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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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South Korea implements new crypto regulations, details here
South Korea's new regulations enhance user protection in the cryptocurrency industry. VASPs must keep 80% of user crypto deposits in cold storage. South Korea boasts one of the world's most The post South Korea implements new crypto regulations, details here appeared first on AMBCrypto. дальше »
2024-7-21 09:00
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CEO of defunct yield protocol says user deposits weren’t 'principal protected'
The South Korean platform Delio collapsed last year due to counterparty exposure to Haru Invest, another South Korean crypto yield giant. дальше »
2024-6-25 18:38
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South Korea to reconsider hundreds of crypto listings under new law: report
South Korea will review the listings of over 600 tokens on domestic crypto exchanges next month under new regulatory measures. South Korea‘s financial authorities will begin re-evaluating over 600 cryptocurrency listings on domestic trading platforms starting in July, following the… дальше »
2024-6-18 10:04
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Crypto Tokens Facing Delisting Nightmare in South Korea
Some cryptocurrencies might be on chopping block in South Korea дальше »
2024-6-16 14:39
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Ripple Unveils Major Initiative for Japan and South Korea
San Francisco-headquartered blockchain firm Ripple has introduced a new fund for Japan and South Korea дальше »
2024-6-11 10:56
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South Korea’s Ministry of Justice forms task force to damper crypto crimes
South Korea’s Ministry of Justice has launched a special task force to combat the increasing prevalence of crypto crimes, signaling a major crackdown on fraud and market manipulation. South Korea is intensifying efforts to clamp down on market manipulation and… дальше »
2024-5-28 15:25
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South Korean convenience store sells Bitcoin-themed ‘meal boxes’
A convenience store in South Korea offers Bitcoin meal boxes in collaboration with the local exchange Bithumb, where customers can win small amounts of Bitcoin with their purchases. дальше »
2024-5-9 11:39
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VALR – The South African Exchange Going Global
Farzam Ehsani is Co-founder and CEO of VALR, a South African crypto exchange headquartered in Johannesburg, South Africa. With regulatory approval to operate in Europe, VALR has 1000 corporate and institutional clients, more than half a million users, and now is expanding globally. дальше »
2024-5-7 01:49
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Crypto policies won’t be affected by South African elections, insiders say
According to industry insiders, the upcoming South African elections on May 29 will not affect the nation’s cryptocurrency agenda. According to Mpumelelo Ndamane, CEO of South Africa-based crypto wallet provider Nuud Money, the elections will steer clear of cryptocurrencies. “We’ve been pretty… дальше »
2024-4-29 13:18
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Crypto .com postpones expansion plans for South Korea, talks with regulators
The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing. дальше »
2024-4-24 17:36
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Crypto Exchange VALR Obtains South African License
The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly. дальше »
2024-4-15 17:00
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Victory For Do Kwon? Montenegro’s Latest Ruling Reverses Extradition To South Korea
Montenegro, caught in the crossfire of extradition battles between the United States and South Korea, has recently witnessed a significant turn of events in the case of disgraced crypto mogul Do Kwon. дальше »
2024-4-9 04:00
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How did Bitcoin react to South American firm's 24K BTC purchase plan?
Nilam Resources, a mining company, recently filed an LOI that would allow it to acquire large sums of BTC. Bitcoin reacted positively, however sentiment continued to decline. South American The post How did Bitcoin react to South American firm's 24K BTC purchase plan? appeared first on AMBCrypto. дальше »
2024-3-26 15:35
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South Korean police nab fraudsters in $4.1m crypto scam
South Korean police apprehended a pair of fraudsters who stole 5.5 billion won ($4.1 million) from a senior man under the guise of profitable crypto investments. The Haeundae Police Station in Busan, South Korea, caught two people in their 20s… дальше »
2024-3-26 15:19
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OKX Founder Could Be Under Investigation by US Authorities
This rumored investigation adds to Xu's history of controversy, including previous scrutiny from Chinese authorities and OKX's recent regulatory challenges in South Korea and India. The post OKX Founder Could Be Under Investigation by US Authorities appeared first on BeInCrypto. дальше »
2024-3-24 18:00
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Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea. дальше »
2024-3-22 17:42
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Do Kwon’s South Korea Extradition Uncertain After Challenge from Top Prosecutor
Terraform Labs co-founder Do Kwon’s pending extradition to South Korea has apparently been put on ice following a legal challenge issued Thursday by Montenegro’s top prosecutor. дальше »
2024-3-22 00:54
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Montenegro To Extradite Terra Creator Do Kwon To South Korea… This Time It’s For Real
Terraform Labs co-founder Do Kwon will be sent to his home country, South Korea, to be tried for the multi-billion-dollar implosion of his Terra-Luna crypto enterprise in May 2022. дальше »2024-3-22 21:26
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Do Kwon set for extradition to South Korea after Montenegro court rejects appeal
The Montenegro Appellate Court rejected Do Kwon’s appeal on impending extradition to South Korea. Kwon was arrested last year following the collapse of Terra Luna and its stablecoin UST in 2022. дальше »
2024-3-21 22:57
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Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
The U.S. is also seeking Kwon's extradition despite the Montenegrin court's decision to send him to South Korea. дальше »
2024-3-21 17:33
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