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Montenegro extradites former Terraform Labs CFO to South Korea
According to an official notice, Montenegro has extradited Han Chang-joon, the former CFO of Terraform Labs, to South Korea following his arrest last year alongside Terra co-founder Do Kwon. Charged with using falsified travel documents, both individuals were sentenced to four months in prison by a Montenegro court. дальше »
2024-2-6 16:34 | |
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Tackling Ticket Reselling with NFT Solution in South Korea
South Korean artists combat ticket reselling using blockchain and NFTs, with Hyundai Card's new system for an NFT ticket solution. The post Tackling Ticket Reselling with NFT Solution in South Korea appeared first on NFT News Today. дальше »
2024-1-27 01:10 | |
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KT Corporation’s NFT Platform MINCL To Shut Down
Discover the reasons behind the shutdown of MINCL, South Korea's once-promising NFT platform, and its impact on the metaverse industry. The post KT Corporation’s NFT Platform MINCL To Shut Down appeared first on NFT News Today. дальше »
2024-1-26 12:19 | |
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Manta Network (MANTA) faces money laundering allegations following Binance listing
The layer2 platform Manta Network encounters scrutiny following money laundering accusations in South Korea. The allegations emerged after the asset attained listing on exchanges Binance, KuCoin, and Bithumb. дальше »
2024-1-19 10:18 | |
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South Korean Authorities Set to Crackdown on Crypto Mixers
A recent report sheds light on South Korea's lack of regulatory oversight on cryptocurrency mixers, as the Financial Intelligence Unit (FIU) actively explores measures to curb their use. The post South Korean Authorities Set to Crackdown on Crypto Mixers appeared first on BeInCrypto. дальше »
2024-1-16 04:04 | |
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South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges." дальше »
2024-1-4 19:54 | |
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Bitrue Launched Copy Trading – An Effortless Earning Mode For User
Bitrue, established in 2018, is a global top-10 cryptocurrency trading platform. As of now, the platform serves over 10 million users worldwide, spanning across 100 countries and regions, including Europe, Japan, South Korea, SEA, Hong Kong, Taiwan, etc. дальше »
2024-1-4 17:28 | |
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South Korea proposes restrictions on the use of credit cards for crypto transactions
South Korea’s financial regulator, the Financial Services Commission (FSC) recently proposed a new amendment to the Credit Finance Act, which will introduce significant restrictions on the use of credit cards for cryptocurrency. дальше »
2024-1-4 15:06 | |
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South Korean Watchdog Seeks to Forbid Buying Crypto with Credit Cards
Explore the South Korea Financial Services Commission stand against using credit cards to buy cryptocurrency. The post South Korean Watchdog Seeks to Forbid Buying Crypto with Credit Cards appeared first on BeInCrypto. дальше »
2024-1-4 09:45 | |
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Wemade Discloses $41 Million Unpaid Tax Debt After Launching Web3 Fund
Wemade faces tax issues in South Korea while advancing in the digital realm with a new $100M Web3 fund, balancing regulatory challenges and innovation. The post Wemade Discloses $41 Million Unpaid Tax Debt After Launching Web3 Fund appeared first on NFT News Today. дальше »
2024-1-4 08:45 | |
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Starbucks Korea Embraces NFTs for Eco-Friendly Consumer Engagement
Starbucks Korea introduces NFT wallet for sustainable consumer practices, combining digital innovation with eco-friendly initiatives in its new campaign. The post Starbucks Korea Embraces NFTs for Eco-Friendly Consumer Engagement appeared first on NFT News Today. дальше »
2023-12-28 17:27 | |
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South Korea to Make Officials' Crypto Disclosures Public
Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings. дальше »
2024-1-2 13:37 | |
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South Korea’s Financial Chief Reportedly Plans Crypto Discussion with Gary Gensler
Join Yoo Bok-hyun, South Korea's Financial Services Commission chief, on a groundbreaking journey shaping the future of international crypto regulations. As Yoo prepares for a crucial visit to the U. дальше »
2023-12-21 03:21 | |
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Bedbugs on Blockchain: South Korea Experiments With DLT to Fight Pest Infestation
In a fusion of technology and public health, blockchain engineer Kang Jae-gu has launched a data-centric initiative to combat South Korea's escalating bedbug infestation. This novel application of blockchain technology is a testament to its expanding global influence and potential to provide solutions in diverse sectors beyond finance. дальше »
2023-12-19 10:00 | |
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New Legislation Promises Improved Protection for South Korean Crypto Investors
Explore the upcoming regulations from South Korea's Financial Supervisory Service (FSS) aimed at bolstering virtual asset investor security. The post New Legislation Promises Improved Protection for South Korean Crypto Investors appeared first on BeInCrypto. дальше »
2023-12-12 04:03 | |
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South Korea’s Crypto Interest Law Omits NFTs and CBDCs
South Korea's FSC introduces new regulations for digital asset investments, effective July 2024, focusing on interest accrual and enhanced security. The post South Korea’s Crypto Interest Law Omits NFTs and CBDCs appeared first on NFT News Today. дальше »
2023-12-12 19:57 | |
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Italy and South Korea central banks reach agreement on CBDC collaboration
On Dec. 5, Italy's Banca d’Italia and South Korea's Bank of Korea have joined forces in a pioneering agreement to share knowledge and collaborate on developing central bank digital currencies (CBDCs) and other financial technologies. дальше »
2023-12-6 20:56 | |
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US Fugitive Involved In Crypto Scheme To Aid North Korea Arrested In Spain, Faces 20-Year Term
Spanish authorities have detained Alejandro Cao de Benos, a Spanish aristocrat, over allegations that he ran a crypto scheme and recruited Ethereum (ETH) researcher Virgil Griffith to help North Korea evade international sanctions. дальше »
2023-12-5 05:00 | |
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South Korean regulators call for public reports on unlicensed crypto exchanges
Financial authorities in South Korea have established a period for users to report any unlicensed cryptocurrency exchanges operating within the country. According to the Dec. 4 update, this latest initiative is a collaborative effort between the Digital Asset Exchange Association… дальше »
2023-12-4 16:21 | |
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Actors From North Korea Steal Digital Assets Worth $3 Billion In Six Years
Hacks and thefts are some of the drawbacks that come from the wider advantages of the crypto industry, due to the anonymity of crypto transactions. According to a new report, state-sponsored hackers from North Korea have stolen around $3 billion in digital currency since 2017, with approximately 44% of stolen cryptocurrency in 2022 traced to […] дальше »
2023-12-4 19:00 | |
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Spain detains man who helped Ethereum developer Virgil Griffith enter North Korea
Spanish police have arrested a c who helped Ethereum developer Virgil Griffith violate U. S. sanctions and travel to North Korea, Reuters reported on Dec. 1. Local authorities reportedly discovered that Alejandro Cao de Benos was in Barcelona under a false identity and intended to travel by train to Madrid. дальше »
2023-12-2 00:10 | |
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U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
The U. S. Treasury Department has sanctioned the cryptocurrency mixing service Sinbad. io (Sinbad) for its role in enabling money laundering by North Korean state-sponsored hacking groups, according to a Nov. дальше »
2023-11-30 21:15 | |
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US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools. дальше »
2023-11-30 19:22 | |
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Crypto Mixer Sanctioned by U.S. Treasury for North Korea Allegations, as FBI, Dutch and Finnish Police Seize Website
The U.S. Treasury Department's Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list. дальше »
2023-11-30 18:48 | |
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South Korean central bank to launch CBDC pilot in 2024
The Bank of Korea (BOK) has unveiled plans for a pilot program to test its new central bank digital currency (CBDC), according to local media reports. The program will be conducted in collaboration with the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) and is expected to launch in 2024. дальше »
2023-11-25 05:00 | |
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Court Grants Terra Founder Do Kwon’s Extradition. The Question Is, to Where?
Former Terraform Labs CEO Do Kwon has been cleared for extradition to the US or South Korea, depending on the Montenegrin Justice Minister's decision. The post Court Grants Terra Founder Do Kwon’s Extradition. дальше »
2023-11-25 19:00 | |
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Do Kwon faces extradition after Montenegro court verdict
Terraform Labs co-founder Do Kwon could be extradited to South Korea or the US after a Montenegro court approved the process. The verdict was rendered by the High Court of Podgorica and the fugitive crypto entrepreneur’s fate now lies with the Montenegro Justice Department. дальше »
2023-11-25 17:11 | |
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Montenegro court clears path for Do Kwon’s extradition to US or South Korea
Terraform Labs founder Do Kwon faces possible extradition to either the United States or South Korea, as confirmed by an update on a court website in Montenegro on Nov. 24. The High Court of Podgorica stated that the necessary legal conditions for Kwon’s extradition to either country had been satisfied. дальше »
2023-11-24 14:34 | |
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South Korea unveils ambitious CBDC pilot, details here
The pilot will have citizens engage with the CBDC for a duration of three months. This initiative is part of BOK's broader strategy to evaluate the potential of issuing and circulating a digitaThe post South Korea unveils ambitious CBDC pilot, details here appeared first on AMBCrypto. дальше »
2023-11-24 13:30 | |
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South Korea to pilot CBDC with 100k citizens in late 2024
As per the Bank of Korea, citizens will only be able to use digital won to buy selected goods. South Korea is gearing up to launch its first pilot of a central bank digital currency (CBDC) with 100,000 citizens in… дальше »
2023-11-24 10:42 | |
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100,000 Koreans To Test New Digital Won In Central Bank’s Pilot CBDC Program
Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical stage, per a recent report. Related Reading: Bhutan Secretly Spent Millions On Its Bitcoin Mines: Report Reveals Bank of Korea Partners with Financial Authorities For Digital […] дальше »
2023-11-23 21:00 | |
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DPRK hackers impersonate South Korean officials to steal crypto
According to South Korea’s National Police Agency, the hackers stole the information of 1,468 victims between March and October 2023. North Korean hackers are now trying to lure victims by pretending to be South Korean officials and journalists in a… дальше »
2023-11-22 15:07 | |
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South Korea’s pension fund bought $20m in Coinbase shares
South Korea’s National Pension Service (NPS), holding the rank of the world’s third-largest pension fund by assets, purchased Coinbase shares worth about $20 million. According to the latest stock holding report submitted to the U. дальше »
2023-11-16 17:03 | |
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South Korea national pension fund nets 40% gain on Coinbase stock investment
South Korea’s National Pension Service (NPS) has reportedly gained a substantial 40% profit from its investment in the U. S. -based crypto exchange Coinbase stocks. According to a Nov. 15 filing with the U. дальше »
2023-11-16 15:00 | |
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South Korea’s pension fund bags 280K Coinbase shares: SEC data
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 of 2023. дальше »
2023-11-17 12:01 | |
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South Korea’s Democratic Party requires parliamentary candidates to reveal crypto holdings
The Democratic Party of Korea has introduced a policy requiring its candidates to disclose their crypto holdings ahead of the 2024 general elections, aiming to enhance transparency and address potential conflicts of interest. дальше »
2023-11-15 00:31 | |
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