Republic of Korea: Personal Information Protection Commission fined Bithumb Korea KRW 210 million over cross-border data transfer violations
Description
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…
Scope
Policy Area
Data governance
Policy Instrument
Cross-border data transfer regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
data protection authority