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…
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…
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…
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…
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…
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…
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…
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…
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…
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…