The Financial Supervisory Service (FSS) of South Korea maintains its ban on Bitcoin spot and futures ETFs, enforcing strict regulations against cryptocurrency-related investment products. This persistent stance raises concerns about the country’s pot

Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales h

South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked to digital assets. Local media reported on Nov. 20 the Financial Supervisory Service (

South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South Africa

A massive $232 million cryptocurrency scam in South Korea led to 215 arrests, including a YouTuber who fled the country.

The South Korean government has uncovered significant Know-Your-Customer (KYC) violations on Upbit, the country’s largest cryptocurrency exchange. On Nov. 14, local media reports indicated that the Financial Intelligence Unit (FIU) of the Financial S

Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000 cases of improper customer verification. The violations have

South Korea’s Financial Intelligence Unit (FIU), part of the Financial Services Commission (FSC), uncovered a staggering 500,000 to 600,000 suspected violations of Know Your Customer (KYC) requirements at Upbit, the country’s largest cryptocurrency e

Major South Korean bank, NongHyup Bank, is working on a crypto prototype to tokenize its VAT and other tax refund processes.

The fall of the Dogecoin price below $0.40 triggered a surge in its trading volume and leading South Korean exchanges are profiting from it. Dogecoin (DOGE) declined by 5% in the past 24 hours and is trading at $0.385 on…

South Korean crypto exchange Korbit has partnered with Coinbase to bring Base Chain onto the platform. Now, users can perform Base Chain deposits and withdrawals directly on Korbit. According to a Business Korea report published on Nov. 8, Korbit has

Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After Octo

Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset investors were active, reflecting a 21% increase from 2023. Daily transaction volumes have als

The number of crypto-trading South Korean youths defaulting on loans from neobanks is “skyrocketing,” media outlets reported on October 20.

Crypto firms preemptively suing the SEC are aiming at sympathetic courts.

In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP). Related Reading: Blockchai

A new South Korean regulatory body is set to launch this month, with a ruling on Bitcoin ETF approval reportedly high on its agenda.

Over 5.8 million crypto holders in South Africa are under scrutiny.

The South African Revenue Service (SARS) has announced plans to include crypto assets in its tax compliance programs. SARS is seeking information on crypto users and is increasing its efforts to identify and audit non-compliant taxpayers. The revenue

Couples in South Korea can now opt to cash out or split their crypto during divorce proceedings