South Korea | ForkLog

ForkLog 99 10.02.2026

South Korea Launches Investigation into Bithumb Following Bitcoin ‘Giveaway’

South Korea's regulator has escalated its routine inspection of Bithumb to a full-scale investigation following an incident involving the erroneous crediting of 620,000 BTC to users.

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ForkLog 211 23.01.2026

Hackers Steal $48 Million in Confiscated Bitcoin from South Korean Prosecutors

Prosecutors in South Korea's Gwangju district have launched an investigation into the disappearance of Bitcoin valued at 70 billion won ($47.7 million).

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South Korea Lifts Ban on Corporate Cryptocurrency Investments

ForkLog 215 12.01.2026

South Korea Lifts Ban on Corporate Crypto Investments

South Korea's Financial Services Commission (FSC) has lifted the ban on corporate investments in cryptocurrencies, according to local media.

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ForkLog 148 02.12.2025

Sony Bank Plans to Launch Dollar-Pegged Stablecoin in the US by 2026

Sony Bank, a subsidiary of Sony Financial Group, intends to issue a US dollar-pegged stablecoin in 2026, according to Nikkei, citing its own sources.

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ForkLog 199 27.11.2025

Hackers Steal $37 Million from South Korean Exchange Upbit

On November 27, South Korea's largest bitcoin exchange, Upbit, suspended withdrawals following an attack in which hackers stole assets worth $36.8 million.

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ForkLog 167 30.10.2025

First Korean Won-Pegged Stablecoin Launched on Base Network

IQ and Frax have launched the "stablecoin" KRWQ, pegged to the South Korean won. This asset marks the first such token in the L2 solution Base.

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ForkLog 125 28.10.2025

South Korea’s Central Bank Warns of Stablecoin Deppegging Risks

The Bank of Korea has released a report expressing concerns over the risks of stablecoins losing their peg, particularly those denominated in won.

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ForkLog 244 22.09.2025

China and South Korea Impose New Restrictions on the Crypto Market

China's Banking Regulatory Commission has unofficially instructed several local brokers to halt RWA business in Hong Kong.

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ForkLog 238 05.09.2025

South Korea Implements New Rules for Crypto Loans

On September 5, South Korea's Financial Services Commission released guidelines for lending services on centralised cryptocurrency exchanges.

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ForkLog 338 24.08.2025

South Korean Accused of Laundering $50 Million by Converting Bitcoin to Gold

Authorities in Thailand have arrested a South Korean national accused of laundering 1.6 billion baht (~$50 million) for a call centre gang. He allegedly exchanged cryptocurrency for gold bars.

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ForkLog 91 19.08.2025

South Korean Exchanges Ordered to Halt Crypto Lending

South Korea's Financial Services Commission ordered local digital asset exchanges to temporarily suspend crypto lending operations.

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ForkLog 190 18.08.2025

South Korea and Japan Enter the Stablecoin Race

Regulators in South Korea and Japan are actively creating conditions for the “stablecoin” market. According to local media, the former is preparing a new bill, while the latter is close to approving its first yen-pegged token. These moves are likely a response to actions by the United States. In July, President Donald Trump signed the […]

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