South Korea

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters
-
25 November, 2024

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters

Nepal struggles to contain the rising number of fraud cases involving the digital asset class; elsewhere, South Korea's Paju City...
Upbit’s license renewal in limbo; Hong Kong tightens VASP rules
-
22 November, 2024

Upbit’s license renewal in limbo; Hong Kong tightens VASP rules

South Korea is uncertain whether Upbit will have its license renewed due to possible KYC breaches; elsewhere, Hong Kong advises...
South Korea tests digital vouchers, blockchain for item recovery
-
13 November, 2024

South Korea tests digital vouchers, blockchain for item recovery

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with...
India mulls a digital asset ban, again
-
7 November, 2024

India mulls a digital asset ban, again

In other news, in South Korea, the government is ramping up oversight over businesses that facilitate digital asset-based cross-border transfers...
Hong Kong to issue more VASP permits as South Korea tightens rules
-
16 October, 2024

Hong Kong to issue more VASP permits as South Korea tightens rules

With a new license issued to HKVAX, Hong Kong’s licensed VASPs now rose to three, and the Securities and Futures...
More trouble for Worldcoin as OpenAI faces mass exodus
-
3 October, 2024

More trouble for Worldcoin as OpenAI faces mass exodus

Worldcoin faces hurdles in South Korea due to violations tied to data collection, while OpenAI saw four of its executives...
Advertisement