South Korea

South Korea Issues Guidelines Defining Security TokensSouth Korea Issues Guidelines Defining Security Tokens

South Korea Issues Guidelines Defining Security Tokens

Key Points: South Korea announced guidelines outlining which specific cryptocurrencies will be subject to the same rules as financial instruments.…

2 years ago
South Korea Will Implement Crypto Tracking System In 2023South Korea Will Implement Crypto Tracking System In 2023

South Korea Will Implement Crypto Tracking System In 2023

Key Points: To combat money laundering schemes and reclaim cash associated with criminal activity, the South Korean Ministry of Justice…

2 years ago
Korbit’s Strengthen Account Monitoring, Report Request From Employees’ Family AccountsKorbit’s Strengthen Account Monitoring, Report Request From Employees’ Family Accounts

Korbit’s Strengthen Account Monitoring, Report Request From Employees’ Family Accounts

Key Points: Korbit made the decision to keep an eye on both the employees' and their families' accounts in addition…

2 years ago
Woori Bank Will Launch 3D Metaverse Banking Service For Small BusinessesWoori Bank Will Launch 3D Metaverse Banking Service For Small Businesses

Woori Bank Will Launch 3D Metaverse Banking Service For Small Businesses

Key Points: Woori Bank has launched a 3D metaverse banking service for small businesses. One service will be for contact…

2 years ago
South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual AssetsSouth Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets

South Korea Has Ordered Strict Sanctions For 5 Serious Crimes Related To Virtual Assets

Key Points: South Korea has ordered another serious handling of 5 serious crimes related to virtual assets. The prosecutor's office…

2 years ago
Binance Remains Quiet On Gopax Acquisition RumorsBinance Remains Quiet On Gopax Acquisition Rumors

Binance Remains Quiet On Gopax Acquisition Rumors

Key Points: Lee Jun-haeng, the Gopax founder and major stakeholder, is asking Binance to purchase a 41.2% stake in Gopax.…

2 years ago

Bithumb Largest Shareholders Company Vice President Jumps Towards Suicide

Key Points: A suspect was found dead while being investigated by the prosecution on charges of embezzlement and stock price…

2 years ago
Crypto Exchange Upbit’s Parent Company Prevents Staff, Families From TradingCrypto Exchange Upbit’s Parent Company Prevents Staff, Families From Trading

Crypto Exchange Upbit’s Parent Company Prevents Staff, Families From Trading

Dunamu, the South Korean company that runs the Upbit exchange, has been prohibiting family members of its executives and employees…

2 years ago
South Korea Seizes $104 Million From Terra Co-Founder On Grounds Of Alleged Ill-Gotten GainsSouth Korea Seizes $104 Million From Terra Co-Founder On Grounds Of Alleged Ill-Gotten Gains

South Korea Seizes $104 Million From Terra Co-Founder On Grounds Of Alleged Ill-Gotten Gains

While other collapsed ecosystems were given more attention by the cryptocurrency exchange FTX, South Korean authorities are still working to…

2 years ago