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Crypto Murder Drives Urgent Need for Regulations in South Korea
A murder case in South Korea arising from a crypto dispute is forcing authorities to speed up the implementation of crypto regulations. The post Crypto Murder Drives Urgent Need for Regulations in South Korea appeared first on BeInCrypto. дальше »
2023-5-18 13:45 | |
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Japan Loses 30% Of Total Crypto Hacks In North Korea, Elliptic Reports
Japan has emerged with the highest losses worldwide from North Korean cyberattacks targeting crypto exchanges, as recent reports indicate that Japan’s financial institutions and individuals incurred approximately 30% of the total losses attributed to North Korean crypto hacking. дальше »
2023-5-16 18:40 | |
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Samsung and Bank of Korea to launch a new digital CBDC
Sumsung (KRX:005930), one of the biggest companies in the world, is considering launching a digital currency that will work with its galaxy devices. The central bank digital currency (CBDC) will be launched in collaboration with Bank of Korea, South Korea’s central bank. дальше »
2023-5-18 15:21 | |
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Samsung and Bank of Korea join forces for CBDC research
Samsung Electronics and the Bank of Korea (BOK) have announced a partnership to conduct joint research, focusing on the development of an offline payment system for a central bank digital currency (CBDC). дальше »
2023-5-16 20:48 | |
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South Korea Crypto Exchanges Upbit And Bithumb Probed Over Lawmaker’s Scandal
On Monday, a local news outlet reported that South Korea’s Upbit and Bithumb crypto exchanges are under investigation by the Seoul Southern District Prosecutors Office over suspicions concerning lawmaker Kim Nam-kuk’s digital assets. дальше »
2023-5-15 19:20 | |
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South Korea prosecutors investigating lawmaker’s crypto accounts
South Korean prosecutors are probing crypto exchanges UpBit and Bithumb as part of the investigations into the transactions of lawmaker Kim Nam-kuk. Local media reported that the Seoul Southern District Prosecutor’s Office had seized Kim’s account information from the two exchanges to check his transaction history and funding source. дальше »
2023-5-15 17:52 | |
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Bank of Korea and Samsung to research on CBDC payments via NFC, more inside
Samsung and Bank of Korea (BOK) are going to collaborate to research on CBDC for offline payments. In November 2022, the bank also designed and tested a CBDC program that simplifies cross-bordeThe post Bank of Korea and Samsung to research on CBDC payments via NFC, more inside appeared first on AMBCrypto. дальше »
2023-5-15 16:00 | |
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South Korea is researching offline CBDC payments via Samsung devices
The Bank of Korea — the country’s central bank — signed a memorandum of understanding with Samsung on May 15 to collaborate on offline central bank digital currency (CBDC) research, according to a press release. дальше »
2023-5-15 15:00 | |
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Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC
Coinspeaker Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments. дальше »
2023-5-15 13:47 | |
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Terra founder gets bail, institutional adoption surges, regulatory efforts endure | Weekly Recap
The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption… дальше »
2023-5-15 18:43 | |
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South Korea’s LG Electronics Files For NFT-Trading TV Patent
A recent report published on WIPO’s global database for intellectual property disclosed LG Electronics’ application to acquire an NFT trading patent for its Smart TV. Notably, the WIPO guide states that a filing application can only be published after 18 months. дальше »
2023-5-13 16:35 | |
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Do Kwon Pleads Not Guilty to Passport Fraud in Montenegro
The troubled co-founder of Terraform Labs responds with a plea of not guilty to new charges, this time in relation to alleged passport fraud in Montenegro. He also faces more serious charges in the United States and his home of South Korea. дальше »
2023-5-12 20:20 | |
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South Korea sets trail date for Terraform Labs co-founder Daniel Shin
The trial for Terraform Labs co-founder Shin Hyun-seung will begin in Seoul on 26 May. Local authorities have claimed that Shin's involvement in the suspected fraud was bigger than that of Do KThe post South Korea sets trail date for Terraform Labs co-founder Daniel Shin appeared first on AMBCrypto. дальше »
2023-5-11 15:00 | |
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South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse
Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022. дальше »
2023-5-11 13:54 | |
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South Korean lawmaker allegedly cashed out while legislating on crypto: Report
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. дальше »
2023-5-9 22:00 | |
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South Korean Lawmaker Under Scrutiny over Suspicious Crypto Transfers
Coinspeaker South Korean Lawmaker Under Scrutiny over Suspicious Crypto Transfers Rep. Kim Nam-kuk of the Democratic Party of Korea has allegedly withdrawn a massive 800,000 WEMIX tokens in the period between late February to early March 2022, just before the introduction of the global standard-setter FATF's travel rule on March 25, 2022. дальше »
2023-5-8 15:24 | |
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Terraform Labs Co-Founder Do Kwon Could Be Thrown In Jail For 40 Years In South Korea
Do Kwon, co-founder and former CEO of now-defunct Terraform Labs, is facing a jail term of up to 40 years in South Korea, the country where he committed most of his crimes. The prosecutor overseeing Kwon’s probe believes that the repatriation of the South Korean national would be the best way to serve justice to […] дальше »
2023-5-7 15:22 | |
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Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »
2023-5-6 23:14 | |
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South Korea and US face off over Do Kwon’s extradition
Reports indicate that South Korean prosecutors are adamant that charging Do Kwon in his home country is the best way to serve justice to Terra network victims дальше »
2023-5-5 20:13 | |
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Thriving Metaverse Landscape in South Korea
A new report on the growth of the Metaverse in South Korea highlights the burgeoning interest in the metaverse within the country. As the industry continues to grow, this report provides valuable insights into the size, trends, and dynamics of the South Korean metaverse market. дальше »
2023-5-5 17:58 | |
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Real-World Assets Lending Protocol Under Development in Korea
Asset tokenization grows in South Korea as banks seek safer ways to engage with crypto. The post Real-World Assets Lending Protocol Under Development in Korea appeared first on BeInCrypto. дальше »
2023-5-4 13:26 | |
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North Korean Bank Official Faces Federal Indictments on Crypto Laundering Charges
Coinspeaker North Korean Bank Official Faces Federal Indictments on Crypto Laundering Charges The indictments present a broader pattern of North Korean users leveraging virtual private networks (VPNs) as well as virtual digital assets to redirect revenues to North Korea. дальше »
2023-4-26 12:27 | |
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Terraform Labs co-founder indicted in South Korea
Daniel Shin, co-founder of Terraform Labs, is among ten individuals charged in South Korea, as legal repercussions from the Terra crisis continue to unfold across multiple countries. дальше »
2023-4-26 22:06 | |
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South Korea indicts Terra co-founder Daniel Shin: Report
South Korean authorities have indicted Terraform Labs co-founder Daniel Shin and nine other people on a number of counts. The assets of indictees totaling 246.8 billion won ($184.7 million) havThe post South Korea indicts Terra co-founder Daniel Shin: Report appeared first on AMBCrypto. дальше »
2023-4-25 16:00 | |
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Банк Кореи получит доступ к информации о пользователях криптобирж
Центробанк Южной Кореи получит доступ ко всей интересующей его информации о пользователях криптовалютных бирж. Предоставлять такие данные будут обязаны все торговые площадки, зарегистрированные в стране, сообщает издание The Korea Herald. дальше »
2023-4-25 08:07 | |
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US imposes sanctions on individuals for aiding North Korea
The Office of Foreign Assets Control (OFAC) of the U.S. Treasury has sanctioned three individuals for using illegal financing and illicit cyber activity to support the Democratic People's Republic of Korea (DPRK). дальше »
2023-4-25 01:57 | |
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Terra’s LUNA Token Is Shockingly Classified As A Non-Security By A South Korean Court
While the U.S. Securities and Exchange Commission (SEC) considers LUNA, the native token of the Terra ecosystem, a security, a court in South Korea has declared that it does not have attributes of a... дальше »
2023-4-25 00:39 | |
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US Treasury Department Targets Crypto Criminals Linked to North Korea
Three individuals linked to North Korea were sanctioned on Monday, according to a statement from the US Treasury. The post US Treasury Department Targets Crypto Criminals Linked to North Korea appeared first on BeInCrypto. дальше »
2023-4-25 21:10 | |
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Web3 event Korea Blockchain Week returns for 2023 edition
Korea Blockchain Week (KBW) will take place from 4th-9th September, 2023 in Seoul, South Korea. Major topics will include artificial intelligence and zero-knowledge technology. Organisers expect thousands of attendees, with speakers lined up from across DeFi, NFT and GameFi ecosystems among other sectors. дальше »
2023-4-24 18:32 | |
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Korea Blockchain Week Returns in 2023 Following Enormously Successful 2022 Edition
SEOUL, SOUTH KOREA, APRIL 24, 2023 — Korea Blockchain Week (KBW), one of the leading blockchain and Web3 events in Asia, will return for 2023 following the immense success of the 2022 edition, which was the first in-person iteration since the Covid pandemic. дальше »
2023-4-24 14:49 | |
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Bank of Korea to oversee crypto regulation
The Central bank of South Korea will over see cryptocurrency regulation according to local reports. However the move has received much criticism from the Financial stability commission. дальше »
2023-4-24 11:54 | |
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XRP is the leading altcoin in South Korea, report reveals
XRP is now the most traded coin in South Korea in 2023, according to reports from the South Korean analytical provider firm, Kaiko. The coin’s performance can be attributed to the expected positive outcome in the ongoing SEC vs. Ripple… дальше »
2023-4-20 15:25 | |
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Bitcoin Korea Premium Index Shows Signs Of Selling, Pullback Soon?
On-chain data shows the Bitcoin Korea Premium Index has been displaying signs of selling pressure, something that could result in a pullback. Bitcoin Korea Premium Index Has Turned Red In Recent Days As pointed out by an analyst in a CryptoQuant post, the selling pressure has been rising in the sector recently. дальше »
2023-4-19 21:00 | |
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Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall. дальше »
2023-4-17 11:31 | |
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