Kang Jong-hyun, the suspected owner of South Korea’s largest crypto exchange, Bithumb, was arrested on charges of alleged embezzlement. Kang was accused of stealing 60 billion...
The National Tax Service (NTS) of South Korea is conducting a “special tax examination” on Bithumb Korea and Bithumb Holdings. The authorities have also looked into...
The government of South Korea aims to build Busan City as the blockchain center of Asia. Busan City was officially designated as a regulation-free blockchain zone...
South Korean authorities contemplate the outcome of new bill around listing of cryptocurrencies However, South Korean regulators were divided on the idea As per a local...
South Korea has begun a probe into cryptocurrency exchanges in the country in relation to offering native tokens, as per a local news report. The Korea...
The Bank of Korea, the central bank of South Korea, has successfully tested a program facilitating remittances across countries by linking central bank digital currencies (CBDCs)...
According to a statement released on 26 October, Busan, South Korea’s second-largest city and aspiring blockchain hub, has signed commercial partnerships with Gate.io and Crypto.com to...
As per the South Korean news agency Yonhap, the prosecutors in South Korea are seeking Lee Jung-hoon, the former head of the cryptocurrency trading company Bithumb,...
The Financial Service Commission (FSC), South Korea’s leading financial watchdog, believes that stablecoins and cryptocurrencies may make it easier to launder money. As a result, it...
South Korea is planning to introduce blockchain-based digital IDs for its citizens with a smartphone by 2024, according to Bloomberg. These digital IDs will be installed...