Korea

North Korea has pushed back against allegations of state-backed cybercrime, dismissing the claims as “absurd slander.”  The statement lands as blockchain investigators tie a growing share of major decentralized finance (DeFi) exploits to DPRK-backed actors. North Korea Pushes Back on Cyber Threat Narrative A Foreign Ministry spokesperson told the state-run Korean Central News Agency that

South Korea proposes $17.3 billion extra budget to mitigate Middle East shock

South Korean regulators have taken strong action against one of the country’s largest cryptocurrency exchanges after uncovering millions of compliance failures tied to anti-money laundering rules. Authorities have fined Bithumb 36.8 billion won (about $24.6 million) and imposed a six-month partial suspension following an investigation that revealed widespread violations of financial monitoring requirements...

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South Korea is preparing to open the crypto market to corporate investors, but stablecoins like USDT and USDC may be left out of the rulebook, according to a new report from Herald Economy. The country’s financial watchdog says including stablecoins would conflict with existing foreign exchange laws that do not recognize them as official payment

South Korea’s government has launched a high-level review of how seized digital assets are managed after two major mishaps exposed serious weaknesses. In 2022, police in Seoul’s Gangnam District lost track of 22 bitcoins, and crypto exchange Bithumb accidentally credited a user with $40 billion in bitcoin due to a technical error. Deputy Prime Minister

South Korea allows companies and investors to allocate up to 5% equity to top cryptocurrencies. Split trades and price limits aim to manage volatility and liquidity risks effectively. The policy diverges from Hong Kong and Japan, which are tightening corporate crypto oversight. Nearly US$110B (AU$166.1B) in crypto assets left South Korea in 2025 amid restricted

South Korea to Lift Corporate Crypto Ban, Sets 5% Investment Cap for Listed Firms Author Sujha Sundararajan Author Sujha Sundararajan Part of the Team Since Jun 2023 About Author Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism. Last updated:  January 12, 2026 South Korea