The Bank of Korea said in a Monday report that the local cryptocurrency market needs a circuit breaker similar to those used …
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Bithumb
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South Korean cryptocurrency exchange Bithumb said its IPO plans are now expected to take place sometime in 2028, the latest delay in …
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CryptoGovernance & Policy
Lawmakers set to crack down on crypto after Bithumb’s $40bn Bitcoin blunder
by Editorby EditorBithumb’s erroneous $40 billion Bitcoin giveaway will become a watershed moment for South Korea’s crypto exchanges, say experts. The industry is bracing …
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CryptoGlobal DevelopmentsGovernance & Policy
$40B Crypto Blunder Shakes Seoul: South Korea Slams the Brakes With Brutal New Crypto Laws
by Editorby EditorSouth Korea is moving swiftly to strengthen its cryptocurrency regulatory framework following a dramatic operational error at one of the country’s largest …
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Crypto
South Korean Crypto Firm Accidentally Sends $44 Billion in Bitcoin to Users
by Editorby EditorKey Points Bithumb says it has recovered almost all of the bitcoins it gave away. The exchange had planned to distribute small …