South Korea’s Crypto Push: Bitcoin ETFs Headed For Approval In 2025
South Korean regulators are gearing up for a big shift: spot Bitcoin and other crypto ETFs could hit the market by the second half of 2025. Related Reading: Blockchain Powerhouse Pours $10M Into XRP And 4 Other Crypto Stars According to reports, the Financial Services Commission has sent a roadmap to the Presidential Committee on […]
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Upbit, one of South Korea’s largest crypto exchanges, reported a major loss after a Solana-network hot wallet was emptied early on November 27, 2025. Related Reading: Stablecoins Push Forward With US Bank Testing Payments On Stellar According to reports, about 54 billion Korean won — roughly $36–37 million — was taken in what the company […]
Korea Financial Investment Association (Kofia) Chairman Seo Yoo-seok has called for the approval of cryptocurrency spot exchange-traded funds (ETFs) and the formal recognition of security tokens. During a recent New Year’s news conference at Kofia’s Seoul headquarters, Seo highlighted the potential growth of the virtual asset market, influenced by U.S. President Donald Trump’s pro-crypto policies. […]
South Korea’s Financial Intelligence Unit (FIU) has imposed a 6-month partial business suspension and 36.8 billion won fine on one the biggest Korean crypto exchanges, Bithumb. Related Reading: Crypto Push In Korea: Hana Financial And Standard Chartered Unveil New Deal A New Governance Hit On A Crypto Exchange According to Korean outlet News1, the FIU […]
South Korea’s financial authority is expected to release the long-awaited regulatory framework next quarter, offering clear guidelines for the issuance and distribution of won-pegged stablecoins. Related Reading: Crypto Clampdown: South Korea’s Jeju City Goes After Suspected Tax Evaders Stablecoin Guidelines By October On Monday, local news media outlets reported that South Korea’s financial regulator, the […]
This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets. Related Reading: $235 Million Crypto Theft from WazirX Was ‘Perpetrated’ By North Korean Hackers, Report Reveals South Korea’s […]