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VASP Compliance Summary — Coinone

Coinone Inc. · Exchange · South Korea

Exported 2026-08-25
Data reviewed 2026-08-03

Overview

Compliance snapshot

Overall regulatory statusRegistered
EU MiCA statusNo EU authorization
  • KoFIU VASP registration with real-name accounts (Kakao Bank)
  • Domestic KRW market only; no overseas authorization
  • Trustpilot 3.3/5 · 300 reviews
  • Listing-practice investigation concluded in 2024

Medium concern

KoFIU-registered with real-name banking, but a single-market franchise, smaller balance sheet and a past listing-practice investigation keep the profile mid-band.

Authorizations

Licenses & registrations

JurisdictionRegulatorAuthorizationStatusReferenceGranted
South KoreaKorea Financial Intelligence Unit
KoFIU · https://www.kofiu.go.kr
VASP registration (real-name accounts)RegisteredKOFIU-2021-00192021-09-24

Reputation

Reputation scores

Trustpilot-style score3.3 / 5
Reviews300
App Store4.1
Google Play3.8
12-month trendflat
Press sentiment (12m)+3 / ~4 / −3

Media

Recent press

DateSourceHeadline & summarySentiment
2026-06-11ReutersCoinone renews banking partnership
The real-name account agreement was extended.
Positive
2026-03-24CoinDeskKorean venues adopt joint listing standards
Coinone signed the shared framework.
Neutral
2025-12-19BloombergSmaller Korean exchanges face margin pressure
Fee competition weighed on second-tier venues.
Negative
2025-09-08Financial TimesListing investigation closed
Prosecutors concluded a case over historic listing practices.
Neutral
2025-05-27ReutersCoinone adds institutional reporting
Corporate account services were introduced.
Positive

Risk events

Incidents & enforcement

DateTypeAmountDescription
2024-02-15Enforcement—Investigation into historic token listing practices; concluded with internal control undertakings.

Profile

Key facts

Founded2014
Websitecoinone.co.kr
Fiat currenciesKRW
Proof of reservesPartial
Custody modelCold-storage majority with real-name bank settlement
Legal entitiesCoinone Inc. (KR)
DirectoryCoinone
Coinone logo

Coinone

RegisteredNo EU authorizationESMA register

Coinone Inc.

Exchange🇰🇷 South Korea Founded 2014coinone.co.kr
Visit website
Last reviewed
2026-08-03
OverviewLicensesReputationPressIncidents

Compliance snapshot

  • KoFIU VASP registration with real-name accounts (Kakao Bank)
  • Domestic KRW market only; no overseas authorization
  • Trustpilot 3.3/5 · 300 reviews
  • Listing-practice investigation concluded in 2024
Overall concern
Medium concern

KoFIU-registered with real-name banking, but a single-market franchise, smaller balance sheet and a past listing-practice investigation keep the profile mid-band.

Regulatory

Licenses & registrations

JurisdictionRegulatorAuthorizationStatusReferenceGranted
🇰🇷 South KoreaKorea Financial Intelligence UnitKoFIUVASP registration (real-name accounts)RegisteredKOFIU-2021-00192021-09-24
  • 🇰🇷 South Korea
    Registered
    VASP registration (real-name accounts)
    Korea Financial Intelligence UnitKoFIU
    KOFIU-2021-00192021-09-24
    Verify at source
User signals

Reputation

Trustpilot-style score
3.3/ 5
3.3
300 reviews
Stable (12m)
App ratings
App Store
4.1
Google Play
3.8
Press sentiment (12m)
Positive3
Neutral4
Negative3
Media

Recent press

  • 2026-06-11
    Coinone renews banking partnershipPositive

    Reuters — The real-name account agreement was extended.

  • 2026-03-24
    Korean venues adopt joint listing standardsNeutral

    CoinDesk — Coinone signed the shared framework.

  • 2025-12-19
    Smaller Korean exchanges face margin pressureNegative

    Bloomberg — Fee competition weighed on second-tier venues.

  • 2025-09-08
    Listing investigation closedNeutral

    Financial Times — Prosecutors concluded a case over historic listing practices.

  • 2025-05-27
    Coinone adds institutional reportingPositive

    Reuters — Corporate account services were introduced.

History

Incidents & enforcement

  1. 2024-02-15Enforcement

    Investigation into historic token listing practices; concluded with internal control undertakings.

Entity

Key facts

CMC rank
#40
Fiat currencies
KRW
Proof of reserves
Partial
Custody model
Cold-storage majority with real-name bank settlement
Legal entities
  • Coinone Inc. (KR)
Compare

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  • Coinbase logoCoinbaseLow concern
  • Binance logoBinanceMedium concern
  • Kraken logoKrakenLow concern
  • Bitstamp logoBitstampLow concern
  • Bitvavo logoBitvavoLow concern
VASPCheck

Licence records, regulator references, enforcement and press for virtual asset service providers.

Dataset updated 2026-08-14

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Reference

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Contact

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Prototype — sample data for demonstration only. Always verify against official registers. VASPCheck is an informational tool, not legal or regulatory advice. Company names and logos are used for identification purposes only.

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