South Korea Clamps Down on Upbit and Bithumb Over Risky Crypto Lending Practices South Korean financial regulators have put Upbit and Bithumb, the country’s dominant cryptocurrency exchanges, under intense scrutiny over their high-leverage crypto lending and margin trading products launched in July 2025. With leverage ratios as high as 4:1, concerns about investor safety, potential […]
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Trump’s South Korea Trade Deal: Tariff Cuts, Investments, and a Crypto Opportunity? President Trump has inked a fresh trade agreement with South Korea, scaling back a previously threatened 25% tariff on their imports to a more digestible 15%, a move signaling both compromise and continued U.S. muscle-flexing. Shared through Trump’s Truth Social platform, this deal […]
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South Korea’s Bank of Korea Launches Cryptoassets Department for Stablecoin Oversight South Korea’s central bank, the Bank of Korea (BOK), has taken a decisive step into the cryptocurrency realm by establishing a new Cryptoassets Department within its Financial Settlement Bureau. This move, centered on monitoring Korean won (KRW)-pegged stablecoins and navigating legislative shifts, signals Seoul’s […]
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South Korea’s Political Titans Clash Over Stablecoin Rules: Innovation or Risk? South Korea has thrown its hat into the global stablecoin ring, with the nation’s two powerhouse political parties—the ruling Democratic Party (DP) and the opposition People Power Party (PPP)—rolling out rival bills on July 28, 2025, to regulate Korean Won (KRW)-pegged digital assets. This […]
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South Korea Crypto Exchanges Pay $87M in Interest: Regulation Win or Centralization Risk? South Korean cryptocurrency exchanges have dropped a bombshell, shelling out $87 million (120.26 billion won) in interest on fiat deposits to customers over the past year. This eye-popping figure stems from a bold regulatory move, but it also raises prickly questions about […]
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South Korea’s Trade Battle with the US: Tariffs Threaten Tech and Crypto Horizons South Korea is locked in a critical race against time to hammer out a trade deal with the United States before a punishing 25% tariff on its exports slams into effect on August 1, 2025. With high-level talks scheduled for next week, […]
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South Korea Crypto Crackdown: Regulators Target Coinbase, MicroStrategy ETFs South Korea’s financial watchdog has thrown a wrench into the crypto investment game, with the Financial Supervisory Service (FSS) issuing verbal guidance to fund managers to slash exposure to crypto-related stocks like Coinbase and MicroStrategy (now Strategy) in exchange-traded funds (ETFs). This hardline stance, echoing a […]
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K-Pop Star Park Gyuri of Kara Entangled in Pica Coin Crypto Scandal Amid Ex-Lover’s Fraud Trial Park Gyuri, a founding member of the legendary K-pop group Kara, is caught in a storm of allegations over her ties to Pica Coin, a failed art-themed altcoin, as her ex-boyfriend Song Ja-ho stands trial for fraud and breach […]
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Ex-South Korean First Lady Kim Keon-hee Tied to Crypto Scam Probe with Market Maker Park South Korean prosecutors have launched a bombshell investigation into former First Lady Kim Keon-hee, probing her potential links to a notorious crypto market maker known as Park, or by his alias Jon Bur Kim. Accused of masterminding massive altcoin scams, […]
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South Korea’s Shinhan Bank Pioneers Crypto Integration with SOL App—Mainstream Adoption or Risky Gamble? Shinhan Bank, a titan in South Korea’s financial arena, has just made a groundbreaking move by embedding cryptocurrency services into its SOL banking app, becoming the first domestic bank in the nation to do so. In a country where tech obsession […]
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