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Crypto

DAXA flags four unreported overseas crypto exchanges, seeks police investigation

The Digital Asset eXchange Alliance, known as DAXA, said it had identified four overseas digital asset exchanges operating for South Korean users without making the required report under the Act on Reporting and Using Specified Financial Transaction Information. It said it requested a police investigation after confirming signs of targeting domestic users through Korean-language services, won conversion displays and reward programmes. DAXA warned users of weak safeguards and difficult remedies if incidents occur.

Crypto

Upbit launches digital asset screener tailored to KRW market

Upbit is introducing an analysis feature that lets KRW-market investors screen digital assets based on their preferred conditions. Its Digital Asset Screener allows users to compare data on one screen, including prices, trading value, investor sentiment and technical analysis indicators. The tool offers 29 filters spanning basic information such as sector and market capitalisation, price conditions including current price and 52-week highs and lows, and indicators such as the fear-greed index, RSI and Bollinger bands.

Crypto

Ripple expands stablecoin as 15 million more RLUSD minted on Ethereum

Ripple minted an additional 15 million units of its RLUSD stablecoin on the Ethereum blockchain, extending a recent round of supply adjustments between the XRP Ledger and Ethereum. RLUSD issuance and burns have shifted distribution by chain, with Ethereum-based circulation topping $712 million and XRP Ledger-based circulation at about $873 million. In South Korea, major exchanges have started supporting RLUSD trading. Ripple also announced cooperation with payments infrastructure firm Notabene to integrate RLUSD into its Flow platform.