South Korea’s largest cryptocurrency exchange Upbit has listed Bittensor’s native token TAO on its spot market, adding trading pairs against the Korean won, Bitcoin and USDT. The listing immediately drew strong market interest, triggering a notable price increase and heightened trading activity as domestic investors gained direct access to the decentralized AI focused asset. Bittensor […]
South Korea’s financial regulator has called for tougher cryptocurrency regulations following an unprecedented operational failure at a major domestic exchange that briefly sent shockwaves through local crypto markets. The incident, involving the accidental distribution of more than $40 billion worth of bitcoin by Bithumb, has renewed concerns about systemic risks, internal controls, and the readiness […]
South Korea is moving closer to a formal framework for stablecoins as lawmakers advance a new crypto bill aimed at strengthening oversight while reducing systemic risk. The proposed legislation, known as the Digital Asset Basic Act, seeks to establish minimum standards for virtual asset businesses operating in the country, with a particular focus on stablecoin […]
More than 160 trillion won, equivalent to about $110 billion, moved from domestic cryptocurrency exchanges to overseas platforms in 2025, highlighting growing friction between investor demand and South Korea’s regulatory structure. Data compiled by market researchers shows that capital steadily migrated abroad as local platforms remained restricted to basic spot trading while global competitors expanded […]
