Browsing Tag
South Korea
10 posts
South Korean P2P Lending CEO Accused of Crypto Misappropriation
A South Korean private equity investor has accused the CEO of a peer-to-peer (P2P) financial lending platform of…
January 30, 2025
South Korean Civil Servant Allegedly Misused Public Funds to Invest in Crypto
South Korean prosecutors have indicted a civil servant for allegedly embezzling public funds to invest in cryptocurrency. The…
August 14, 2024
South Korea FSC Chair Urges Caution on Corporate Crypto Transactions
South Korea’s nominee for Financial Services Commission (FSC) chair, Kim Byoung-hwan, cautioned against allowing bank accounts for corporate…
July 23, 2024
Challenges force Closure: Huobi Korea announces shutdown
South Korean cryptocurrency exchange Huobi Korea has announced its closure, effective January 29, 2024, citing challenges in the…
January 4, 2024
South Korea sets deadline for public officials to disclose Cryptocurrency holdings
In a recent announcement, South Korea revealed its decision to mandate high-ranking public officials to disclose their cryptocurrency…
December 27, 2023
South Korea Decides: NFTs fall outside the scope of Cryptocurrency regulation
South Korean financial regulators have made a significant distinction, asserting that Non-Fungible Tokens (NFTs) will not be subject…
December 11, 2023
XRP and Altcoins gain popularity among South Korean Gen Z, outshining Bitcoin and Ethereum
A recent report from a South Korean news outlet sheds light on the cryptocurrency preferences of the country’s…
August 23, 2023
South Korea sees a rise in illegal Crypto transactions
According to local sources, South Korean residents transacted 5.6 trillion Korean won ($4.3 billion) using ‘illegal’ crypto exchanges…
March 7, 2023
South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates
Judge Hong Jin-Pyo reportedly stated that there was little risk of Shin Hyun-seong or other Terra associates destroying…
December 3, 2022
South Korean specialists request that Interpol issue ‘Red Notification’ for Do Kwon: Report
As per Interpol, there are at present 7,151 people freely named on the organization’s Red Notification rattle off…
September 20, 2022