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South Korea

Singapore court rules Bithumb acquisition case in favor of exchange founder: report
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6 September, 2022

Singapore court rules Bithumb acquisition case in favor of exchange founder: report

After a years-long deliberation, former Bithumb chairman Lee Jeong-hoon won his lawsuit in Singapore against BK Medical Group chief Kim...
South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions
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4 September, 2022

South Korea: 16 arrested over alleged illegal digital assets-linked forex transactions

South Korea sees a nearly 10% rise in illegal forex transactions tied with digital assets this 2022, forcing authorities to...
South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA
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2 September, 2022

South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA

The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA),...
Levy on digital asset airdrops sought in South Korea
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26 August, 2022

Levy on digital asset airdrops sought in South Korea

South Korea heightens its digital asset regulation with the finance ministry announcing that airdropped assets are now subject to a...
South Korea finance giants eye digital asset exchanges by H1 2023
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25 August, 2022

South Korea finance giants eye digital asset exchanges by H1 2023

Top guns in South Korea’s finance market are backing President Yoon Suk-yeol's digital assets campaign with a plan to launch...
South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges
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23 August, 2022

South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges

The FSC said that the unregistered exchanges were brought to its notice by its sub-unit responsible for overseeing the registration...
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