South Korea

South Korea: Prosecutors raid digital assets exchanges in Terra investigation
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22 July, 2022

South Korea: Prosecutors raid digital assets exchanges in Terra investigation

Investigators from the Seoul Southern District Prosecutors Office searched the offices of several digital assets exchanges to seize records and...
South Korea to start real-world testing of CBDC with 10 commercial banks: report
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18 July, 2022

South Korea to start real-world testing of CBDC with 10 commercial banks: report

The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs
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17 July, 2022

South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs

The South Korean fintech giant expects the investment to create 10,000 jobs in the Web3 space and says it will...
US, South Korea agree to share investigation data related to Terra collapse
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11 July, 2022

US, South Korea agree to share investigation data related to Terra collapse

South Korea has agreed with the United States to share digital asset crime investigation data and make joint efforts to...
South Korea imposes departure ban on Terraform Labs employees
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23 June, 2022

South Korea imposes departure ban on Terraform Labs employees

The move is to ensure Terraform employees are available for the ongoing investigation of the crash of the blockchain's LUNA...
South Korean exchanges team up to prevent another Terra-like crash
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17 June, 2022

South Korean exchanges team up to prevent another Terra-like crash

Five of the country's top exchanges, including Upbit, Bithumb, Coinone, Korbit, and Gopax, have agreed to form a joint council...
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