Browsing Tag
South Korea
11 posts
South Korean Ex-Lawmaker Gets Jail Sentence for Lying About Crypto Holdings
A former South Korean lawmaker has been sentenced to six months in prison for providing false information about…
South Korea Points Finger at North Korea in $41M Upbit Heist
South Korea has officially accused North Korea of being behind the 2019 hack of the Upbit cryptocurrency exchange,…
Court Backs Bank’s Firing of Worker Caught Playing Crypto Games at Work
A South Korean court has upheld a bank’s decision to dismiss an employee for repeatedly engaging in crypto…
Customer Funds of $12.8M Stuck After South Korean Crypto Exchange Closures
South Korea’s recent implementation of the Virtual Asset User Protection Act has resulted in the shutdown of several…
South Korean Official Used Government Server for Crypto Mining
A South Korean government-affiliated food agency employee faces charges for setting up and operating a cryptocurrency mining server…
South Korea Rolls Out Measures to Ensure Safety Amid Crypto Exchange Failures
Starting from next month, cryptocurrency investors in South Korea will benefit from enhanced protections as new regulations have…
South Korea Encouraged to Mirror US Approach to Crypto ETFs Post Ethereum Green Light
The recent approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC) has triggered pressure…
South Korean Central Bank accelerates CBDC Project
The Bank of Korea (BOK) is expediting its CBDC project and intends to conduct a pilot of its…
High-ranking officials to declare crypto holdings voices South Korean PM
South Korean Prime Minister Han Deok-soo announced cryptocurrency to be included in the property registration of high-ranking officials.…
Bank of Korea gets green signal to probe crypto firms
Legislations and regulations are crucial for the establishment of the crypto ecosystem. In addition to this, authorities for…
South Korean authorities seek stakeholder protection through Crypto regulation
Crypto regulation is becoming a top priority for countries with emerging risk factors and recent banking sector turmoil…