South Korea’s opposition People Power Party has moved to delay the country’s 22% cryptocurrency investment tax by three years to Jan. 1, 2030, days after the government kept the levy on track to start in 2027. According to South Korean…
South Korea's ambitious chip cluster plan could reshape global semiconductor dynamics, intensifying competition and impacting military logistics.
CryptoBriefing•Editorial Team10 Aug
A single cross-border laundering method has quietly become the backbone of South Korea’s crypto crime wave, accounting for $6.4 billion of the $7.1 billion in illegal crypto transactions recorded in the country since 2021. And despite knowing exactly how it works, police are struggling to stop it. The technique is called Hwanchigi. It exploits cryptocurrency
BeInCrypto•Darryn Pollock10 Aug
AirAsia MOVE (MOVE) and the Korea Tourism Organization (KTO) have entered a strategic partnership to encourage international travellers to experience more of South Korea by extending their journeys beyond Seoul, promoting the country’s vibrant domestic tourism network through destination-led campaigns, curated travel experiences and exclusive offers. The partnership is built on the shared commitment of MOVE and the Korea Tourism Organization (KTO) to encourage travellers to explore more of South Korea beyond its main gateway cities. By connecting international visitors with South Korea’s diverse domestic destinations, the collaboration aims to make regional experiences more accessible while showcasing the country’s unique landscapes, cultures and local communities.
South Korea’s financial regulators wanted to calm a volatile stock market as they cracked down on leveraged ETFs. However, they have made it more chaotic instead. Crackdowns on leveraged ETFs tied to Samsung Electronics and SK Hynix, which required retail investors to post higher cash deposits, did not cool speculation. Retail money rotated en masse
BeInCrypto•Darryn Pollock10 Aug
South Korea's semiconductor boom boosts economic growth, but risks like inflation and geopolitical tensions could temper long-term stability.
CryptoBriefing•Editorial Team10 Aug
Asian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run. The calm has one clear expiry date: Wednesday’s inflation report. Japan’s Nikkei and South Korea’s KOSPI added marginally as the new week began. The MSCI Asia-Pacific index outside Japan
BeInCrypto•Darryn Pollock10 Aug
The regulatory changes may stabilize the market but could dampen retail investor enthusiasm, impacting long-term market dynamics in South Korea.
CryptoBriefing•Editorial Team9 Aug
SK Hynix's strategic shift may bolster South Korea's semiconductor industry but could strain finances amid geopolitical tensions.
CryptoBriefing•Editorial Team7 Aug
Dunamu has secured a one-year contract to take custody of digital assets seized by South Korea’s National Police Agency after winning the agency’s public tender process. According to a statement released by Dunamu on Aug. 7, the Upbit operator was…
South Korea’s leading crypto exchange, Upbit, announced the delisting of the Bonk (BONK) meme coin today. The news pulled the Solana (SOL)-based token to its lowest price since November 2023. BONK slipped to an intraday low of $0.00000255. It traded at $0.00000264 at press time, down nearly 7%. Follow us on X to get the
BeInCrypto•Kamina Bashir7 Aug
The AI chip boom in South Korea is reshaping career aspirations and investment trends, potentially diminishing the allure of cryptocurrency markets.
CryptoBriefing•Editorial Team6 Aug
South Korea’s Bitcoin community emerged almost untouched from the Coldcard hardware wallet exploit, despite counting many device owners among its most experienced holders. An analyst attributes that resilience to cultural habits rather than technical luck, and the lessons apply well beyond Korea. The Practices That Kept Korean Holders Safe Entropy refers to the randomness used
BeInCrypto•Luis Blanco6 AugSouth Korea seeks crypto market infrastructure framework by the end of the year.
AMBCrypto•Benjamin Njiri5 Aug
South Korea’s KOSPI crashed more than 33% in July, its worst monthly drop on record, then reversed it with an 18% single-day surge on the last day of the month. A Historic Crash, Triggered by a Chip Shock The KOSPI’s July decline surpassed the single-month drops recorded during the 1997 Asian Financial Crisis and the […]
Bitcoin.com News•Shiraz Jagati5 Aug
South Korea has finalized its 2026 tax reform package while keeping the planned 22% tax on cryptocurrency investment gains set to begin on Jan. 1, 2027. South Korea’s Ministry of Economy and Finance confirmed on Aug. 3 that it had…
Upbit adds HOME in KRW and USDT markets, while Bithumb opens won trading for META2 and Paxos stablecoin USDG on Aug. 4.
The regulatory crackdown on leveraged ETFs in South Korea highlights the potential for swift intervention in financial markets to mitigate retail investor risks.
CryptoBriefing•Editorial Team4 Aug
XRP price is down about 2% on the day, yet it just bounced roughly 4% off its August low as South Korea keeps stacking bids under the market. The bounce is not a confirmed reversal. XRP price still trades inside a falling channel that has capped every rally since May 14, 2026. South Korea, however,
BeInCrypto•Ananda Banerjee3 Aug
Bithumb's IPO timeline targets a 2028 public listing, following 2026 internal control upgrades and a 2027 preliminary review.
BeInCrypto•Phil Haunhorst3 Aug