South Korean Shipwreck Probed for Potential ICO Scam
A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported…
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
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A possible ICO scam is under investigation in South Korea after a much-publicized shipwreck attracted the suspicions of local authorities. Sunken Treasures As reported…
Emerging cryptocurrency regulations are putting greater scrutiny on exchanges and companies worldwide. Starting August 1, 2018, Korean cryptocurrency exchange Bithumb will no longer issue…
Days after marking its first-year anniversary, leading exchange Binance is reportedly poised to enter South Korea. Seeing more than $600 million worth of cryptocurrency…
South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising…
With the impending legalization of cryptocurrency exchanges and businesses, South Korea continues to make way for blockchain development. A leader in the industry, South…
In 2018, within a span of two months, the largest crypto exchanges in Japan and South Korea were hacked. A New York-based cyber security…

Bithumb, the largest crypto exchange in South Korea by trading volume and user base, is expanding to Japan, the biggest market for cryptocurrency investors.

South Korea has always played a crucial role in crypto development and proliferation.
The investigation, executed by the KBA, is aimed at creating transparency standards as well as eliminate money laundering and insider trading.

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