Tag: South Korea

South Korea is set to implement tighter oversight on cross-border cryptocurrency transactions to prevent tax evasion and other financial crimes, Finance Minister Choi Sang-Mok announced at the G20 summit in Washington. According to an October 24 report from Edaily, the new policies will require all businesses handling cross-border crypto transfers to pre-register with authorities and […]

South Korea crypto market is experiencing notable growth due to the increasing Korea Premium Index, according to Chainalysis.

Crypto.com is facing a major hurdle in its global expansion plans as its leadership overhaul in Korea is facing a hurdle

The High Court in Podgorica, Montenegro, has determined that Do Kwon should be extradited to South Korea rather than the United States.

The UN is investigating the DPRK-linked hacking groups that are responsible for carrying out attacks on crypto firms over the past six years.

Lawmakers in South Korea have pushed a Bill that will empowers regulators to track and freeze digital assets in the North

South Korea said the volume of suitable individuals in Busan is "so large that the Bank of Korea is burdened in many ways."

South Korean legislator, Kim Nam-kuk, has left the Democratic Party of Korea over a crypto-related scandal.

The Bank of Korea is poised to oversee and track crypto service providers and issuers while the government debates virtual asset regulation.

An application to detain Daniel Shin, co-founder of Terraform Labs has once again been rejected by a Seoul court

The use of crypto transactions to perpetrate financial scams, particularly across foreign borders, has recently increased in South Korea

The government of South Korea is set to apply the Capital Markets Act to Security tokens with a new law for other tokens

The South Korean government is planning the release of a crypto-tracking system that will help provide extra oversight on the industry

The Seoul Southern District Prosecutors Office has issued an arrest warrant against failed Terraform Labs co-founder Daniel Shin

South Korean prosecutors have revealed that the indictment of Terra co-founder Daniel Shin cannot be ruled out at this time

Five crypto exchanges in South Korea plan to delist Kosdaq-listed game developer WeMade Co.’s crypto native token Wemix (WEMIX)

Officials in South Korea are proposing new changes to the Digital Assets Bill to give them more authority over crypto exchanges.

The Financial Service Commission (FSC) believes that stablecoins and crypto are an easy choice for people that launder money.