This Week In Crypto Asia: South Korea’s Crypto Exchange Market Shrinks By 26%

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The cryptocurrency market in South Korea is subject to a significant contraction, as the number of registered encryption trading companies decreased by more than 26 % last year. As of February 2025, 31 registered encrypted exchange in South Korea is still. This is a sharp decrease from 42 exchanges in early 2024. On February 7, … Read more

Alchemy Pay Expands Crypto Services To South Korea, Following Australia. Best Crypto To Buy!

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Alchemy Pay has acquired a financial financial registration in South Korea. On February 5, 2025, the bid of alchemy open Its strategic expansion in Korea is in line with its mission to expand encryption services all over the world. Commenting on the development, Ailona Tsik, CMO of Alchemy Pay, said, “As a central center in … Read more

Virtual Protocol Surges as Upbit, South Korea’s Largest Exchange, Announces Listing

Upbit, the largest exchange exchange in South Korea, has inserted a virtual protocol, a major step in the symbolic ecosystem of Amnesty International. Why Coinbase is still fading?

Upbit has included the largest in South Korea, a virtual (virtual) protocol, which represents a major development in the symbolic ecosystem of Amnesty International. EXCHANGE launched trading support for Virtual .CWP-COIN-Chart Svg Path {Stroke-Width: 0.65! Important; }} price Size in 24h ? -> 7D price On January 31, users are allowed to exchange a distinctive … Read more

South Korea’s Upbit Faces Regulatory Scrutiny After KYC, AML Violations

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South Korea’s largest cryptocurrency exchange, Upbit, is under intense regulatory scrutiny. After being accused of violating more than 700,000 Know Your Customer (KYC) and anti-money laundering (AML) obligations, Upbit is facing suspension. According to local media reports published on January 16, 2025, the Financial Intelligence Unit (FIU), a division of South Korea’s Financial Services Commission … Read more

South African Authorities Arrest Suspect for Funding Terrorism with Bitcoin

South African Authorities Arrest Suspect for Funding Terrorism with Bitcoin

In a major crackdown on misuse CryptocurrencySouth African authorities have arrested a 35-year-old accused of using digital assets to finance terrorist operations. The arrest operation carried out FalconsThis follows a lengthy investigation sparked by alerts about possible terrorist financing activities. Since May 2018, information has been disclosed from Financial Intelligence Center The FIC played a … Read more

South Korea To Explore Crypto ETFs And Enable Security Token Issuance In 2025

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South Korea plans to explore exchange-traded funds (ETFs) and allow companies to issue security tokens in 2025. according to Local media reportsThe South Korean government is reportedly considering introducing cryptocurrency ETFs. In addition to cryptocurrency ETFs, South Korea is preparing to enable companies to issue security tokens starting in 2025. Related: Cryptocurrency trading in South … Read more

South Korea Doesn’t Want To Be Vague About Crypto Anymore! Stock Exchange Chief Calls For Institutionalization

South Korea

On December 15, 2024, in an interview with local media, Jeong Eun-bo, chairman of the South Korean Stock Exchange, urgently called for the institutionalization of the cryptocurrency market. “We must quickly institutionalize the virtual currency market and work to create new added value,” the President said. His remarks come amid concerns that the nation may … Read more