FTX in talks to buy South Korea-based Bithumb
The two companies have reportedly been in talks for months, and there are indications of the negotiations being at an advanced stage.
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
South Korea and the United States have agreed to share investigation data about the Terra network crash.
Terraform Labs employees are banned from leaving South Korea as the prosecutors office explores charging Do Kwon with fraud and other crimes.
The exchanges are proposing to create three different committees that will be saddled with compliance monitoring, market monitoring, and transaction support.
The top five Korean exchange err on the side of caution and delist Litecoin for compliance reasons.
South Korean developers might be unwilling to take the new Solana's fund bait considering the network has suffered seven outages in the last 12 months.
South Korea is looking to introduce a "self regulatory" system and has engaged local crypto exchanges on the matter.