south korea

CDCROP: South Korean flag (KINNYtv/Pixabay)
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.
CDCROP: South Korean flag (KINNYtv/Pixabay)

CDCROP: Bithumb website (Shutterstock)
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.
CDCROP: Bithumb website (Shutterstock)

South Korea Holds Presidential Election
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.
South Korea Holds Presidential Election

Bithumb app
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.
Bithumb app

Metaverse Seoul  (opengov.seoul.go.kr)
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.
Metaverse Seoul  (opengov.seoul.go.kr)

CDCROP: Bithumb website (Shutterstock)
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.
CDCROP: Bithumb website (Shutterstock)

CDCROP: Bithumb website (Shutterstock)
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.
CDCROP: Bithumb website (Shutterstock)

Seoul (Image credit: Unsplash/Yohan Cho)
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.
Seoul (Image credit: Unsplash/Yohan Cho)

CDCROP: DO KWON (Terra, modified by CoinDesk)
Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports
The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.
CDCROP: DO KWON (Terra, modified by CoinDesk)

Seoul, South Korea. (Ciaran O'Brien/Unsplash)
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.
Seoul, South Korea. (Ciaran O'Brien/Unsplash)