127 stories tagged #South Korea

  1. Coinone Fined $3.5M, Faces Business Suspension Over AML Lapses
    crypto

    Coinone Fined $3.5M, Faces Business Suspension Over AML Lapses

    South Korea's Financial Intelligence Unit penalizes cryptocurrency exchange Coinone for anti-money laundering failures, including identity verification and foreign transaction violations.

    last mo. 1 min read
  2. South Korean AI Chip Startup DeepX Eyes Public Offering
    tech

    South Korean AI Chip Startup DeepX Eyes Public Offering

    South Korean AI chip startup DeepX, a partner to Hyundai Motor and Baidu, is preparing for a domestic public share offering, with a potential U.S. listing to follow.

    last mo. 1 min read
  3. Jito Foundation Partners with KODA for Institutional Staking in South Korea
    crypto

    Jito Foundation Partners with KODA for Institutional Staking in South Korea

    Jito Foundation and KODA are collaborating to offer institutional custody and staking for JitoSOL in South Korea, navigating the region's developing crypto regulations.

    last mo. 2 min read
  4. South Korea's Central Bank Calls for Crypto Trading 'Circuit Breakers'
    crypto

    South Korea's Central Bank Calls for Crypto Trading 'Circuit Breakers'

    The Bank of Korea urges lawmakers to implement trading halts on crypto exchanges to prevent market chaos, following a $42 billion error at Bithumb.

    last mo. 1 min read
  5. South Korea Flags API Crypto Trading at 30% Amid Manipulation Fears
    crypto

    South Korea Flags API Crypto Trading at 30% Amid Manipulation Fears

    South Korea's Financial Supervisory Service warns of price manipulation through automated API crypto trading, now 30% of market turnover. Investigations launched into suspicious activity.

    last mo. 1 min read
  6. South Korea and Poland Forge Deeper Defense Ties Amid Geopolitical Shifts
    world

    South Korea and Poland Forge Deeper Defense Ties Amid Geopolitical Shifts

    South Korea and Poland are strengthening their defense partnership, highlighted by Polish Prime Minister Donald Tusk's visit to Seoul. The nations are expanding cooperation beyond military hardware.

    last mo. 1 min read
  7. Bithumb Seeks to Seize Bitcoin Amidst $43 Billion Trading Error Fallout
    crypto

    Bithumb 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.

    last mo. 1 min read
  8. Bithumb Seeks Court Order to Seize Bitcoin After $8M Payout Error
    crypto

    Bithumb Seeks Court Order to Seize Bitcoin After $8M Payout Error

    South Korean exchange Bithumb is pursuing legal action to recover seven Bitcoin after a promotion error mistakenly credited users with vast amounts of cryptocurrency.

    last mo. 1 min read