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South Korea
Report: Korean Political Parties to Propose New Crypto Laws
Lawmakers in South Korea are said to be racing to make laws to regulate the sector.

Korea's Oldest Mileage Program May Convert Cash Points to Crypto
The company behind OK Cashbag, the oldest mileage point program in South Korea, is mulling a plan to convert cash points into cryptocurrency.

Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying
Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.

Exchange Leak Puts $620K-Worth of Customer Crypto at Risk
A new exchange from South Korea leaked critical information about 19 of its users, a mistake that could have cost them $620,000 in cryptocurrency.

Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund
A South Korean government agency has announced a plan to boost blockchain adoption in the country.

Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds
South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.

Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'
South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.

Korean Banks Can Use Blockchain to Verify Customer IDs from July
A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.

Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
