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Archive: News

News

South Korea to Ban Crypto Exchanges Over Non-Compliance

The Korea Financial Intelligence Unit (KoFIU) has announced plans to bolster supervision of the ...

News

South Korea Mandates Top Officials to Disclose Crypto Assets

Starting in 2024, high-ranking public officials in South Korea will be required to disclose ...

News

South Korean Authorities Launch Raids on UpBit and Bithumb

Reports have emerged stating that South Korean prosecutors have conducted raids on the offices ...

XRP
News

XRP Takes Lead As Most Traded Token on This Major Korean Exchange: Details

XRP has become the most traded cryptocurrency on South Korea’s two major exchanges, Upbit ...

News

Korea Confirms $7.2 Billion in Unusual International Money Transfers

South Korea’s financial watchdog confirmed more cases of “abnormal” foreign-exchange transactions, mostly involving cryptocurrencies. ...

News

South Korea Tightens Grip on Embattled Terra Co-Founder Do Kwon

Do Kwon, whose Terraform Labs cryptocurrency ecosystem caused a digital asset collapse, may be ...

News

First Arrests Occur in S. Korea’s Key Crypto-Related Investigation

As the nation’s embrace of cryptocurrencies gets hampered by price collapses, officials are looking ...

Metaverse
News

South Korea Invests $187M In Bid to Ramp Up its Metaverse Plans

South Korea seems to be on a quest to become a major player on ...

Crypto
News

New Crypto Regulatory Requirements in South Korean Threaten to Force Several Exchanges Out of Business 

By midnight tonight in South Korea, several crypto exchanges will cease to exist due ...

Crypto
News

South Korean Financial Regulator Intends to Close 11 Crypto Exchange Companies

The Financial Services Commission (FSC) of South Korea plans to stop eleven cryptocurrency exchanges ...

Crypto
News

South Korea Threatens to Ban Unregistered Crypto Exchanges by September

The Financial Services Commission (FSC) in Korea has announced that Foreign Virtual Asset Services ...

Bitcoin
News

Bitcoin Trades Around $68,000 In South Korea as Kimchi Premium Reemerges

Bitcoin is currently trading at around $68,000 in South Korea on Bithumb as “Kimchi ...

South Korea
News

South Korea Launches Pilot Program to test Digital Currency

South Korea, announced on Monday, the launch of a pilot program to help govern ...

South Korea
News

South Korea Slams Bithumb With $70 Million Withholding Tax

The National Tax Service of South Korea (NTS) has concluded plans to slam crypto ...

Crypto
News

South Korea’s Largest Telecom Firm Announces Launch Of Digital Currency

KT, the largest telecom company in all of South Korea has announced that it ...

Blockchain Speed
News

South Korean Blockchain Firm Creates Tech That Spikes Blockchain Speed

Bloom Technology, a blockchain firm based in South Korea, has revealed that it has ...

TravelbyBit
General, News

Binance Partners With TravelbyBit To Launch Crypto Travel Rewards Card

In an official blog post, Binance has announced a new partnership with TravelByBit, a ...

Upbit
General, News

Upbit Crypto Exchange Announces $49 Million Worth Of Ether Was Stolen

One of South Korea’s largest cryptocurrency exchanges, Upbit, has announced that it lost 58 ...

Brooklyn
General, News

South Korean Exchange Executives Bag Up To 16 Years Sentence For $386 Million Fraud

According to reports, The Seoul Central District Court has sentenced several executives of a ...

News

U.S. Authorities Trace Bitcoin Transactions To Shutdown ‘Largest’ Child Porn Ring

A press release from the U.S. Department of Justice, has announced a federal grand ...

News

South Korea’s Largest Banks Join J.P. Morgan’s Blockchain Payments Platform

JP Morgan’s Blockchain payments platform has just welcomed five of South Korea’s biggest banking ...

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