Browsing Tag
South Korea
199 posts
South Korean FIU unveils more AML restrictions in light of crypto crimes
South Korea’s Financial Intelligence Unit wants to strengthen anti-money laundering measures, specifically by enhancing ways to monitor crypto…
Crypto Transaction Turns Deadly: Chinese Man Murdered in South Korean Luxury Hotel
A violent crime in Jeju City, South Korea, has highlighted the dangers of cryptocurrency transactions conducted in unregulated…
South Korea launches official crypto crime prosecution unit
The Seoul Southern District Prosecutors’ Office has launched a formal joint investigation unit that exclusively tackles crypto-related crimes…
Crypto crime: Chinese man killed in South Korea during crypto trade
Police in Jeju, South Korea, are investigating the murder of a Chinese national believed to have been killed…
Korea’s Supreme Court rules failed TerraUSD and LUNA not financial investment products: report
South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet…
South Korea’s Upbit launches AI agent token VIRTUAL
South Korea’s largest crypto exchange launches trading support for the Virtuals Protocol token on its platform on Jan.…
Upbit and Bithumb to compensate investors for the 2024 martial law outage
The declaration of Martial law in South Korea on December 3, 2024, caused chaos for crypto exchanges like…
Upbit, Bithumb to pay largest ever compensation for system failures during martial law
South Korean crypto exchanges Upbit, Bithumb have agreed to compensate users with the largest payout ever following system…
South Korea Targets Crypto Price Manipulation in First Action Under New Act
South Korean financial authorities – Financial Services Commission (FSC) and Financial Supervisory Service (FSS) – reported a suspect…
South Korea to draft next crypto regulation bill by year-end: report
South Korea kicks off talks on the second phase of crypto regulations, focusing on stablecoins and user protection,…