South Korean banks are showing keen interest in Certificate of Deposit (CD) tokens as potential replacements for stablecoins. Industry sources revealed that Hana Bank plans to...
The South Korean government has updated its crypto regulations, requiring companies in the crypto market to include their activities in their financial statements. According to the...
The South Korean Parliament has passed its first independent digital-asset bill to promote investor protection. The Virtual Asset User Protection legislation integrates 19 crypto-related bills, defining...
A High Court in Seoul, South Korea, has ruled on a case stating that Bitcoin is not money and should not be treated with the same...
The founder of the collapsed crypto platform, Terra-LUNA, owns no property in South Korea, according to reports from local media attributed to prosecutors in the country....
As the crypto market continues to move up and down in its regular market pattern in a bear market, amidst the various events of crypto company...
South Korea stands as one of the forefront Asian nations driving the adoption of the blockchain and cryptocurrency. This spans from the use of blockchain to...
The purported founder of Bithumb, South Korea’s largest crypto exchange, who is also an ex-chairman of the exchange has allegedly been apprehended on embezzlement charges. Also...
The Central Bank of Korea has released a proposal on the issuance of stablecoins in the country. The report revealed that issuers of stablecoins in South...
South Korea plans to launch a digital identity for all her citizens. However, according to the report, this new system will be built on blockchain technology...
In a public notice, the South Korean Ministry of Foreign Affairs announced that it would invalidate Terralabs CEO Do Kwon’s passport. This could be considered in...
Two weeks after South Korean prosecutors issued a warrant for the arrest of its chief executive, Do Kwon, the agency behind failed cryptocurrencies TerraUSD and LUNA...
Financial Times has reported that security authorities from South Korea have sent a plea to Interpol to authorise a red notice for Do Kwon. Do Kwon...
South Korea to run a separate security tokens market by its native Korea Exchange. The guidelines for security tokens in South Korea are likely to be...
Police in South Korea can now collect traffic fines from offenders by seizing cryptocurrencies they own. This started in the city of Gunpo, Northwestern Gyeonggi province,...
Employees working with Terraform who reside in South Korea have been banned from moving out of the country. This happened a few months after the crypto...
Financial Services Commission in South Korea has revealed it’ll shut down 11 cryptocurrency exchanges in the country. These exchanges are allegedly engaging in fraudulent bank account...
A South Korean Professor has designed a toilet that pays you in Cryptocurrency for using it. The toilet is currently installed at a University in South...
With recognition comes regulation. Although the crypto world has thrived on decentralization since its birth, it seems that that privilege may not last for very long...