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South Korea

Upbit listing puts privacy AI token VVV in Korea’s spotlight

Upbit listed Venice Token with KRW, BTC and USDT pairs as VVV traded near $17.15, down 2.9% over 24 hours.

South Korea crypto holdings crash 50% as investors chase stocks

South Korean crypto holdings fell to $41B as investors shifted to stocks, while tax and AML rules added fresh pressure.

Crypto traders face 22% tax as South Korea locks 2027 timeline

South Korea plans to tax crypto gains above 2.5 million won at 22% from January 2027, with exchanges preparing investor reporting rules now.

Google DeepMind joins South Korea’s K-Moonshot to tackle scientific challenges with AI

Google DeepMind partners with South Korea on K-Moonshot, plans Seoul AI campus and data exchange, as Alphabet ramps up investment in Anthropic.

South Korea penalizes Coinone with a $3.5M fine for AML lapses

Coinone faces a partial service suspension and a 5.2 billion won fine after regulators discovered 70,000 unverified accounts and unauthorized overseas transfers.

BOK Nominee Supports CBDC While Backing Regulated Stablecoins

Shin says digital currency plans must balance innovation and stability, highlighting stablecoins’ role in tokenized assets and automated payments.

The 620,000 Bitcoin Blunder: Bithumb Turns to Courts to Claw Back Remaining BTC

During a routine “random box” promotional event, Bithumb planned to distribute 620,000 won but mistakenly sent the same number in BTC.

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