A recent investigation revealed that over a dozen crypto firms inadvertently hired undercover IT workers from North Korea, resulting in significant cybersecurity and legal risks. As...
South Korean authorities have launched an investigation into the encrypted messaging app Telegram to determine whether it has been complicit in the distribution of sexually explicit,...
North Korean hackers have reportedly launched a new cyberattack campaign targeting South Korean cryptocurrency firms, using a unique malware variant dubbed “Durian”. The notorious North Korean...
The South Korean government has introduced a new digital system to track tax evaders’ cryptocurrency transactions. In a bid to crack down on tax evaders, the...
South Korea’s ruling party, the People Power Party, is considering including specific measures related to virtual assets in its upcoming general election pledges. One key consideration...
South Korea is implementing stringent measures against cryptocurrency crimes through its inaugural law designed to safeguard digital asset investors. The new law, set to be effective...
Montenegro police have announced that the former financial officer of Terraform Labs, Han Chang-joon, has been successfully extradited to South Korea. This comes after Han completed...
The Financial Services Commission of South Korea plans to implement revised virtual asset service provider reporting requirements by the end of March 2024. South Korea’s financial...
In response to the SEC’s approval of spot Bitcoin ETFs in the United States, the Office of the President of the Republic of Korea has urged...
A recent study by TRM Labs reveals that hackers associated with North Korea successfully pilfered a staggering $600 million in cryptocurrency during 2023. Further investigations into...
South Korea’s financial regulator, the Financial Services Commission (FSC), has submitted a proposal aimed at regulating the use of credit cards by its citizens to buy...
The South Korean financial regulators have announced a program for the public to report unlicensed cryptocurrency exchanges operating within the country. In an announcement on Dec....
The Bank of Korea has announced plans to launch a pilot program for retail Central Bank Digital Currency (CBDC) in Q4 2024. The program will involve...
One of the world’s third-largest pension funds, South Korea’s National Pension Service, has made an unexpected move by significantly investing in Coinbase shares. This move was...
The Bank of Korea (BOK) has revealed its plans for a pilot program aimed at investigating the technicalities of a Central Bank Digital Currency (CBDC). This...
A South Korean gaming firm, NHN, has entered a partnership with Mysten Labs to build and launch crypto games using the Sui blockchain. NHN has become...
Busan, the second-largest city in South Korea, is making notable advancements using blockchain technology. The city is constructing a blockchain mainnet at the city level that...
The Korea Customs Service reported that individuals conducted illegal foreign exchange transactions involving digital currency, estimating the total value at approximately $4 billion last year. South...
Recent reports indicate that Delio, a Bitcoin lending firm based in South Korea, intends to take legal action against the Financial Service Commission (FSC) for allegedly...
