2024-4-30 22:30 |
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit.
2024-4-29 16:48 | |
|
|
South Korea establishes a specialized unit to tackle crypto crimes, a significant step in bolstering its regulatory framework amid rising incidents in the sector. The post South Korea Responds to Crypto Crimes with New Investigative Unit appeared first on BeInCrypto.
2024-4-30 14:00 | |
|
|
South Korea, a nation long enamored with cryptocurrency, is tightening its belt on the digital asset frontier. Faced with a surge in crypto-related crimes, the country is bolstering law enforcement and implementing its first-ever comprehensive crypto regulation, set to take effect in July 2024.
2024-4-29 11:55 | |
|
|
South Korea is set to intensify its scrutiny of virtual asset exchanges with plans to conduct inspections and block platforms that do not meet regulatory standards later this year. The Financial Intelligence Unit (FIU) has outlined a comprehensive “2024 Work…
2024-2-12 13:35 | |
|
|
A recent report sheds light on South Korea's lack of regulatory oversight on cryptocurrency mixers, as the Financial Intelligence Unit (FIU) actively explores measures to curb their use. The post South Korean Authorities Set to Crackdown on Crypto Mixers appeared first on BeInCrypto.
2024-1-16 04:04 | |
|
|
Line Next, a South Korea-based NFT unit, secures a groundbreaking $140 million for global Web3 expansion. Plans include launching a global NFT marketplace, a virtual avatar app, and innovative Web3 games, reshaping the digital asset landscape.
2023-12-14 13:00 | |
|
|
Crypto exchange Kraken teamed up with SEROCU in “Operation Hyphen” to successfully retrieve and return over $2 million in cryptocurrency stolen in a major scam. The South East Regional Organised Crime Unit (SEROCU), with the help of the cryptocurrency exchange…
2023-11-10 15:33 | |
|
|
In an effort dubbed “Operation Hyphen,” Kraken, the renowned cryptocurrency exchange, collaborated with the South East Regional Organised Crime Unit (SEROCU) to recover and return over $2 million worth of stolen cryptocurrency linked to a major crypto scam.
2023-11-10 05:00 | |
|
|
South Korea's Financial Services Commission (FSC) will publicly disclose the results of its Financial Intelligence Unit's (FIU) inspections related to anti-money laundering and other investigations, including those involving crypto markets.
2023-8-4 11:30 | |
|
|
The Financial Intelligence Unit recently held a meeting regarding this action. Five major crypto exchanges attended the meeting and shared what measures they have taken to address crypto crime.
2023-7-27 16:30 | |
|
|
In its continuous attempt to regulate its evolving crypto scene and fight against crypto crimes, the South Korean government has offered support to virtual asset operators in the country. The nation’s Financial Intelligence Unit recently held a meeting with five local virtual asset services providers to help strengthen their “compliance capabilities.” This meeting is a […]
2023-7-27 16:00 | |
|
|
South Korea has launched the Joint Investigation Center for Crypto Crimes to fight escalating cryptocurrency misconduct. The investigation team will comprise 30 individuals from the customs, tax, financial, and judicial agencies.
2023-7-27 20:13 | |
|
|
South Korea has taken a stand against surging crypto crimes with a specialized investigation team. The team is set to comprise of roughly 30 specialists.
2023-7-26 19:21 | |
|
|
Shinhan Bank, one of the oldest banks in South Korea, has announced the successful completion of a stablecoin remittance test on Hedera’s open-source public network. This trial was carried out in collaboration with Siam Commercial Bank’s technology innovation business unit (SCB TechX), Taiwan’s largest financial institution, and other financial companies.
2023-7-18 22:00 | |
|
|
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.
2023-7-12 11:02 | |
|
|
Coinspeaker South Korean Tax Authorities Investigating Crypto Exchange Operator Bithumb Holdings A local report states that the investigation will be conducted by a unit dedicated to “special tax investigations.
2023-1-11 14:37 | |
|
|
For allegedly breaking South Korean capital markets legislation, Kwon was the subject of an arrest order issued on September 14 by the Financial and Securities Criminal Unit of the Seoul Southern District Prosecutor's Office.
2022-12-12 14:50 | |
|
|
South Korea’s Financial Intelligence Unit (KoFIU) sent requests to all crypto exchanges domiciled in the country to submit records of self-issued tokens.
2022-11-21 14:13 | |
|
|
South Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea Financial Intelligence Unit (KoFIU) is the finanThe post Assessing the impact of the FTX debacle on South Korea and more appeared first on AMBCrypto.
2022-11-21 12:30 | |
|
|
The Korea Financial Intelligence Unit (KoFIU) said that it has alerted the investigating authority about the illegal business activities of 16 unregistered Virtual Asset Service Providers (VASPs) operating in South Korea.
2022-8-19 22:00 | |
|
|
South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna… The post Korean cybercrime unit requests exchanges to freeze LFG assets: Report appeared first on Coin Journal.
2022-5-24 21:33 | |
|
|
South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services. Soon after, local reports claimed that the exchange's largest shareholder is eyeing a coThe post Amid tightening regulations in South Korea, Vidente eyes controlling stake in Bithumb appeared first on AMBCrypto.
2021-11-26 15:30 | |
|
|
H2: Bithumb crypto approval to compete with Upbit's market dominance in South Korea South Korea's anti-money laundering unit recently approved Bithumb's application to enable crypto services after The post After approval, can Bithumb shake Upbit's crypto monopoly in South Korea appeared first on AMBCrypto.
2021-11-22 20:30 | |
|
|
The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country's Financial Intelligence Unit, it was looking closely aThe post South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities appeared first on AMBCrypto.
2021-9-13 01:30 | |
|
|
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents.
2021-7-23 19:30 | |
|
|
Klaytn, the public blockchain project led by the South Korean Internet giant Kakao; announced the listing of its KLAY token on Binance, the largest crypto exchange by volume, Developed by Kakao’s blockchain unit, Ground X, of South Korea; Klaytn is a public blockchain platform, committed to offering high performance, fast response times, and flexible scalability solutions that […] The post Klaytn blockchain gets KLAY token listed on Binance appeared first on CryptoNinjas.
2021-6-25 07:14 | |
|
|
On Sept. 7, the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit raided the country’s largest cryptocurrency exchange, Bithumb, for the second time in less than a week. According to reports from the local newspaper, Seoul Shinmun, the raid aims to collect additional evidence about the case opened against the Chairman of the board of […] The post Bithumb Cryptocurrency Exchange Raided by South Korean Police For The Second Time first appeared on BitcoinExchangeGuide.
2020-9-9 17:04 | |
|
|
Authorities in Seoul have reportedly raided the offices of Bithumb, the largest cryptocurrency exchange in South Korea. According to local news outlet Seoul Shinmun, a special crime unit at the Seoul Metropolitan Police Agency conducted a search and seizure operation at Bithumb’s headquarters in the Gangnam District on Sept 2.
2020-9-2 15:19 | |
|
|
According to an article published by Yonhap News Agency on May 26, 2020, South Korea’s LG Group’s IT service unit – LG CNS Co. – has entered into a partnership with Canada-based Evernym Inc. to develop blockchain-enabled ID system.
2020-5-27 13:00 | |
|
|
Klaytn, the leading blockchain project led by the South Korean Internet giant Kakao, announced today that the cryptocurrency exchange company Huobi is joining the Klaytn Governance Council. Developed by Kakao’s blockchain unit, Ground X, Klaytn is a public blockchain platform whose mainnet launched in June last year.
2020-2-10 21:02 | |
|
|
Privacy coins are facing the axe by one of South Korea’s largest cryptocurrency exchanges. OKEx Korea, the Korean unit of the Malta-based exchange is set to delist five privacy coins from its coffers pointing to violation of the Finance Action Task Force’s [FATF] travel rule, according to a report by Bridge Kyungjae, a Korean news […] The post Monero, Zcash and DASH to be shown the door by OKEx Korea over FATF violation appeared first on AMBCrypto.
2019-9-16 10:17 | |
|
|
One of the main regulatory agencies of South Korea under the command of the Financial Services Commission (FSC), the Financial Intelligence Unit (FIU), has recently decided that the cryptocurrency exchanges of the country would start to be under its guidance.
2019-8-8 22:15 | |
|
|
The Financial Intelligence Unit of South Korea's Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation
2019-8-8 13:15 | |
|
|
The European Union Agency for Law Enforcement Cooperation (Europol) executed six arrests in connection with an investigation into an international $27 million heist that scammed victims into depositing funds at a fake crypto exchange.
2019-6-27 19:44 | |
|
|
In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto.
2019-6-18 00:30 | |
|
|
An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
|
|
Ahead of today’s anticipated launch, Samsung Galaxy S10 is expected to showcase the Exynos 9820 as the mobile application processor (AP) of the device and according to a local publication in South Korea operated by mainstream media outlet Hankyoreh, it could be a big hint for Samsung’s crypto wallet integration.
2019-2-21 17:20 | |
|
|
A collaborative effort between the UK’s South East Regional Organised Crime Unit (SEROCU), the Hessen State Police in Germany, the UK’s National Crime Agency (NCA) and Europol, has successfully identified and arrested a male suspect in connection with a case of fraud, theft and money laundering that resulted in the theft of around €10 million (Approximately […] The post Europol Arrests Suspect Behind the Theft of $11.
2019-1-24 16:24 | |
|
|
South Korea’s internet conglomerate Kakao has invested in blockchain firm Orbs via its venture arm Kakao Investments. The Israeli blockchain startup Orbs became the receiver of an undisclosed amount of funding from the Korean company.
2018-12-14 13:29 | |
|
|
It seems that banks are more vulnerable to money laundering and terrorist financing risks than virtual currencies. The information was reported by Business Korea citing a report released by the Financial Information Unit (FIU).
2018-12-2 01:45 | |
|
|
Is cryptocurrency becoming more mainstream? It could be if one of America’s most prominent game shows features an entire category devoted to it. The November 29, 2018, episode of “Jeopardy!” — which has been on the air since 1964 — offered five unique questions centered around cryptocurrencies and their technology to test out its contestants’ knowledge on the subject: The results reveal that they did indeed know their fair share.
2018-12-1 22:18 | |
|
|
A risk assessment report released by the Financial Information Unit (FIU) found banks more vulnerable to money laundering and terrorist financing risks than cryptocurrencies, Business Korea reported.
2018-11-30 01:00 | |
|
|
A survey by Luno, a London-based cryptocurrency platform, has revealed that a growing number of people in South Africa prefer holding cryptocurrencies such as bitcoin and bitcoin cash rather than the local fiat unit, the rand.
2018-11-7 13:00 | |
|
|
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.
2018-9-15 01:22 | |
|
|
A Russian company known as the Kriptoyunivers Center opened the nation’s largest cryptocurrency mining unit on Monday, August 20, 2018. According to the South China Morning Post, the mining farm is currently located in a former Soviet fertilizer-producing laboratory.
2018-8-22 14:00 | |
|
|
South Korea’s mobile app operator Kakao plans to raise funds for its upcoming blockchain platform. The company’s blockchain unit is now seeking partners.
2018-6-29 17:44 | |
|
|
The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This is the first time a government agency has said it will oversee crypto exchanges.
2018-6-15 06:36 | |
|
|
The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This will obligate crypto exchanges to follow anti-money laundering directives like banks do.
2018-6-15 03:50 | |
|
|
| Analogue Notcoin - TapSwap |
DWF Labs was first hit by market manipulation accusations in September 2023.