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Bithumb Sees Dramatic Turnaround with $89 Million Operating Profit in 2024 Amid Growing Crypto Adoption in South Korea
South Korea’s second-largest cryptocurrency exchange, Bithumb, has turned around impressively during 2024, and it now finds itself in the black, with operating profits of $89 million and a reported net profit of $110 million. дальше »
2025-3-31 20:18 | |
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Bithumb’s net profit explodes 565% with revenue nearly tripling in 2024: report
After a turbulent 2023, Bithumb posted a 565% increase in net profit in 2024, aided by market recovery and improved investor sentiment. South Korean cryptocurrency exchange Bithumb successfully returned to profitability last year, with revenue increasing by 265.4% year-over-year, News1… дальше »
2025-3-31 13:54 | |
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South Korea sees crypto investors top 16 million: report
According to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party, South Korea’s cryptocurrency investors reached 16. 29 million as of February. This figure represents nearly 32% of the country’s population. дальше »
2025-3-31 19:00 | |
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South Carolina’s Bitcoin Reserve Bill Plans to Invest 10% of State Funds
South Carolina's Bitcoin Reserve bill allows for investment in digital assets like Bitcoin, but its 10% funding clause could cause pushback from fiscal conservatives. The post South Carolina’s Bitcoin Reserve Bill Plans to Invest 10% of State Funds appeared first on BeInCrypto. дальше »
2025-3-29 21:06 | |
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South Korea’s Upbit Issues Warning Against HIFI: Token Tanks 10%
Coinspeaker South Korea’s Upbit Issues Warning Against HIFI: Token Tanks 10% HIFI’s value dropped 11% after Upbit suspended deposits, following the token's addition to DAXA's watchlist due to transparency issues. дальше »
2025-3-29 13:08 | |
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South Carolina proposes new bill authorizing up to 1 million Bitcoin investment
South Carolina's Bitcoin investment bill could diversify state funds, hedge against inflation, and influence broader digital asset adoption. The post South Carolina proposes new bill authorizing up to 1 million Bitcoin investment appeared first on Crypto Briefing. дальше »
2025-3-29 11:03 | |
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Crypto exchange Upbit operator Dunamu posts 85% surge in operating profit
Dunamu, the operator of crypto exchange Upbit, posted an 85.1% increase in operating profit for 2024, fueled by Bitcoin’s halving and pro-crypto policies in the U.S. Dunamu, the company behind South Korean crypto exchange Upbit, had a strong 2024, with… дальше »
2025-3-28 09:39 | |
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Coinbase cleared in South Carolina as state drops staking lawsuit
South Carolina has dropped a lawsuit against cryptocurrency exchange Coinbase, which accused it of offering unregistered securities. The South Carolina Attorney General’s securities division dismissed the case in a joint agreement with Coinbase, marking another win for the exchange after… дальше »
2025-3-28 09:38 | |
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South Carolina bill proposes Bitcoin reserve with 1M BTC cap
A new bill introduced in South Carolina proposes the creation of a state-run Bitcoin reserve with a cap of 1 million BTC. Filed on Mar. 27, South Carolina’s Strategic Digital Assets Reserve Act seeks to give the state treasurer the… дальше »
2025-3-28 09:00 | |
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South Korea court temporarily lifts 3-month Upbit ban
South Korean court has temporarily lifted a 3-month ban on top crypto exchange Upbit. Regulators imposed the ban in February. South Korea’s cryptocurrency exchange Upbit has received reprieve from the courts, with a three-month ban on the crypto exchange now lifted albeit temporarily. дальше »
2025-3-28 17:06 | |
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Several hundred South Korean officials hold crypto assets worth a total of 14.4b Korean won
Out of the 2,047 South Korean public officials who submitted asset declaration, 20% reported to owning crypto assets. Seoul City Councilor Kim Hye-young held the largest amount with 1. 7 billion KRW. дальше »
2025-3-27 10:33 | |
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South Korea Forces Google to Block 17 Foreign Crypto Exchanges
South Korea’s crackdown on unregistered foreign exchanges like KuCoin and MEXC strengthens local platform Upbit’s dominance while pushing for stricter regulatory control and investor protection. The post South Korea Forces Google to Block 17 Foreign Crypto Exchanges appeared first on BeInCrypto. дальше »
2025-3-26 16:21 | |
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Korean regulator bans Poloniex, KuCoin, MEXC in Google Play
Korean regulators have banned the Poloniex, KuCoin, and MEXC, as well as other 14 apps of crypto exhcanges from Google Play due to their unregistered operations in the country. South Korean authorities have restricted access to multiple foreign cryptocurrency exchange… дальше »
2025-3-26 12:05 | |
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Hashed pushes for regulatory framework to support KRW stablecoin growth
Stablecoins should be treated as both payment tools and investment assets, requiring a comprehensive regulatory framework, a new research suggests. A stablecoin tied to the Korean won could give South Korea a stronger footing in the global stablecoin race, according… дальше »
2025-3-24 10:15 | |
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Crypto M&A heats up, Ripple legal woes end, Gemini taps new CFO | Weekly Recap
Today’s edition of the weekly recap covers Coinbase’s potential major acquisition in the derivatives space, the SEC’s decision to end the Ripple battle, and South Korea’s planned actions against unregistered exchanges. дальше »
2025-3-23 14:32 | |
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Across Protocol (ACX) soars 40% on Bithumb listing: Is Bitcoin Pepe set for more gains?
Across Protocol (ACX) price has surged over 40%, driven by positive news related to South Korea crypto exchange Bithumb. Meanwhile, Bitcoin Pepe (BPEP) is gaining traction as it nears $5. 7 million in presale funds raised so far. дальше »
2025-3-23 13:59 | |
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South Korea Intensifies Crypto Crackdown: KuCoin and Others Face Scrutiny
Key Takeaways: Things are not going too well for unregistered crypto exchanges operating in South Korea. Major exchanges such as KuCoin and BitMEX are among those facing possible sanctions. The The post South Korea Intensifies Crypto Crackdown: KuCoin and Others Face Scrutiny appeared first on CryptoNinjas. дальше »
2025-3-24 13:40 | |
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South Korea to Sanction Multiple Crypto Exchanges for Operating Illegally
Coinspeaker South Korea to Sanction Multiple Crypto Exchanges for Operating Illegally South Korean financial authorities will reportedly start sanctions against a list of overseas crypto exchanges for operating without proper licensing. дальше »
2025-3-24 12:28 | |
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Bithumb Offices Raided Amid Ex-CEO’s $2 Million Scandal
Crypto exchange Bithumb is under investigation as South Korean police have raided the company’s headquarters. This action is in response to claims of embezzlement directed against Kim Dae-sik, the former chief executive officer. дальше »
2025-3-21 07:30 | |
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South Korean authorities raid Bithumb in corporate fund misuse inquiry
South Korean prosecutors raided the headquarters of crypto exchange Bithumb on March 19 as part of an investigation into whether the company’s former CEO misused corporate funds to purchase an apartment, according to local media reports. дальше »
2025-3-21 03:00 | |
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Upbit rejects listing fee allegations, demands proof from Wu Blockchain
South Korean cryptocurrency exchange Upbit has denied allegations that it charges brokerage fees for token listings, calling on Wu Blockchain to provide proof. The exchange emphasized that all trading support decisions undergo a strict internal review process without financial compensation.… дальше »
2025-3-21 20:28 | |
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LG shuts down Art Lab NFT marketplace three years after launch
LG is winding down its Art Lab, allowing collectors to withdraw NFTs before its closure in June. South Korean multinational electronics tycoon LG is winding down its LG Art Lab platform, a marketplace for non-fungible tokens launched to bring digital… дальше »
2025-3-21 18:43 | |
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Bithumb raided by South Korean prosecutors over embezzlement suspicion
Bithumb raided over ex-CEO’s $2M embezzlement for apartment. Listing fee rumours add scrutiny as Bithumb eyes IPO in 2025. The probe threatens Bithumb’s reputation and public market debut. дальше »
2025-3-20 15:30 | |
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Korean prosecutors raid Bithumb over alleged funds misuse in ex-CEO’s property deal: report
Bithumb is reportedly under investigation by Korean prosecutors for allegedly using company money to support the former CEO’s apartment purchase. South Korean prosecutors have reportedly raided the headquarters of cryptocurrency exchange Bithumb over allegations that the company’s funds were used… дальше »
2025-3-20 14:05 | |
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Why did South Korea reject a Bitcoin reserve? How do other countries explain the reluctance to adopt the BTC reserve?
On Mar. 17, 2025, the Bank of Korea made the first comment about the possibility of adding Bitcoin to its reserves. According to the statement, the central bank of the Republic of Korea is not interested in acquiring Bitcoin, and… дальше »
2025-3-19 13:35 | |
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Bubblemaps’s BMT rallies over 125% ahead of Bithumb listing today
BMT rallied for the second consecutive day as it is set to be listed on the South Korean exchange Bithumb today, following its recent listing on Binance Futures. Bubblemaps (BMT) rose to an all-time high of $0.22 on Mar. 18… дальше »
2025-3-18 10:16 | |
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Bitcoin Reserve? South Korea joins Japan, Switzerland in...
The Bank of Korea rejects Bitcoin reserves, citing high volatility and transaction cost concerns. Global sentiment on Bitcoin reserves remains divided, with major economies exercising caution. дальше »
2025-3-18 23:00 | |
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Bank of Korea: Bitcoin doesn’t meet foreign reserve standards
South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to… дальше »
2025-3-17 08:54 | |
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South Korea ‘Speeding Up’ Crypto Efforts: FSC To Issue Institutional Investment Guidelines By Q3
South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the digital asset industry. дальше »
2025-3-13 01:30 | |
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Korea Blockchain Week 2025 Announces Return as Asia’s Premier Web3 Event in September
According to an official announcement today, Korea Blockchain Week (KBW), an annual Web3 festival held in Seoul, South Korea, will return for its 8th conference in September 2025. Renowned as Asia’s leading web3 event, the conference aims to unite industry leaders, entrepreneurs, and institutional investors to explore key topics in Web3, gaming, AI, and real-world […] дальше »
2025-3-13 21:44 | |
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South Korea sets timeline to finalize path for institutional crypto deals
South Korea’s financial watchdog has committed to issuing clear rules for institutional crypto investment, with a phased rollout starting in April. South Korea‘s Financial Services Commission is moving forward with plans to allow institutional investors into the crypto market, with… дальше »
2025-3-13 13:20 | |
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ARKM crypto rallies 55% following Upbit listing but fails to hold onto gains
ARKM rallied as high as 55% after securing a listing on the South Korean crypto exchange Upbit but lost most of its gains within hours. In a March 11 X post, Upbit Korea announced that it had added the altcoin… дальше »
2025-3-12 10:05 | |
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Bank of Korea to begin CBDC test for 100,000 consumers: report
South Korea’s central bank is reportedly set to launch a real transaction test for its central bank digital currency this month, involving 100,000 consumers and seven banks. South Korea is set to begin real-world testing of its CBDC in March,… дальше »
2025-3-11 11:01 | |
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ELX crypto surges over 60% ahead of Bithumb listing, what is ELX?
ELX crypto surged by as high as 68% in the past 24 hours of trading ahead of a listing on South Korean crypto exchange Bithumb. According to data from CoinGecko, Elixir’s (ELX) rallied to an all-time high of $0.726 on… дальше »
2025-3-11 10:21 | |
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South Korean presidential candidate Han pushes for Bitcoin ETF & crypto deregulation
South Korean presidential candidate Han Dong-hoon advocated crypto deregulation and Bitcoin ETF approvals. Asia strengthens crypto adoption, with Hong Kong expanding regulations and JapThe post South Korean presidential candidate Han pushes for Bitcoin ETF & crypto deregulation appeared first on AMBCrypto. дальше »
2025-3-11 05:00 | |
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Senate Banking Chair moves to end debanking of crypto, ‘risky’ industries
Senate Banking Committee Chair Tim Scott has introduced a bill aimed at preventing federal regulators from using reputational risk as a factor in bank supervision. The move comes in response to concerns from the crypto industry, which has accused government agencies of cutting them off from the financial system. дальше »
2025-3-7 22:19 | |
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New GOP bill targets crypto ‘debanking’ by limiting regulator oversight
Senator Tim Scott of South Carolina, the leading Republican on the Senate Banking Committee, has introduced the Financial Integrity and Regulation Management Act. This legislation aims to prohibit financial regulators from considering reputational risks when supervising banks, a practice critics… дальше »
2025-3-7 21:53 | |
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South Korea may approve Bitcoin ETFs if Japan moves first! - Here's why
South Korea may follow Japan’s lead on Bitcoin ETFs. Asia’s BTC ETF race is expected to heat up as Japan’s eyes legislation in the second half of 2025. South Korea may jump on the The post South Korea may approve Bitcoin ETFs if Japan moves first! - Here's why appeared first on AMBCrypto. дальше »
2025-3-6 22:00 | |
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South Korean FIU unveils more AML restrictions in light of crypto crimes
South Korea’s Financial Intelligence Unit wants to strengthen anti-money laundering measures, specifically by enhancing ways to monitor crypto transactions. On March 5, the FIU revealed a number of strategies to prevent money laundering at the AML Inspection Trustee Council, according… дальше »
2025-3-5 13:11 | |
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South Korea launches official crypto crime prosecution unit
The Seoul Southern District Prosecutors’ Office has launched a formal joint investigation unit that exclusively tackles crypto-related crimes and fraud cases. According to a report by Aju News, the department is named the Seoul Southern District Prosecutors’ Office-run Joint Investigation… дальше »
2025-2-28 12:15 | |
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XRP NEWS – Ripple Expands in South Korea with BDACS Partnership for XRP, RLUSD Custody
Ripple has announced a strategic partnership with BDACS, a South Korean digital asset custody provider, to offer institutional-grade custody solutions for XRP, RLUSD, and other cryptocurrencies. дальше »
2025-3-1 12:00 | |
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1 Volatile Bear Market – 2 Survivors: Analysts Breakdown Why Rollblock and Mantra Price Remain Bullish
When the crypto market becomes really bearish, things go south. Projects built on vaporware collapse. Communities scatter, prices bleed. Yet in every cycle, a handful of tokens defy gravity usually not by luck, but mostly by design. дальше »
2025-2-28 10:00 | |
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