Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance

Exchanges South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery[…]

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Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks

Regulation Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges.[…]

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As Korean Crypto Exchanges Step Up AML Compliance, Banks Are Failing

Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are[…]

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South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges

Regulation The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial[…]

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Investigation of South Korea’s Largest Crypto Exchange Upbit Continues

Exchanges Since the South Korean prosecution started investigating Upbit, the country’s largest cryptocurrency exchange, more events have unfolded. While local[…]

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Korean Regulators Widen Investigation of Cryptocurrency Exchanges

Regulation South Korea’s government is widening its probe on cryptocurrency exchanges, particularly the use of corporate accounts which the regulators[…]

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South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud

Exchanges The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors[…]

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