Financial Services Commission
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cryptoSouth Korea Crypto Tax Petition Hits 50K Signatures, Forces Review
A petition to scrap South Korea's 22% crypto tax reached 50,000 signatures, triggering a parliamentary review.
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cryptoBithumb Seeks to Seize Bitcoin Amidst $43 Billion Trading Error Fallout
South Korean exchange Bithumb pursues legal action to recover 7 BTC from users who kept funds mistakenly distributed in a massive trading error, prompting regulatory changes.
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cryptoBithumb Pursues Legal Action for 7 Bitcoin Lost in Payout Error
South Korean crypto exchange Bithumb initiates legal proceedings to reclaim 7 Bitcoin lost due to a significant payout error during a promotional event.
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cryptoSouth Korea Mandates Strict Withdrawal Delays for Crypto Exchanges to Combat Phishing
South Korean regulators impose uniform withdrawal delay criteria on all crypto exchanges, eliminating individual platform discretion to combat a surge in voice phishing scams.
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cryptoSouth Korean Regulators Scrutinized Over Massive Bithumb Bitcoin Glitch
South Korean lawmakers are questioning financial regulators' oversight following a significant error by crypto exchange Bithumb, which mistakenly credited users with billions in Bitcoin.