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South Korea Will Take a Direct Approach to Crypto Exchange Regulations

On August 6, 2019, the Financial Intelligence Unit (FIU) of the Financial Services Commission in South Korea revealed plans to institute direct regulations...

UN: North Korea Funds Weapons Program Through Crypto Hacks

The United Nations has claimed that the government of North Korea has managed to drum up some $2 billion for its missile and...

UN: North Korea Accumulating Cryptocurrency For Weapons Programs

A recent report by the United Nations has revealed that North Korea has amassed billions of dollars for its weapons programs. The loot...

Crypto Crimes Cost South Korea More Than $2 Billion

South Korea has been hit with approximately $2.28 billion (2.69 trillion won) in financial damage due to cryptocurrency-related crimes within the last two...

Report: Binance Discussing Subsidiary in South Korea

Major cryptocurrency exchange Binance could launch a cryptocurrency exchange subsidiary in South Korea, Block In Press reports. So far, however, the exchange has...

Google Trends Shows Bitcoin Is About to Explode in South Korea

South Korea has long been a key region for Bitcoin adoption. Now its government and banks are coming around, Googe Trends reveals an...

Bitcoin Bull Market Sees South Korea Set Fresh Localbitcoins Trading Record

South Koreans exchanged almost 220 million won ($186,000) worth of Bitcoin on P2P trading platform Localbitcoins the week ending May 25. KRW Third Most-Used...

North Korea Cryptocurrency Report Urges Southeast Asia To ‘Mitigate’ Threat

A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI:...

Japan and Korea Officially Approve Their Biggest Crypto Exchanges

South Korea’s Internet & Security Agency (KISA) has granted an important certification to the country’s leading cryptocurrency exchange Bithumb. Meanwhile, in Japan, Coincheck, the...

South Korea Approves Its First Cryptocurrency Exchange Upbit

South Korea’s Internet and Security Agency (KISA) awarded Upbit an information security management system (ISMS) license, for its strong infrastructure.  Upbit Becomes First ISMS Licensed Exchange Upbit,...