South Korea is tightening the screws on crypto crime, and it’s bringing Chainalysis into the fight. The Korean National Police Agency has formalized a cooperation deal with the blockchain analytics firm to help track North Korea-linked thefts, laundering, and cross-border fund flows. Chainalysis and South Korean police have signed a cooperation deal focused on crypto […]
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South Korea is easing a proposed crypto reporting crackdown after heavy pushback from exchanges, shifting toward a more risk-based approach for overseas transfers while keeping anti-money-laundering pressure firmly in place. FIU softens automatic suspicious-reporting rule 10 million won threshold no longer triggers blanket flags Travel rule expansion below 1 million won stays in place DAXA […]
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South Korea got a brutal reminder that democracy can be tripped up by something as stupid as a paper ballot shortage. The June 3 local election disruption sparked apologies, legal action, and a fresh debate over whether blockchain voting could improve election integrity without turning the whole process into a shiny, overhyped mess. Ballot shortage […]
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Private markets are getting jammed up, exits are slowing, and tokenization is being pitched as a real fix for a venture capital system that keeps locking up capital for too long. Liquidity is drying up across private markets and venture capital. South Korea is feeling the squeeze as late-stage startups face down rounds and delayed […]
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South Korea’s crypto tax revolt is getting louder. A public petition calling for the repeal of cryptocurrency taxation has now cleared 52,900 signatures, sending the demand to the National Assembly for formal review and putting the country’s crypto policy under a bright, unforgiving spotlight. 52,900+ signatures force parliamentary review 22% crypto gains tax faces backlash […]
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South Korea is weighing a sharp U-turn on its planned 22% crypto gains tax after retail investors erupted, a petition crossed the legal threshold for review, and lawmakers started asking whether the policy was even workable in the first place. Planned 22% crypto gains tax faces repeal pressure Threshold was 2.5 million won, or about […]
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South Korea’s Stablecoin Fight Is No Longer About Minting Tokens — It’s About Making Them Usable South Korea’s stablecoin debate is finally moving past the shiny-object phase. The real question now is not who issues the next won-pegged token, but who can build the compliant settlement rails that let institutions actually use stablecoins without tripping […]
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South Korea’s biggest banking group has completed a won-pegged stablecoin pilot that actually did something useful — while the country’s regulators are still stuck in a turf war over who gets to control the rails. KB Financial Group finished a won-denominated stablecoin trial Payments, merchant settlement, and remittances were tested on blockchain infrastructure QR payments […]
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South Korea is seeing a fresh wave of crypto schemes dressed up in AI branding, while regulators keep a close eye on referral-driven funnels that may cross the line into unregistered virtual asset activity. AI branding is being used as a trust gimmick. KakaoTalk and Telegram are key recruitment channels. Offshore exchanges, referral fees, and […]
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South Korea’s crypto market is getting flooded with “node” offers that look less like blockchain infrastructure and more like an old-fashioned recruiting machine wearing a Web3 jacket. “Buy a node, get paid coins every day” Referral bonuses, staged price hikes, and USDT payments TokenPost says many “node” pitches look suspiciously MLM-like According to TokenPost, South […]
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