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South Korea

South Korea financial regulator wants digital asset firms to disclose holdings
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19 July, 2023

South Korea financial regulator wants digital asset firms to disclose holdings

The new disclosure requirement is geared toward creating "more consistent and clear information about companies that issue or hold virtual...
South Korea: Prosecutors pursuing Do Kwon plan to launch new investigation unit
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18 July, 2023

South Korea: Prosecutors pursuing Do Kwon plan to launch new investigation unit

To avoid events like Terra's collapse from recurring, South Korea dedicates its efforts to creating its first-ever investigation unit focusing...
South Korea: Financial regulator wants staff to disclose digital currency holdings
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14 July, 2023

South Korea: Financial regulator wants staff to disclose digital currency holdings

South Korea’s Financial Services Commission move is in response to the request of the country’s Anti-Corruption and Civil Rights Commission.
Terra co-founder Daniel Shin faces first court hearing in South Korea
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12 July, 2023

Terra co-founder Daniel Shin faces first court hearing in South Korea

The South Korean court noted that it would study the submissions of Daniel Shin's legal team; both parties are expected...
South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
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7 July, 2023

South Korea passes bill aimed at protecting consumers a year after Terra’s collapse

The latest bill comes with severe consequences for breachers but pundits claimed that the regulation is stuck in the perspective...
South Korean telecom giant KT to invest $5.3 billion in AI by 2027
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29 June, 2023

South Korean telecom giant KT to invest $5.3 billion in AI by 2027

The South Korean telecommunication firm, KT Corporation, is invested in the intersection of AI and robotics as well as in...
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