Crypto News News

Life Imprisonment For South Korean Crypto Criminals Who Steal More Than Five Billion Won ($3.8 Million)

Depending on the weight of the offense, South Korean crypto criminals who steal more than five billion won may be sentenced to life.

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Crypto News News

South Korea Financial Authorities Probes Crypto Exchange OKX for Alleged Illegal Operations

South Korea’s financial authorities are investigating global crypto exchange OKX for potentially illegal operations within the country, according to local news reports.  This.

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Crypto News News

South Korea FSC Proposes New Legislation Mandating Vetting Process for Crypto Sector

South Korea’s Financial Services Commission (FSC) has proposed new legislation to its financial regulations that would give the watchdog more authority over the.

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Crypto News News

Han Chang-joon, The Former CFO Of Terraform Labs, Has Been Extradited To South Korea

Han Chang-joon, the former financial officer of Terraform Labs, has been extradited to South Korea from Montenegro, where he had been held since.

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Crypto News News

Somesing Social Karaoke Platform Hacked For Over $11.5 Million

South Korea’s crypto Karaoke platform, Somesing, has been hacked for over $11.5 million. The platform said it is working with the local police.

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Bitcoin News Crypto News News

The Office Of South Korea’s President Has Warned Financial Regulator Against Approving Spot Bitcoin ETF

The office of South Korea’s president has urged the country’s financial regulator to reconsider the possibility of approving a local spot bitcoin exchange-traded.

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Crypto News News

South Korea Will Not Lift Ban On Crypto ETFs Despite US Approval

South Korea has reiterated the ban on crypto ETFs despite US approval. South Korea has no intention of following in the footsteps of.

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Crypto News News

South Korea Proposes A Ban On Purchasing Crypto With Credit Cards

The Financial Services Commission of South Korea has proposed a ban on using credit cards for purchasing crypto.  The overall goal is to.

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Crypto News News

South Korea Proposes New Regulations For Digital Assets

South Korea’s top financial regulator has proposed new crypto asset regulations concerning non-fungible tokens (NFTs), interest on deposits, and mandatory cold wallet holdings..

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Crypto News News

US, South Korea and Japan Collaborate To Tackle North Korea Cyberattacks

National security officials in the US, Japan, and South Korea are working together on a trilateral initiative to address increasing cyber criminal activities.

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