Kong announced the LEAP framework on June 26 to regulate stablecoins and tokenized assets with clear rules. The new...

BNB Chain Plans 5,000 DEX Swaps/Sec in Major 2025-2026 Upgrade

BNB Chain will upgrade its infrastructure in the second half of 2025 to process up to 5,000 decentralized exchange...

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