South Korea

South Korea: Arrest warrant for former Terraform Labs employees dismissed
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5 December, 2022

South Korea: Arrest warrant for former Terraform Labs employees dismissed

A court in South Korea dismissed the arrest warrants against former Terraform Labs workers, comprising four engineers and three early-stage...
Terra co-founder Daniel Shin faces fresh fraud charges
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1 December, 2022

Terra co-founder Daniel Shin faces fresh fraud charges

Daniel Shin allegedly ignored warnings from the Financial Supervisory Service and continued telling investors that Terra's stablecoin would debut on...
South Korea seeks improved digital economy with blockchain-based online voting
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30 November, 2022

South Korea seeks improved digital economy with blockchain-based online voting

Experimenting since 2013, South Korea is looking to see its plans to establish a blockchain-based online voting system comes to...
New bill wants South Korean exchanges to compensate users for sudden halt in withdrawals
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28 November, 2022

New bill wants South Korean exchanges to compensate users for sudden halt in withdrawals

The Financial Services Commission supports a new bill that will require exchanges to compensate users if they halt withdrawals as...
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
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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
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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...
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