South Korea

South Korea ‘crypto’ whales in financial regulator’s sights amid money laundering woes
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28 October, 2022

South Korea ‘crypto’ whales in financial regulator’s sights amid money laundering woes

South Korea is going hard on its efforts to monitor the digital asset industry as money laundering cases become rampant,...
South Korea: Prosecutors seek 8-year jail term for Bithumb’s ex- chairman
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27 October, 2022

South Korea: Prosecutors seek 8-year jail term for Bithumb’s ex- chairman

The massive losses incurred by investors over Bithumb's failure to list BXA tokens and acquire BK Group warrants an eight-year...
LUNA/UST investors on the hunt for Do Kwon, who’s ‘not on the run’
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21 October, 2022

LUNA/UST investors on the hunt for Do Kwon, who’s ‘not on the run’

Investors who got rekt after investing in LUNA/UST are now taking it upon themselves to pursue Kwon, who says charges...
Singapore to help South Korean fintech companies get a head start in the country
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20 October, 2022

Singapore to help South Korean fintech companies get a head start in the country

Singapore's Fintech Association (SFA), in association with Banks Foundation for Young Entrepreneurs, have teamed up to create 80RR, a co-working...
Terra’s Yoo Mo released in South Korea after his arrest warrant is dismissed
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13 October, 2022

Terra’s Yoo Mo released in South Korea after his arrest warrant is dismissed

Yoo Mo was arrested last week on charges of violating the Capital Markets Act as a key member of the...
South Korea’s financial watchdog declares support for digital assets amid crackdowns
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12 October, 2022

South Korea’s financial watchdog declares support for digital assets amid crackdowns

It appears that the FSC is making a U-turn and has announced that it will promote the use of digital...
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