South Korea is poised to significantly relax its restrictions on institutional crypto trading. The Financial Services Commission (FSC) plans to gradually grant institutions, starting with non-profit organizations, access to local crypto exchanges.
Read MoreThe United States and South Korea have formalized a partnership to enhance cybersecurity and combat the growing threat of North Korean-backed crypto heists.
Read MoreThe South Korean cryptocurrency sector has suffered a significant setback following the declaration of martial law in early December.
Read MoreSouth Korea's cryptocurrency market experienced a significant downturn following President Yoon Suk Yeol's declaration of martial law on December 3rd.
Read MoreSouth Korea's cryptocurrency market has experienced a significant surge in trading volume, surpassing even the nation's stock market by a margin of 22%.
Read MoreSouth Korean lawmakers have reached an agreement to delay the implementation of crypto taxes until January 2027. This marks the third postponement of the tax, which was initially scheduled for January 2021.
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