South Korea

South Korea: Authorities arrest 25 Kimchi premium traders
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26 September, 2022

South Korea: Authorities arrest 25 Kimchi premium traders

Police in South Korea said the 25 processed $72,000 in illegal BTC trades throughout 2021 on OTC trading platforms, violating...
South Korean financial institutions may bear brunt of new US digital asset control measure
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22 September, 2022

South Korean financial institutions may bear brunt of new US digital asset control measure

South Korea doubles down on efforts to track the origins of illegal virtual currency transactions as the U.S. warns of...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
South Korea aims to invalidate Terra founder Do Kwon’s passport: report
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20 September, 2022

South Korea aims to invalidate Terra founder Do Kwon’s passport: report

Prosecutors in South Korea filed a request with the Foreign Ministry to invalidate the passport of Kwon and four others...
South Korea: Digital assets can be subjected to securities law
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19 September, 2022

South Korea: Digital assets can be subjected to securities law

Financial Supervisory Service Governor Lee Bok-hyun argued that caution should be exercised in passing judgments on whether or not a...
South Korea’s Ministry of Science rules out applying old gaming regulations on metaverse
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18 September, 2022

South Korea’s Ministry of Science rules out applying old gaming regulations on metaverse

To foster innovation and speed up the adoption of the metaverse, South Korea looks to apply new laws to the...
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