Republic of Korea: Personal Information Protection Commission's investigation into Bithumb over alleged cross-border data transfer violations

Progress

Current status
in force
24 Jun 2026 in force

Scope

Implementers
Republic of Korea
Policy Area
Data governance
Policy Instrument
Cross-border data transfer regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
data protection authority
Implementation Level
national

Timeline of events

24 Jun 2026
in force

Personal Information Protection Commission fined Bithumb Korea KRW 210 million over cross-border data transfer violations

On 24 June 2026, the Personal Information Protection Commission (PIPC) imposed a fine of KRW 210 million on the cryptocurrency exchange Bithumb and issued a corrective order in relation to non-compliance with cross-border personal data transfer prov…

Event type investigation
Action type ruling
Government branch executive
Government body data protection authority