News about SOUTH KOREA

News about South Korea

Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea

Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while makin...

Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea - Bitcoin.com News

Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea& & Bitcoin.com News

Bitcoin Price in South Korea Sees Largest Discount Since October 2023

According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in S...

Bitcoin Price in South Korea Sees Largest Discount Since October 2023 - Bitcoin.com News

Bitcoin Price in South Korea Sees Largest Discount Since October 2023& & Bitcoin.com News

South Korea Hits Worldcoin With Nearly $1 Million Fine–Here’s What Happened

South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine on Tools for Humanity, the developer behind the Worldcoin project, for violating local data privacy laws. The commission announced that the company was fined over 1.1...

Worldcoin and Tools for Humanity Fined in South Korea

Worldcoin, the biometric identification project, and its parent company, Tools For Humanity (TFH), have been fined by the Personal Information Protection Commission (PIPC), South Korea’s data protection agency, for violating the Personal Inform...

South Korea Reminds Crypto Scammers of Possible Life Sentence If Loses Exceed $4 Million - Decrypt

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South Korea Warns Crypto Firms as $4 Million Threshold Risks Life Sentence

South Korea's financial regulator is ramping up oversight of the virtual asset market. It is warning of severe consequences for illegal transactions just two months after implementing new protective legislation. Cryptocurrency scammers can now serve...

South Korea fines Worldcoin and Tools For Humanity for data privacy violations

South Korea’s Personal Information Protection Commission announced today that it has fined Tools for Humanity over $830,000 for local privacy law violations. Tools for Humanity, the developer behind Worldcoin, welcomed the announcement and added tha...

Bitcoin's South Korea Discount Hits Highest Since October 2023 - CoinDesk

Bitcoin's South Korea Discount Hits Highest Since October 2023& & CoinDesk

South Korea’s FSC Endorses Nonprofit to Secure Crypto Assets after Exchange Closures

The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed at protecting virtual assets for consumers in the event that a cryptocurrency exchange goes out of...

South Korean gaming powerhouse Nexon aims to extend lifespan of games with blockchain technology

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South Korea, Hong Kong Lead Crypto Market Growth in East Asia - Bitcoin.com News

South Korea, Hong Kong Lead Crypto Market Growth in East Asia& & Bitcoin.com News

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chai...

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il,...

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats - Bitcoin.com News

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats& & Bitcoin.com News

South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices

South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compl...

South Korea to inspect crypto exchanges for suspicious transactions

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South Korea Investigates Telegram Over Deepfake Crime Allegations

South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for similar investigations. “Telegram d...

Crypto ‘Mastermind’ Allegedly Behind $3,360,000 Scheme Arrested in South Korea: Report