Bitcoin News / Bitcoin.com - 1 year ago
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has bee...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea’s ruling party, the People’s Power Party is seeking to move
up the enforcement date for December to a new bill that will require lawmakers in
the country to declare their cryptocurrency holdings. Application of the new
bill is expected t...
Cryptocoins News / Finance Magnates - 1 year ago
In an ongoing probe into Rep.
Kim Nam-kuk's questionable cryptocurrency transactions, prosecutors conducted a
raid on Monday at the offices of Ozys PTE Ltd., the operator of the cryptocurrency
platform Klayswap, located in Seoul's Yeouido district.Of...
Cryptocoins News / The Cointelegraph - 1 year ago
Crypto policy-making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets. Lawmakers from South Korea are push...
Cryptocoins News / The Cointelegraph - 1 year ago
Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do. South Korean Prime Minister Han Deok-...
Bitcoin News / Bitcoin.com - 1 year ago
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the la...
Cryptocoins News / The Cointelegraph - 1 year ago
An Elliptic report commissioned by Nikkei says Asian countries account for over 60% of losses to North Korean hackers and ransomware users; lax security played a role....
Cryptocoins News / The Cointelegraph - 1 year ago
The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced. Prosecut...
Cryptocoins News / The Cointelegraph - 1 year ago
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country’s enforcement of the “Travel Rule” from the Financial Action Task Force. South Korean...
Bitcoin News / Bitcoin.com - 1 year ago
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusation...
Cryptocoins News / The Cointelegraph - 1 year ago
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred....
Cryptocoins News / Finance Magnates - 1 year ago
South Korean prosecutors made an
effort to probe a main opposition party lawmaker, Rep. Kim Nam-kuk of the
Democratic Party, over some crypto transactions he allegedly made last year.
However, they faced a stumbling block when the Seoul Southern Dist...
Bitcoin News / Google News Bitcoin - 1 year ago
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient& & Yahoo Finance
Cryptocoins News / Blockchain - 1 year ago
A South Korean court dismissed charges of security violations against former Terraform Labs CEO Hyun-seong Shin, ruling that LUNA is not a security under the country's Capital Markets Act. The court rejected the prosecution's appeal for confiscation...
Bitcoin News / Bitcoin.com - 1 year ago
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financia...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
The Terra Classic cryptocurrency created by Do Kwon does not classify as a security, a South Korean District Court ruled in February after a similar ruling back in November last year.South Korean prosecutors requested a judgment from th...
Cryptocoins News / The Cointelegraph - 1 year ago
The court says that It is difficult to see the Luna token as a financial investment product regulated by the Capital Markets Act. A South Korean district court has di...
Bitcoin News / Bitcoin.com - 1 year ago
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bankR...