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South Korea’s Upbit launches AI agent token VIRTUAL
South Korea’s largest crypto exchange launches trading support for the Virtuals Protocol token on its platform on Jan. 31, catapulting it by 20%. In recent notice, Upbit announced that VIRTUAL (VIRTUAL) will debut on its platform on Jan. 31 at… дальше »
2025-1-31 15:07
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South Dakota and Kentucky lawmakers to propose Bitcoin reserve legislation
Lawmakers in Kentucky and South Dakota are preparing to introduce legislation to establish a Bitcoin (BTC) reserve in the next few weeks, according to statements made on Jan. 28. South Dakota Representative Logan Manhart announced that he will introduce a bill in the South Dakota House to create a strategic Bitcoin reserve. дальше »
2025-1-29 01:15
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South Korea’s regulator issues suspension warning to Upbit over 700,000 KYC violations
South Korea’s regulator is about to suspend Upbit’s operations, citing the exchange’s failure to properly implement KYC processes. South Korea‘s financial regulator, the Financial Intelligence Unit, has notified Upbit, the country’s largest crypto exchange, of a potential suspension over violations… дальше »
2025-1-16 13:17
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South Korea to draft next crypto regulation bill by year-end: report
South Korea kicks off talks on the second phase of crypto regulations, focusing on stablecoins and user protection, with a draft expected by mid-2025. South Korea‘s financial regulator, the Financial Services Commission, has officially started working on the second phase… дальше »
2025-1-15 11:30
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US, Japan, and South Korea warn blockchain industry of North Korea’s ongoing cyber threats
US, Japan, and South Korea issue a joint statement warning the blockchain industry about North Koreas cyberattacks, stealing $650M in 2024. The post US, Japan, and South Korea warn blockchain industry of North Korea’s ongoing cyber threats appeared first on Crypto Briefing. дальше »
2025-1-14 22:17
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US, Japan, and South Korea warn web3 firms about hiring IT workers from North Korea
In a joint statement, the U.S., Japan, and South Korea highlight the growing threat posed by North Korean cyber actors to the global crypto sector. The United States, Japan, and South Korea have warned the blockchain industry about North Korean… дальше »
2025-1-14 14:30
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South Korea to allow institutional investors to trade crypto: report
South Korea considers easing restrictions on corporate crypto trading, with plans to gradually issue real-name accounts to institutional investors. South Korea is set to allow corporations to invest in cryptocurrencies as the Financial Services Commission is considering a gradual approach… дальше »
2025-1-9 14:01
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Do Kwon in US custody, South Korean president impeached: Law Decoded
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.
дальше »2025-1-7 22:00
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South Korea’s Jeju Islands to introduce NFT tourism cards with perks
South Korea’s crypto-friendly Jeju Islands plans to use non-fungible tokens to attract Gen Z tourists. According to local media, Maeil Kyungjae, the popular South Korean tourist destination, will introduce NFT-based digital tourism resident cards in the second half of 2025.… дальше »
2025-1-6 10:31
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Montenegro Extradites Do Kwon: Authorities Hand Terra Founder Over To The FBI
On New Year’s Eve, Montenegro authorities announced that Terraform Labs co-founder Do Kwon was extradited to the United States. The development comes after the Minister of Justice signed the order for his extradition, concluding the prolonged battle between the US and South Korea to bring the crypto entrepreneur to trial. Related Reading: Bitcoin ETFs See […] дальше »
2025-1-1 05:00
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Crypto Founder Behind $40 Billion Disaster to Be Extradited to US
Both the US and South Korea were seeking Kwon's extradition дальше »
2024-12-28 19:24
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Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
The South Korean won hit the lowest level against the dollar since March 2009. дальше »
2024-12-28 15:22
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South Korea sanctions DPRK hackers behind crypto attacks
South Korea has imposed new sanctions on North Korean hackers responsible for stealing over $1 billion in crypto, with the illicit funds fueling the regime’s weapons programs. The South Korean government has announced sanctions on the 313 Bureau, a North… дальше »
2024-12-26 10:23
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Report shows a third of South Koreans now own crypto with this coin in focus
Over 30% of South Koreans now invest in crypto, with 15. 59M holders in November. Crypto trading volume in South Korea now rivals stock markets, with daily trades hitting 14. 9 trillion won. iDEGEN, an AI-powered coin that has raised $8. дальше »
2024-12-26 13:00
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South Korea, US team up to craft new strategies against North Korean crypto heists: report
The U.S. and South Korea have reportedly partnered to develop tools aimed at countering North Korea-linked crypto thefts and tracking billions of dollars in stolen digital assets. The United States and South Korea are said to be working together to… дальше »
2024-12-23 11:50
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Crypto Controversy: Jail Awaits Former South Korean Politician – Details
A member of the South Korean national legislature could possibly face imprisonment for allegedly misdeclaring his cryptocurrency holdings. Related Reading: Metaplanet Turns To Bitcoin With Massive 4. дальше »
2024-12-20 00:30
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BYDFi Joins South Korea’s CODE VASP Alliance to Advance Regulatory Efforts
On November 27, 2024, BYDFi made waves by officially joining South Korea’s CODE VASP Alliance. The collaboration features a seamless integration with the Travel Rule compliance solution, guaranteeing alignment with South Korea’s regulatory framework for cryptocurrency transactions. дальше »
2024-12-17 22:21
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MOCA price surges 150% after listings on South Korea’s Upbit and Bithumb
MOCA Network’s native token, MOCA, saw an unprecedented 150% price surge following its listing on South Korea’s leading cryptocurrency exchanges, Upbit and Bithumb. The token’s rapid rise underscores the importance of South Korea in shaping the future of web3 technologies and highlights MOCA’s growing significance in the decentralized metaverse space. This development marks a significant […] дальше »
2024-12-16 15:35
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Long-time stakeholder in Upbit’s parent seeks exit just day after South Korea lifts martial law: report
Woori Technology, a long-time shareholder in Dunamu, parent company of crypto exchange Upbit, plans to exit after nine years, following a failed coup in South Korea. Woori Technology Investment, a South Korean venture capital firm, is reportedly planning to sell… дальше »
2024-12-4 14:51
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South Korean Political Crisis Rocks Crypto Markets
South Korea's crypto market faces sharp volatility as martial law disrupts trading, with Bitcoin and altcoin prices plunging on local exchanges. The post South Korean Political Crisis Rocks Crypto Markets appeared first on BeInCrypto. дальше »
2024-12-4 23:50
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Here’s why crypto prices had a brief flash crash in South Korea
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin (BTC) price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost… дальше »
2024-12-4 19:15
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Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law
The martial law declaration in South Korea highlights the vulnerability of crypto markets to geopolitical events, causing significant price volatility. The post Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law appeared first on Crypto Briefing. дальше »
2024-12-4 18:19
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CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’
CryptoQuant CEO Ki Young Ju has raised concerns about South Korea’s readiness to approve spot Bitcoin exchange-traded funds (ETFs). In a Nov. 26 post on X (formerly Twitter), Ju compared the regulatory climate in South Korea to the contentious stance of the US Securities and Exchange Commission (SEC) Chair Gary Gensler, suggesting that such an […] The post CryptoQuant CEO compares South Korea’s hostile Bitcoin stance to ‘Gary Gensler situation’ appeared first on CryptoSlate. дальше »
2024-11-28 17:15
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South Korean FSC dismiss plans to build Bitcoin reserve ‘for the time being’
The South Korean FSC remains cautious of digital assets in the wake of domestic calls for a Bitcoin reserve after the U.S takes a bullish stance on crypto. According to a news report from South Korean news outlet Newsprime, Chairman… дальше »
2024-11-26 10:51
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South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025
South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected. дальше »
2024-11-20 13:39
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Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea
South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices. дальше »
2024-11-20 11:46
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FIU investing Upbit for what could be the largest KYC scandals in crypto history
South Korea’s FIU investigating Upbit for failing to verify 500,000–600,000 accounts properly. Upbit could face billions in fines for KYC violations under South Korea’s laws. The exchange’s license renewal is delayed as the FIU scrutinizes possible illegal activity. дальше »
2024-11-16 21:13
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South Korea probes crypto exchange Upbit for KYC violations
South Korea's largest crypto trading platform faces scrutiny over KYC violations. дальше »
2024-11-16 14:29
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South Korea to monitor cross-border trades with crypto
South Korean authorities will impose regulations on cross-border crypto transactions, requiring businesses to register and report from mid-2025. South Korea plans to implement regulations governing cross-border transactions of virtual assets, including cryptocurrencies, with new registration and reporting requirements set to… дальше »
2024-10-25 10:48
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Millions left in limbo as Korean crypto exchanges shut down amid regulations: report
More than a dozen crypto exchanges in South Korea have closed or suspended operations in 2024, leaving nearly $13 million in assets unclaimed by almost 34,000 subscribers. As South Korea enforces the Virtual Asset User Protection Act, more than a… дальше »
2024-10-24 14:27
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South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate
Crypto delistings in South Korea expose investors to high risks, as exchanges control listings and many coins last less than two years. The post South Korea’s Crypto Market Faces Volatility With 34.9% Delisting Rate appeared first on BeInCrypto. дальше »
2024-10-24 13:23
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South Korea to discuss approval of spot Bitcoin ETFs
South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. дальше »
2024-10-11 01:14
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South Korea to impose forex regulations on stablecoin transactions
South Korea’s government has outlined plans to impose foreign exchange regulations on cross-border stablecoin transactions, addressing the rising use of these digital currencies in international trade, local media reported on Oct. дальше »
2024-10-8 19:47
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Nearly 200 South Koreans in their 20s hold over $750k in crypto: report
More than 185 South Koreans in their 20s own over $750,000 worth of digital assets each, based on data from Upbit and Bithumb. As reported by Maeil Business Newspaper on Oct. 3, South Korean-based crypto exchanges Upbit and Bithumb submitted… дальше »
2024-10-4 12:17
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South Korea levies $860K fine on Worldcoin for compliance failures related to data collection
South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1. 14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. дальше »
2024-9-26 19:27
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South Korea joins global crackdown on Telegram, cites deepfakes
South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination. дальше »
2024-9-4 13:46
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South Korea’s Pension Service Buys $34 Million MicroStrategy Stake
South Korea's NPS invests $34M in MicroStrategy, aligning with a broader trend of traditional finance adopting Bitcoin through strategic holdings. The post South Korea’s Pension Service Buys $34 Million MicroStrategy Stake appeared first on BeInCrypto. дальше »
2024-8-17 17:41
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$365 Million Crypto Scam: South Korean CEO Indicted For Alleged Fraud
South Korean authorities have arrested and indicted the CEO of a tech firm and his accomplice for fraud. The two men are suspected of orchestrating a crypto scheme of over 500 billion won that took advantage of elderly people with false promises of massive returns. дальше »
2024-8-13 08:30
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Do Kwon set for extradition to South Korea after appeals court rejects US request
Terraform Labs co-founder Do Kwon is finally set to be extradited to South Korea after a more than year-long legal process in Montenegro. The Appellate Court upheld the Higher Court’s June decision to prioritize South Korea’s extradition request over that of the US. дальше »
2024-8-2 22:00
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Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request
Terraform Labs co-founder and fraudster Do Kwon is once again set to be extradited from Montenegro to his native South Korea, after a ruling from the Balkan nation’s court of appeals Thursday. дальше »
2024-8-2 19:08
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The Do Kwon saga continues: ex-Terraform CEO extradited to South Korea
On August 1, the Court of Appeal of Montenegro upheld a decision to extradite Do Kwon to South Korea, denying the U.S. its extradition request and reportedly making a ‘final’ decision. Kwon, a South Korean national, is implicated in a… дальше »
2024-8-2 18:06
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South Korea FSC chairman: 'Difficult for crypto to replace legal tender'
South Korea urged caution on spot Bitcoin ETFs, prioritizing financial stability and regulatory review. Kim Byung-hwan emphasizes investor protection over market development in cryptocurrency pThe post South Korea FSC chairman: 'Difficult for crypto to replace legal tender' appeared first on AMBCrypto. дальше »
2024-7-24 02:00
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South Korea FSC chair advises caution on corporate crypto transactions
South Korea's nominee for FSC chair, Kim Byoung-hwan, expressed caution about corporate crypto transactions, signaling opposition to spot Bitcoin ETFs. дальше »
2024-7-23 17:42
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