South Korea

South Korea Is Carefully Considering Crypto Law On March 28

The National Assembly of South Korea is conducting a comprehensive discussion on the development of legislation Act related to virtual…

2 years ago

South Korea Intensifies Push To Extradite Terra-Luna Founder For Crypto Scandal

South Korean prosecutors are increasing their efforts to bring South Korean national Kwon Do-hyung, also known as Do Kwon, and…

2 years ago

South Korea And Hong Kong Strengthen Cooperation To Suppress Illegal Cryptocurrency Transactions

Key Points: The two countries, South Korea and Hong Kong will work closely together in an effort to crack down…

2 years ago

South Korea Now Prohibits Transactions Related To North Korean Crypto Theft

Key Points: In response to specific North Korean groups and individuals, South Korea declared separate sanctions on crypto thefts. Seven…

2 years ago

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 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 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 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 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

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