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UPBIT Will Delist Ravencoin (RVN) Related Trading Pairs

Upbit announced that it will terminate trading support for Ravencoin (RVN) on October 12, 2026, at 15:00 (Korea Standard Time), involving the RVN/KRW, RVN/BTC, and RVN/USDT trading pairs. Following the termination, all previously submitted buy and sell orders for the relevant trading pairs will be uniformly canceled.

Upbit will list BFC/KRW and BFC/USDT trading pairs

According to the official announcement, Upbit will list the BFC/KRW and USDT trading pairs.

Bithumb will list CP token on its Korean Won market.

According to an official announcement, Bithumb will list the CP token on its KRW market.

Upbit to List CP/KRW, BTC, and USDT Trading Pairs

According to the official announcement, Upbit will list the CP/KRW, BTC/KRW, and USDT/KRW trading pairs.

Bithumb Lists USELESS/KRW Trading Pair

According to Bithumb's official announcement, Bithumb will officially list the Useless (USELESS)/KRW trading pair on September 8, 2026 (today) at 2:00 PM, supporting the Solana network, with a reference price of 309 KRW.

Korea National Tax Service: Must Still Report Held Cryptocurrency Accounts After Overseas Exchanges Go Bankrupt

According to Digital Asset, South Korea’s National Tax Service issued its latest official interpretation on August 28, clarifying that even if an overseas virtual asset exchange has declared bankruptcy, residents holding accounts at such exchanges are still legally required to fulfill their overseas financial account reporting obligations. Previously, an applicant questioned whether reporting was still mandatory after holding an account at an overseas exchange that went bankrupt in November 2022, prompting a clear response from the tax authority. Under Article 53 of the Act on International Tax Adjustment, anyone with an overseas financial account balance exceeding 500 million KRW at the end of any month in a given year must file a report with the tax office in June of the following year. Virtual assets have been included in the reporting scope since 2023.

South Korean police arrest 4 Uzbek nationals for transferring funds to a Syrian terrorist organization and purchasing vehicles

Odaily News – The Gwangju Metropolitan Police Agency in South Korea arrested 4 Uzbek nationals in April under the Prohibition of Funding for Terrorist Acts Act. Among them, the principal suspect has been indicted, detained, and is standing trial, while the other 3 are under investigation without detention; one individual has been placed on an Interpol Red Notice.Police allege that between August 2024 and April 2025, the principal suspect transferred 4,267 USDT in 7 separate transactions to Katibat Tawhid wal Jihad (KTJ), a Syria-based organization. Founded in 2014, KTJ is primarily composed of Central Asian militants and has been designated as a terrorist organization by both the United Nations and the United States.The investigation shows that the principal suspect also received cryptocurrency from KTJ and used it to purchase 11 used cars and 2 excavators, with a total value of 170 million KRW (approximately $121,000), and shipped the vehicles to Syria. The other 3 individuals are suspected of assisting with the procurement and export.Police stated that this case, which involves receiving cryptocurrency from a terrorist organization, purchasing and supplying vehicles, is the first of its kind in South Korea. The investigation also revealed that the principal suspect used 3 personal wallets and deposited vehicle payments into an account under his spouse's name. The case remains under investigation. (Decrypt)

Korean Crypto Market Faces Emerging "Hard-to-Exit" Risk: Nearly 30% of Assets Tradable on Only One of Five Major Exchanges

According to South Korean media outlet Daum, an analysis of the public APIs of South Korea's top five KRW exchanges, Upbit, Bithumb, Coinone, Korbit and GOPAX, as well as CoinGecko, reveals that after eliminating duplicate assets, the five exchanges collectively support approximately 606 crypto assets, of which 164 (27.1%) are listed on only one exchange, and another 324 (53.5%) are traded on two or fewer exchanges.

Bithumb will list KRW trading pairs for FOLD and EURC

According to official announcements, Bithumb will list KRW trading pairs for FOLD and EURC.

Upbit to List EURC/KRW, BTC/USDT Trading Pairs

According to official announcements, Upbit will list EURC/KRW, BTC, and USDT trading pairs.

Bithumb Wins First Instance in First Lawsuit Over Mistakenly Sent BTC

According to South Korean media outlet Digital Asset, the Seoul Central District Court ruled on August 27 that Bithumb won an unjust enrichment restitution lawsuit against a user, ordering them to return the proceeds from the sale of mistakenly sent Bitcoin. The case involves approximately 194 million KRW and is one of four independent lawsuits filed by Bithumb following a February BTC mis-issuance incident this year; the amounts involved in the remaining cases are approximately 500 million KRW, 14.8 million KRW, and 5 million KRW, respectively. Previously, Bithumb had mistakenly distributed 620,000 BTC to users as part of an activity reward program and subsequently launched a recovery initiative. In March, the exchange reported to the National Assembly that nearly 99% of the remaining unrecovered 1,788 BTC had been successfully reclaimed. The first ruling, which affirms the exchange's right to recover proceeds from the sale of mistakenly issued assets, may increase the likelihood of Bithumb prevailing in the other three cases.

Upbit to List LIT/KRW Trading Pair

According to the official announcement, Upbit will list the LIT/KRW trading pair.

Bithumb to List PROM/KRW Trading Pair

According to the official announcement, Bithumb will list the PROM/KRW trading pair.

Upbit Will List Interfold (FOLD) KRW, BTC, and USDT Trading Pairs

According to the Upbit announcement, Upbit will add trading support for Interfold (FOLD), opening KRW, BTC, and USDT markets, and support deposits and withdrawals on the Ethereum network. FOLD deposit and withdrawal services are expected to open within 2 hours after the announcement, with trading expected to begin on August 23 at 12:30.

Upbit will list CRV/KRW and CRV/USDT trading pairs.

According to the official announcement, Upbit will list CRV/KRW and USDT trading pairs.

8.87 trillion KRW, South Korea's H1 venture capital investment hits record high, financial institution contributions up 54.9%

Odaily News: South Korea's venture capital investment reached 8.87 trillion KRW in the first half of this year, setting a new all-time high. Policy financing contributions increased 58.3% year-on-year, while the private sector grew 28.1%, with private funds accounting for over 80% of total venture capital fund commitments. Among them, private financial institutions such as banks contributed 2.61 trillion KRW, up 54.9% year-on-year. The risk weight (RW) for policy-oriented venture capital funds has been reduced from 400% to 100%, thereby lowering the capital burden on financial companies. AI solutions, AI chips, memory chips, and humanoid robots have emerged as new investment destinations, with ICT manufacturing investment surging 143.3% year-on-year and electrical, machinery, and equipment investment rising 90.4%. Companies established within the last three years received 1.83 trillion KRW in investments, up 56.4% year-on-year, while non-capital region investments increased 104.7%. The gaming sector was the only industry to see a decline in investment, with a reduction in large-scale projects and a drop in new business formations cited as the main reasons. The VC industry noted that the KOSDAQ IPO market has not sufficiently absorbed investment exits, and South Korea's Ministry of SMEs and Startups plans to expand support for M&A and secondary share funds. (ETNews Electronics)

Bithumb Will List TRB KRW Trading Pair

According to the official announcement, Bithumb will list the TRB/KRW trading pair.

Upbit will list PROM KRW and USDT trading pairs.

According to the official announcement, Upbit will list PROM KRW and USDT trading pairs.

Upbit 将上线 DOS 韩元、BTC 及 USDT 交易对

According to the official announcement, Upbit will list DOS KRW, BTC, and USDT trading pairs.

Bithumb will list DAPPOS (DOS) KRW trading pair

According to the official announcement, Bithumb will list the DAPPOS (DOS) KRW trading pair.