South Korea

What is Korean Bitcoin? South Korea is one of the world\’s largest cryptocurrency

According to reports, Seoul prosecutors in South Korea have stated that Terra co founder Do Kwon and Terraform Labs (TFL) have billions of Korean won left in their accounts at Swis

According to reports, the South Korean National Assembly\’s Political Affairs Committee passed the first phase of the virtual asset bill, the \”Virtual Asset Investor Protection Act\”

On April 24th, the Seoul South District Court rejected the prosecution\’s appeal against the confiscation and preservation request of Terraform Labs co founder Daniel Shin, ruling t

On April 24th, it was reported that the definition of virtual assets in the virtual asset related laws currently being discussed in the South Korean parliament does not include pro

On April 22nd, it was reported that the South Korean Financial Services Commission (FSC) has abandoned its opposition to the Central Bank\’s acquisition of the \”request for data sub

On April 4th, it was reported that Do Kwon, CEO of Terraform Labs, had refused US jurisdiction during his escape.
Yonhap News Agency: Do Kwon refused US jurisdiction during his esc

On April 3rd, a spokesperson for the prosecutor\’s office in the southern region of Seoul said, \”If we see more evidence, we will (expand) the investigation to other exchanges.\” Sou

On April 3rd, Alchemy Pay, a Singapore based cryptopayment service provider, announced that it would complete a $10 million financing with a valuation of $400 million. This round o

On March 31, the market headquarters of KOSDAQ in South Korea announced today that due to the receipt of Vidente, the largest shareholder of Bithumb, the country\’s crypto exchange,

According to reports, data shows that XRP has increased by 26% in the past week, and XRP\’s trading volume has soared to billions of dollars in UpBit, Bithumb, and Korbit, the three

On March 30, a source from the South Seoul District Attorney\’s Office in South Korea refuted the claim made by the Ministry of Justice of Montenegro that \”the United States\’ extrad

On March 30, the Minister of Justice of Montenegro, Marko Kovac, stated at a press conference that it had been confirmed that the United States had requested the extradition of Do

On March 30, the Minister of Justice of Montenegro, Marko Kovac, stated at a press conference that it had been confirmed that the United States had requested the extradition of Do

On March 30, the South Seoul District Court in South Korea began reviewing the arrest warrant for Daniel Shin, Terra\’s co founder and former CEO of Chai Corporation, at 10:30 local

On March 29, a member of the first branch of the South Korean parliament, Senator Kim Hee kun, stated in response to the \”Digital Assets\” law that on March 28, the first branch of

On March 27th, South Korean prosecutors once again pushed for the arrest of Daniel Shin, a co-founder of Terraform Labs. At the end of November last year, South Korean prosecutors

On March 16th, Lee Sir-goo, CEO of Dunamu, an operator of Upbit, a South Korean cryptocurrency trading platform, called on the government to allow the initial trading platform (IE0) of cryptocurrency trading platforms at the DCON 2023: Creating a Healthy Market Digital Assets Conference in Seoul, saying that the digital asset market needs to be differentiated from the existing market, and (IE0 legislation) has not been discussed in depth so far, Although the government has expressed its intention to do so. He said that even in the fledgling Token securities…

On March 10, it was reported that the Financial Services Commission (FSC), the highest financial regulator in South Korea, had begun a “comprehensive inspection” of the country’s cryptocurrency exchange. The FSC is particularly concerned about the 20 trading platforms that do not have a Korean trading license. This is the “first time” that the FSC has conducted a “comprehensive inspection” of exchanges that do not operate the legal currency market. It is expected that this inspection will focus on the anti-money laundering agreement. Interpretation of this information: The Financial Services…

According to reports, Lee Changyong, governor of the Bank of Korea, said that he was worried about 16% of the South Korean population owning cryptocurrency accounts. As an investment asset, cryptocurrency is too risky. Interpretation of this information: Cryptocurrency ownership has become a significant issue in South Korea, with 16% of the country’s population owning cryptocurrency accounts. Lee Changyong, governor of the Bank of Korea, expressed his concerns over the increasing trend of people investing in cryptocurrency. Changyong’s comments came amid growing interest and adoption of digital assets in the…