South Korea

South Korea police raid Bithumb exchange over alleged fraud: report
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3 September, 2020

South Korea police raid Bithumb exchange over alleged fraud: report

BXA token holders are looking to press charges against Bithumb for falsely advertising the token sale, according to local news...
South Korea central bank seeks partner to build its CBDC architecture
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3 September, 2020

South Korea central bank seeks partner to build its CBDC architecture

Bank of Korea is looking for a firm to partner with on the CBDC’s second phase which involves building the...
South Korea’s Coinbit seized over market manipulation claims
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28 August, 2020

South Korea’s Coinbit seized over market manipulation claims

An analysis of transactions reportedly showed that Coinbit allegedly manipulated up to 99% of its total transaction volume.
Upbit becomes first exchange to gain 4 licenses in Thailand
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18 August, 2020

Upbit becomes first exchange to gain 4 licenses in Thailand

The licenses will allow Upbit Thailand to offer services in four categories: digital token exchange, digital token broker, digital currency...
South Korean city to issue blockchain-based digital gift certificates
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14 August, 2020

South Korean city to issue blockchain-based digital gift certificates

Seongnam city will issue gift certificates to its residents via the Chak mobile app, and residents will be able to...
South Korea’s largest bank to store and manage digital assets
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13 August, 2020

South Korea’s largest bank to store and manage digital assets

Kookmin Bank’s move into digital currency custody comes at a time when regulators have progressively taken a positive approach towards...