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April 15, 2025

South Korea Bans 14 Crypto Exchanges on Apple Store

South Korean regulators are intensifying their efforts against digital asset firms by requesting that Apple block access to 14 apps domestically.

News
March 17, 2025

Bank of Korea Rejects Bitcoin for its Foreign Reserves

The Bank of Korea has opted not to include Bitcoin in its foreign exchange reserves due to its high volatility and failure to meet the International Monetary Fund’s guidelines on liquidity and risk management.

News
March 5, 2025

South Korea’s Regulator Tightens AML Supervision 

South Korea’s financial authorities are ramping up their anti-money laundering (AML) initiatives to tackle the rising risks associated with the swift increase in virtual asset transactions.

News
February 28, 2025

South Korea Unveils its Prosecution Crypto Crime Unit

The South Korean prosecution service has officially established a specialized unit dedicated to combating crypto scams and coin fraud.

News
January 17, 2025

South Korea Issues Suspension Order Against Upbit

Upbit, one of South Korea’s largest cryptocurrency exchanges, may face sanctions for not complying with the country’s anti-money laundering and know your customer (KYC) requirements.

News
December 16, 2024

BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea

Seychelles, Seychelles, 16th December 2024, Chainwire

Press releases
December 2, 2024

South Korea Puts Off Crypto Tax

The National Assembly of South Korea has come to a consensus to postpone the implementation of a cryptocurrency tax until 2027.

News
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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

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