News about SOUTH KOREA

News about South Korea

South Korea Seeks to Freeze North's Crypto Assets Under New Law ... - Bitcoin.com News

South Korea Seeks to Freeze North's Crypto Assets Under New Law ...& & Bitcoin.com News

South Korea Seeks to Freeze North’s Crypto Assets Under New Law

The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the ai...

Expanding Crypto Services: South Korea's KEB Hana Bank Partners with BitGo

KEB Hana Bank, one of South Korea's largest banks, is teaming up with BitGo Trust Company, a contributor in the cryptocurrency custody business. The goal of this partnership is to provide digital asset custody services in South Korea. Digital asset c...

South Korean Hana Bank and BitGo to launch joint crypto custody venture

Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank digital currencies and private stablecoins. South Korean Parliament i...

South Korean Hana Bank enters crypto custody business with BitGo

KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. One of the largest South Korean banks, KEB Hana Bank, is movi...

South Korea plans to submit bill to freeze North’s crypto assets: Report

The cybersecurity bill’s latest version reportedly contains ways to “track and neutralize” crypto and digital assets stolen by North Korea, according to a local media report....

Crypto Lending Firm Delio Faces Regulatory Sanctions for Compliance Failures in South Korea

South Korean crypto asset management firm Delio has been fined KRW 1.896 billion and suspended for three months by the Financial Services Commission's Financial Intelligence Unit due to non-compliance with financial transaction laws. (Read More)

Ramping up Blockchain Education Can Help Make South Korea the ... - Bitcoin.com News

Ramping up Blockchain Education Can Help Make South Korea the ...& & Bitcoin.com News

Maker (MKR) price soars amid South Korea expansion push

Maker price rally continued on Friday as cryptocurrencies recoiled. The coin reacted to Maker’s push in South Korea. Maker (MKR) price rally continued as investors watched the expansion of the network in South Korea, one of the biggest pl...

Ramping up Blockchain Education Can Help Make South Korea the World’s Crypto Leader, Says Hashed CPO Edward Hong

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 he...

South Korean Lawmaker in Crypto Scandal Survives Expulsion Vote

Rep. Kim Nam-kuk, the independent South Korean lawmaker facing scrutiny over his crypto holdings, has retained his seat in the country’s National Assembly. A parliamentary ethics subcommittee’s bipartisan vote to expel the first-time legislator ended...

South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3–3 vote in the expulsion motion. South Korea’s parliamentary ethics subcommit...

South Korean parliament rejects motion to expel lawmaker over ... - Cointelegraph

South Korean parliament rejects motion to expel lawmaker over ...& & Cointelegraph

South Korean Millennials Favor Ripple's XRP Over Bitcoin and ... - Crypto News Flash

South Korean Millennials Favor Ripple's XRP Over Bitcoin and ...& & Crypto News Flash

South Korean Crypto Exchanges To Face New Reserve Requirement Starting September

South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2.3 million). This move comes as South Korea seeks to fortify consumer...

Navigating Change: South Korea's Crypto Exchanges Brace for New Reserve Requirement

Amidst a dynamic landscape in the South Korean crypto asset landscape, exchanges are bracing for change, with the Korea Federation of Banks issuing real-name account operation guidelines that demand a minimum reserve of 3 billion Korean won (USD $2.3...

Naver Corp unveils South Korea’s answer to ChatGPT and generative AI

South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text. South Korean...

GenZ's Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum - Bitcoinist

GenZ's Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum& & Bitcoinist

GenZ’s Crypto Rebellion: South Korean Youth Chooses XRP Over Bitcoin And Ethereum

South Korea, known for its tech-savvy populace and a strong inclination towards crypto investments, has thrown a new trend into the spotlight concerning XRP. A recent report from the South Korean news outlet News1 Korea indicates that the nation̵...

Young South Koreans prefer XRP to Bitcoin and Ethereum - crypto.news

Young South Koreans prefer XRP to Bitcoin and Ethereum& & crypto.news

GenZ in South Korea prefer XRP and other altcoins to BTC and ETH: Report

A report from a local South Korean publication found that 20% of GenZ investors in the country have XRP as their most selected altcoin. GenZ cryptocurrency investors...

Gen Z in South Korea prefers XRP and other altcoins to BTC and ETH: Report

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South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders

The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seve...

South Korean city to seize crypto from thousands of tax evaders: Report

City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government. The South Korean city of Cheongj...

SEC And South Korea Are Tag-Teaming Against Terraform Labs, Here’s Why

The United States Securities and Exchange Commission (SEC) has doubled its investigation efforts on Terraform Labs by teaming up with the South Korean government to gather more evidence into Terraform Labs’ operations. SEC And South Korea Agai...

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