Cryptocurrency exchange Bithumb restarts withdrawal, deposit services
The intended relaunch of the South Korea's Bithumb withdrawal and deposit platform was delayed due to efforts "to provide a more stable environment."
Latest South Korea News
South Korea crypto scam promises investors shipwreck gold
Authorities in South Korea are investigating an alleged cryptocurrency investment scam involving Seoul-based Shinil Group as the key figure.
Failure to renew bank contract forces Bithumb to halt new account openings
South Korean cryptocurrency exchange Bithumb will stop issuing new real-name accounts from August, following its failure to reach an agreement on a contract renewal with NH Nonghyup Bank.
South Korea may soon strip tax perks from crypto exchanges
The South Korean government proposed a revision to the country's existing tax law that would remove crypto exchanges from the small and medium enterprise (SME) category.
KT Corp: South Korea mobile carrier creates first blockchain-based commercial network
South Korean second largest mobile carrier, KT Corp, announced on Tuesday the world’s first blockchain-based commercial network. KT Corp plans to launch its new technology before the end of this year.
Binance prepares to launch in South Korea
Binance, one of the largest cryptocurrency exchanges by trading volume, has already begun to hire executives in South Korea in preparation for the expansion.
Coinrail ignites hope with relaunch, offer to recover 11 cryptocurrencies
South Korean cryptocurrency exchange Coinrail has resumed its operations on July 15, and it's first order of business was to refund customers the crypto coins they lost during the June 10 attack.
South Korea’s Bithumb exchange eyes Japan, Thailand expansion
Bithumb, a cryptocurrency exchange based in South Korea, is already working to obtain regulatory approvals from Thailand's Securities and Exchange Commission to set up an exchange in the country, according to reports.
South Korean officials probe data handling at crypto exchanges
A probe of cryptocurrency exchanges in South Korea is currently underway by regulators who are concerned with how the exchanges have handled customer data.
South Korea’s Kakao seeks partners for Steemit-like crypto platform
Mobile app operator Kakao is making arrangements to raise funds for its new cryptocurrency platform, which will provide similar services as Steemit.
South Korea’s Bithumb reduces crypto hack losses to $17M
The South Korean crypto exchange claimed to have reduced the losses to around KRW19 billion (US$17 million) after it retrieved some of the lost funds from other exchanges.
South Korea beefs up rules on crypto exchanges, bank accounts
The Financial Services Commission has detailed new requirements for account monitoring by South Korean banks.