South Korea
Stories tagged South Korea.
Bitcoin’s Kimchi Premium Returns: BTC Trades Nearly 1% Higher on Upbit at $78,287
Bitcoin trades about 1% higher on Upbit than Binance, per Bloomberg and CoinGecko, as BTC sits near $78,287 after a 24% monthly…
Bithumb Wins First Two of Four Lawsuits Over 620,000 BTC Error
Seoul court sides with Bithumb in two of four suits tied to a February 620,000 BTC credit error worth over $40 billion…
Upbit’s Daily Volume Rockets 273% to $1.84B as Bitcoin Rally Draws Korean Traders Back
Upbit's 24-hour trading volume hit $1.84B on Aug 21, its highest since mid-March, as XRP led activity at $418.9M amid a Bitcoin…
South Korea Blocks Polymarket, Becomes Fourth Country After France, Germany, Australia
KCSC ruled Aug. 18 that Polymarket's fee-based, order-book model is illegal gambling, rejecting its noncustodial defense.
Jeonbuk Bank Drops SWIFT for Ripple Payments, XRP’s Role Left Undisclosed
South Korea's Jeonbuk Bank adopts Ripple Payments for cross-border transfers, Ripple's third Korean deal in 2026, but settlement asset stays unclear.
Delio CEO Gets 15 Years for $50M Crypto Fraud Tied to 1,100+ Victims in Korea
Seoul court hands Delio's Jeong 15 years for embezzling 70B won in BTC/ETH deposits after a June 2023 withdrawal freeze.
Bithumb Sets 2028 IPO Target, Files Preliminary Listing Review in 2027
South Korea's largest crypto exchange lays out a three-stage roadmap to a 2028 listing after a $40B transfer error triggered scrutiny.
KB Kookmin Bank ($552.76B Assets) Taps JPMorgan’s Kinexys for Dollar Payments
South Korea's largest lender, holding $552.76B in assets, will route USD trade payments over JPMorgan's Kinexys blockchain to 10 countries from August.