The Financial Services Commission, or FSC, of South Korea is reportedly planning to allow listed companies and professional investors to invest in cryptos. This could be done by lifting a years-long ban, with guidelines expected to be rolled out by the next month, that is, February 2026. Cryptos, or cryptocurrencies,
South Korea’s Korean Customs Service has broken up the largest crypto money laundering operation involving nearly $101.7 million (150 billion Won). As per the reports from Yonhap, three Chinese nationals were arrested, and this illegal activity ran from September 2021 to June 2025. It involved the illegal cross-border movement of
Google is rolling out stricter crypto app requirements in South Korea, a change that could sharply limit access to offshore exchanges by linking app availability to local regulatory approval. The update raises compliance pressure on foreign platforms that serve Korean users without completing the country’s formal registration process. According to
South Korea is set to relax its ban on investing in crypto by corporations and will therefore bring about a significant change in policy that will help open up the market for digital assets to new institutions. The Financial Services Commission has been seen to have updated the guidelines to
South Korean Supreme Court makes historic ruling on Bitcoin seizure, ruling that Bitcoins in accounts on Korean cryptocurrency exchanges are subject to seizure under the Criminal Procedure Act, finally putting an end to questions about the treatment of cryptocurrency in criminal prosecutions after many years of legal limbo. The decision,
Momentum for Bitcoin exchange-traded funds continues to build in South Korea, even as regulatory approval remains out of reach. The country’s main securities and derivatives operator, the Korea Exchange, has signaled that it stands ready to support crypto-linked investment products once regulators give the green light. Speaking at the first
Bithumb, a South Korean cryptocurrency exchange, has planned to roll out its third annual dormant asset recovery campaign, stating that unclaimed cryptocurrency holdings on the platform have slipped to 291.6 billion won. It showed around a 34% fall from 2024’s 443.5 billion won. The fall is majorly due to the
The South Korean Crypto Exchange, Korbit, has been imposed with a fine of 1.88 million dollars, which is about 2.73 billion won, and has received an institutional warning by South Korea’s Financial Intelligence Unit (FIU). This strong decision comes after the comprehensive review that happened in late 2024, which found
South Korea has delayed its Digital Asset Basic Law till 2026, as regulators are still divided over stablecoin oversight authority, as revealed by legislative sources. The policymakers have halted the crypto legislation as the Financial Services Commission and the Bank of Korea carry on clashing over control of stablecoin reserves
A major hurdle has been thrown in South Korea’s quest to give its digital assets regulatory oversight, as ministers are yet to agree on how to deal with stablecoins, delaying the proposed crypto legislation into next year. According to Yonhap News Agency, there have been hold-ups in the progress of
