Circle, Dunamu Partner on Crypto Education in South Korea

Circle and Dunamu have signed a partnership to promote digital asset education in South Korea. The collaboration aims to strengthen trust and regulatory alignment in the local crypto market. Key Takeaways: Circle and Dunamu signed a 2026 deal to boost USDC education, strengthening Korea’s crypto trust. Upbit operator Dunamu’s partnership with Circle signals tighter compliance … Read more

Bank of Korea Pushes Crypto Circuit Breakers to Prevent Sudden Market Breakdowns

South Korea is pushing crypto exchanges to adopt circuit breakers and stronger safeguards after internal control failures exposed vulnerabilities that can trigger sharp market disruptions. The Bank of Korea (BOK) warned current systems fall short of traditional financial standards. Key Takeaways: BOK urged crypto exchanges to adopt circuit breakers to curb extreme volatility. Central bank … Read more

South Korea Fines Coinone $3.5M, Suspends New User Services for 3 Months Over AML Violations

South Korea’s Financial Intelligence Unit fined crypto exchange Coinone 5.2 billion won and ordered a three-month partial business suspension after inspectors found systemic failures in customer identity checks and dealings with unregistered overseas platforms. Key Takeaways: South Korea’s FIU fined Coinone 5.2 billion won and imposed a 3-month partial business suspension starting April 29, 2026. … Read more

Bithumb Seeks Court Seizure of Assets to Recover Unreturned Bitcoin From $44B Blunder

South Korean crypto exchange Bithumb has filed a lawsuit to recover funds mistakenly sent to users in February. Key Takeaways: Bithumb mistakenly sent 620,000 BTC on Feb. 6, 2026, creating a massive $44 billion clerical error. The error prompted an FSS inspection of Bithumb to tighten virtual asset protection laws and control rules. Bithumb filed … Read more

South Korea Implements Unified Crypto Withdrawal Rules to Combat Phishing

South Korean financial regulators have introduced unified and stricter standards for the cryptocurrency withdrawal delay system to combat voice phishing. Key Takeaways: FSC and DAXA implemented unified rules after data showed 59% of fraud occurred via withdrawal exceptions. The stricter mandates are projected to slash withdrawal exception eligibility by more than 99%. FSS and DAXA … Read more

South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks

South Korea’s Toss, operated by Viva Republica, is developing a proprietary layer one (L1) blockchain mainnet and native cryptocurrency to integrate across its payment, banking, and securities ecosystem, according to an April 6, 2026, report from the regional blockchain outlet Blockmedia. Key Takeaways: Toss, operated by Viva Republica, is building an L1 blockchain mainnet and … Read more

Middle East Tensions Ease: How Asian Equities Responded

Asian equity markets posted broad gains on Wednesday, as investors responded to de-escalation signals in the U.S.-Israel-Iran conflict that reduced immediate threats to global oil supply. Nikkei, KOSPI, Hang Seng Rise as Iran Conflict Signals Shift Japan’s Nikkei 225 led the advance, climbing approximately 2.90% to close near 53,766 — recovering from correction territory reached … Read more

South Korea’s Tax Agency Eyes Private Custodians for Seized Crypto Following Mnemonic Leak

South Korea’s National Tax Service (NTS) is moving to hand off seized virtual assets to private custody providers after a recent security lapse exposed the risks of doing it in-house. Korea Tax Authority Fast-Tracks Crypto Custody Selection The agency is reportedly working to select a qualified custody firm within the first half of the year, … Read more

From Trillion-Dollar Chips to Power Grid Stress: AI’s Breakneck Week Explained

This week saw the artificial intelligence (AI) industry rocked by a potential Microsoft-OpenAI legal dispute over a $50 billion Amazon cloud partnership, Nvidia announcing $1 trillion in chip orders at its GTC developer conference, and new federal warnings that surging AI data center demand is destabilizing the U.S. power grid. Microsoft Eyes Legal Action Microsoft … Read more

Report: Bill Seeks to Abolish South Korea’s 22% Digital Asset Tax

South Korean lawmakers are once again tearing up the script on crypto taxation, this time with a proposal to scrap the levy altogether before it ever sees daylight. South Korea Crypto Policy Shift Could Remove Tax Burden Entirely According to the regional news publication Digital Asset, South Korea’s opposition party has introduced legislation to fully … Read more

You have not selected any currencies to display