South Korea
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Binance denied that he was working with the honorary president of Kolon Group in South Korea to build a new encryption trading platform
According to reports, Binance denied the report that it was considering the establishment of a new cryptocurrency exchange in South Korea with Li Xionglie, honorary president of Kolon, South Korea. Binance said that last year we discussed with Kolon the development of the Korean blockchain industry and the implementation of the charity industry, but we have not discussed the establishment of a new exchange. Interpretation of this information: The news of Binance planning to establish a new cryptocurrency exchange in South Korea with Li Xionglie, honorary president of Kolon, South…
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South Korean financial authority official: is considering regulating the business of currency security in South Korea
On February 23, according to the Korean “Chosun Ilbo”, a senior official of the South Korean financial authority said that it would be difficult to properly regulate the trading platform business of Jeon in South Korea, and was considering standardizing the business of Jeon in South Korea. Interpretation of this information: The South Korean government has been grappling with the regulation of cryptocurrency trading platforms for quite some time. Jeon, a popular cryptocurrency trading platform, has been in the government’s crosshairs for some time now. Recently, a senior official of…
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The South Korean prosecutor has formally sued Jiang Jong-hyun and detained and searched Vidente, the largest shareholder of Bithumb
It is reported that this morning, the South Korean prosecutor seized and searched Vidente, the largest shareholder of Bithumb (holding 34.22% of Bithumb’s shares), in the investigation of Bithumb-related companies suspected of misappropriating funds. Interpretation of this information: The news broke out this morning that the largest shareholder of Bithumb, Vidente, has been seized and searched by the South Korean prosecutor. It is suspected that the search is related to the investigation of Bithumb-related companies that have misappropriated funds. This news has come as a shock to the cryptocurrency community,…
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Lifeform Cartoon ranks first in the entertainment list of App Store in South Korea
On February 22, it was reported that the LLifeform Cartoon iOS version was launched on the Apple App Store in South Korea on February 20, and it ranked first on the top download list of the App Store entertainment list within two days. Interpretation of this information: The message informs us about the successful launch of LLifeform Cartoon in the South Korean Apple App Store. The iOS version was released on February 20, and within two days it secured the number one position on the top download list in the…
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The South Korean authorities are studying the case of SEC v. XRP in the United States and other cases to refer to the relevant provisions of ST0
On February 14, according to the source, the Digital Assets Research Group of the Korea Financial Supervisory Institute is focusing on the overseas cases related to virtual assets, including carefully referring to the lawsuit between XRP and the United States Securities and Exchange Commission (SEC), which is expected to reach the results as early as March, to formulate the relevant provisions of the domestic securities token (ST0) in South Korea. Interpretation of this information: The Digital Assets Research Group of the Korea Financial Supervisory Institute is reportedly turning its focus…
