Korea

Korea Promotes Class Action System For Virtual Asset Trading To Protect Investors

The Korean Financial Services Commission is proceeding with the filing of a class-action lawsuit unfair virtual asset trading system and…

1 year ago

Do Kwon Has No Assets In Korea While Terra Has Raised Over $300 Million

Korean prosecutors have confiscated the assets of Terra executives, including Kwon Do-hyung, for a minimum amount of 414.5 billion won.…

1 year ago

Korea Expected To Pass 18 Digital Asset Bills In April

The Digital Asset Market Regulation Bill proposed by the Korean National Assembly in the fall of 2022 will be passed…

1 year ago

20 Korean Cryptocurrency Exchanges Will Be Under Full Inspection This Month

Key Points: The Korean Financial Intelligence Unit (FIU) plans to inspect 20 crypto exchanges this month comprehensively. The FIU will…

1 year ago

Korea Urgent In Combating Virtual Asset Cybercrime And DDoS Attacks

Key Points: South Korea has listed dark web tracking, virtual asset analysis, and DDoS attacks as three central tasks in…

1 year ago

Korean Banks Keep Exclusive Rights For Virtual Asset Real-name Verification Accounts

Key Points: Currently, only banks in Korea issue real-name verification accounts for virtual assets, but some argue that allowing securities…

1 year ago

Korea’s Act Review Committee Neglects “Digital Property Law” – Again!

Key Points: The National Assembly of Korea held a subcommittee to consider the first bill this morning but continued not…

1 year ago

The Second Largest City In South Korea Is Making Efforts To Become A Crypto Hub

Key Points: Busan, South Korea's second-largest city, is attempting to establish itself as a crypto center. To create the Busan…

1 year ago

Korea Investigating Tax Evasion Of Famous Youtubers Who Advertise Cryptocurrency

Key Points: The Korean Tax Department will conduct tax investigations against celebrities and YouTubers suspected of tax evasion. A total…

1 year ago

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