South Korea

South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
-
26 November, 2022

South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets

The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual...
South Korean authorities freeze over $104M belonging to Terra co-founder
-
24 November, 2022

South Korean authorities freeze over $104M belonging to Terra co-founder

Terra co-founder Shin Hyun-seung denies allegations that he violated the South Korean capital markets law, which led to the freezing...
South Korea probes exchanges listing native tokens after FTX collapse
-
23 November, 2022

South Korea probes exchanges listing native tokens after FTX collapse

South Korea’s Financial Services Commission is investigating exchanges that have listed their native tokens, with Flata exchange as the main...
South Korea: Daniel Shin’s Chai Corp. offices raided over alleged links with Terra
-
21 November, 2022

South Korea: Daniel Shin’s Chai Corp. offices raided over alleged links with Terra

Prosecutors stormed Chai Corporation, the payments technology company founded by Daniel Shin, on the allegations that it misused its customers'...
South Korea: Authorities accuse Do Kwon of manipulating Luna tokens’ price
-
8 November, 2022

South Korea: Authorities accuse Do Kwon of manipulating Luna tokens’ price

The prosecutors say that the evidence was gleaned from a “messenger conversation” between Do Kwon and an ex-employee of Terraform...
South Korea to impose tougher punishments for digital asset fraud
-
3 November, 2022

South Korea to impose tougher punishments for digital asset fraud

If the law scale through the legislative processes, it could bring the penalties for digital asset fraud to be at...
Advertisement