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Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto
19.1.2026
South Korean customs officials said they arrested three China nationals and have referred them for prosecution. They allegedly used an unauthorized crypto exchange to launder assets
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea postpones decision on corporate crypto investments
15.1.2025
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading
South Korea allows division of crypto in divorce settlements
10.10.2024
South Korean law now allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets
South Korea allows division of crypto in divorce settlements
10.10.2024
South Korean law allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets, law firm says
South Korea's strict laws on crypto exchanges come into force
20.7.2024
The new regulations issued by South Korea’s watchdog to protect user assets on crypto exchanges went into effect on July 19
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
13.7.2024
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload...
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
South Korea Launches Investigation Into Worldcoin’s Data Collection Practices
6.3.2024
The government of South Korea has opened an investigation into Worldcoin, the iris scanning cryptocurrency and digital wallet project. According to a press release, the Personal Information Protection Commission, the data privacy watchdog in the country, will investigate the actions taken...
South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions
15.2.2024
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency...
South Korean Prosecutor in Court for Passing Information to a Virtual Asset Investment Fraudster
1.2.2024
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District Prosecutor’s Office, the acts by the prosecutor...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
Ramping up Blockchain Education Can Help Make South Korea the World’s Crypto Leader, Says Hashed CPO Edward Hong
31.8.2023
According to Edward Hong, the chief platform officer (CPO) at the early-stage venture firm Hashed, South Korea’s decision to delay putting in place a comprehensive crypto regulatory framework seems to be more of a strategic move rather than hesitation. Hong insisted that the perceived delay...
South Korea investigates crypto exchanges for listing native tokens
20.11.2022
Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020