South Korea

Paycoin in a race to secure banking partnership after South Korea license suspension
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19 January, 2023

Paycoin in a race to secure banking partnership after South Korea license suspension

Paycoin, whose token is used in South Korea for payments, was ordered to secure a bank partner or have its...
South Korea: Bithumb under probe yet again over tax evasion
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14 January, 2023

South Korea: Bithumb under probe yet again over tax evasion

The South Korean National Tax Service believes that Bithumb may have been engaged in tax evasion, an offense punishable by...
Huobi Korea wants to sever link with Huobi Global, plans to change name: report
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12 January, 2023

Huobi Korea wants to sever link with Huobi Global, plans to change name: report

Huobi Korea's move comes after multiple consultations with employees and relevant stakeholders, which it says "is a plan to strengthen...
The global metaverse hub: Why South Korea is investing $200M in its metaverse ecosystem
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5 January, 2023

The global metaverse hub: Why South Korea is investing $200M in its metaverse ecosystem

South Korea announced in 2022 that it was investing KRW224 billion in the metaverse, and as the year unfolded, the...
Bithumb ex-chairman not guilty of fraud charges by South Korean court
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5 January, 2023

Bithumb ex-chairman not guilty of fraud charges by South Korean court

The court's decision to absolve Lee Jung-Hoon comes a week after Bithumb's biggest shareholder was found dead while under investigation...
South Korea: Top executives of scam V Global exchange convicted
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31 December, 2022

South Korea: Top executives of scam V Global exchange convicted

Convicted employees of the now-defunct V Global exchange have risen to seven, with two C-level executives being the latest to...
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