Major South Korean cryptocurrency exchange Bithumb has significantly reduced the maximum loan amounts and leverage ratios offered on its platform, responding sharply to intensifying regulatory concerns surrounding high-risk lending products. Effective immediately, the exchange has cut the maximum leverage available… Read More »Bithumb Slashes Crypto Lending Limits and Leverage Amid Regulatory Pressure
South Korean custody provider BDACS has introduced institutional-grade custody services for the digital asset XRP, specifically tailored for institutional investors operating within the country. The service enables secure storage of XRP holdings and facilitates direct integration with leading domestic cryptocurrency… Read More »BDACS Launches Institution-Focused XRP Custody in South Korea
South Korea’s Bitmax has increased its Bitcoin reserves to 400.25 BTC, reinforcing a strategic commitment to cryptocurrency despite regulatory headwinds in the Asian market. This accumulation demonstrates corporate interest in digital assets amid the nation’s complex financial landscape. South Korea… Read More »Bitmax Expands Bitcoin Holdings to 400.25 BTC, Signaling Corporate Crypto Adoption Trend in South Korea
The South Korean Ministry of Small and Medium Venture Enterprises has announced plans to amend the Special Law for Venture Enterprise Promotion. The proposed amendment aims to reverse a 2018 exclusion and designate eligible Bitcoin trading firms as certified venture… Read More »South Korea Proposes Including Bitcoin Trading Firms in Venture Company Designation