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Tag: South Korea

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 New 5-Minute Rule Could Change Crypto Trading in South Korea
South Korea introduces a 5-minute crypto reconciliation rule to improve exchange safety, prevent errors, and strengthen controls after the Bithumb incident.
South Korea has introduced strict new rules for cryptocurrency exchanges to improve safety and prevent errors. The authorities are… Read full article
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South Korea Cracks Down on Crypto Exchanges After Bithumb’s Billion-Dollar Mistake
Key Takeaways

All crypto exchanges must reconcile assets every 5 minutes by end of May 2026.
Bithumb accidentally sent billions in Bitcoin to 249 users during a promotional campaign.
Corporations gain crypto market access after an 8-year ban.
South Korea’s… Read full article
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South Korea orders real-time checks at crypto exchanges after Bithumb’s $40b error
SEC chair Paul Atkins said a crypto safe harbor proposal is now under White House review as regulators define how digital assets are treated. Read full article
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South Korea orders crypto exchanges to verify holdings every 5 minutes
An inspection found slow reconciliation cycles and weak trade-halting systems across major crypto exchanges. Read full article
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South Korea’s Toss Plans Native Crypto as Rules Remain Unclear
South Korea’s Toss plans blockchain network and native crypto, but delays continue due to unclear digital asset regulations and policy decisions.
South Korea’s fintech giant Toss is planning a major move into blockchain. The company is planning to introduce its… Read full article
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South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks
South Korea’s Toss, operated by Viva Republica, is developing a proprietary layer one (L1) blockchain mainnet and native cryptocurrency to integrate across its payment, banking, and securities ecosystem, according to an April 6, 2026, report from the regional blockchain outlet… Read full article
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