South Korea

South Korea finance giants eye digital asset exchanges by H1 2023
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25 August, 2022

South Korea finance giants eye digital asset exchanges by H1 2023

Top guns in South Korea’s finance market are backing President Yoon Suk-yeol's digital assets campaign with a plan to launch...
South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges
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23 August, 2022

South Korea: FSC takes action against 16 unregistered foreign digital asset exchanges

The FSC said that the unregistered exchanges were brought to its notice by its sub-unit responsible for overseeing the registration...
South Korea pilots digital assets seizure for traffic fines settlement
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21 August, 2022

South Korea pilots digital assets seizure for traffic fines settlement

The coronavirus pandemic has led to the adoption of a new method that allows South Korean police to collect digital...
South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions
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19 August, 2022

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets...
South Korea: Financial authorities to review digital asset legislation
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17 August, 2022

South Korea: Financial authorities to review digital asset legislation

Financial Services Commission Chair Kim Joo-hyun said the commission will maintain a balance that fosters innovation in blockchain development while...
South Korea bust 3 in connection with $3B digital asset-related probe
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16 August, 2022

South Korea bust 3 in connection with $3B digital asset-related probe

The Daegu District Prosecutor's Office brought several charges on the three as they were alleged to have set up paper...