South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
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Jan 30, 2023 at 10:33 a.m. UTC
Jan 30, 2023
south korea
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Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit, and said they will also examine relevant transactions on other exchanges.
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Jan 27, 2023 at 10:27 a.m. UTC
Jan 27, 2023
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South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
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Jan 26, 2023 at 6:00 p.m. UTC
Jan 26, 2023
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Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.
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Jan 25, 2023 at 9:07 p.m. UTC
Jan 25, 2023
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South Korea Launches Metaverse Replica of Seoul
As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access youth counseling and read e-books.
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Jan 17, 2023 at 3:43 p.m. UTC
Jan 17, 2023
Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
The former chairman of Bithumb Holdings, which operates a crypto exchange in the country, was recently acquitted of fraud charges.
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Jan 10, 2023 at 2:26 p.m. UTC
Jan 10, 2023
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
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Jan 3, 2023 at 1:01 p.m. UTC
Jan 3, 2023
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DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
The South Korean company will use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.
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Dec 13, 2022 at 1:00 p.m. UTC
Dec 13, 2022
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Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports
The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.
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Dec 12, 2022 at 9:05 a.m. UTC
Dec 12, 2022
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South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
The wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.
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Dec 8, 2022 at 3:17 p.m. UTC
Dec 8, 2022