South Korean Martial Law Delays Crypto Reforms
The measures implemented by South Korea, which were considered essential for the modernisation of the country's crypto sector, are currently in a state of uncertainty.
The announcement of…
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South Korea’s short-lived military rule leads to a record $34 billion in crypto trade in the…
Over the past 24 hours, South Korean crypto exchanges have recorded a trading volume of more than $34 billion. This occurred during the period in which the president of the country declared…
South Korea’s Democratic Party delays crypto tax by 2 years
The Democratic Party of South Korea had previously opposed an additional delay, contending that it was a political ploy by the ruling party.
The Democratic Party of South Korea has…
South Korea’s bold rate cut has sparked optimism regarding the economic recovery
South Korea implemented a radical rate reduction, reducing the key rate to 3% in order to stimulate economic growth.
The Bank of Korea's unexpected action underscores the urgency of its…
South Korea’s Upbit Exchange distributes 8.5 billion won to victims of a crypto fraud
Upbit reimbursed 380 victims of cryptocurrency forgeries 8.5 billion won through the use of sophisticated fraud detection and collaboration with the South Korean police.
Upbit, South…
South Korean authorities arrest $213 million crypto scamsters
The South Korean police have apprehended 215 members of a fraud organization.
The South Korean government has allegedly dismantled a cryptocurrency fraud operation that defrauded more…
South Korea’s Bithumb wants to go public in the United States
Bithumb, a South Korean exchange, is purportedly contemplating the possibility of entering the United States market.
Earlier today, the company disclosed this strategy at a shareholder…
South Korean legislators claim that their wallets are “overflowing with cryptocurrency…
Lawmakers in South Korea maintain that their crypto wallets are essentially "crypto dust" and that they are attempting to distance themselves from token ownership.
Several prominent…
South Korean Customs Link Crypto and Telegram to Drug Smuggling Rise
According to South Korean Customs officials, the utilization of cryptocurrency has resulted in an increase in narcotic smuggling.
Authorities recovered 769 kilograms of narcotics in…
South Korean Financial Supervisory Service to Conduct Illegal Transaction Inspections of Crypto…
The Financial Supervisory Service (FSS) of South Korea is preparing to conduct inspections of cryptocurrency exchanges in order to identify any illicit transactions.
FSS will inspect two…
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