South Korea Passes Law Requiring Disclosure of Cryptocurrency Holdings by Officials

On May 25, the South Korean National Assembly passed the "Kim Nam Guk Prevention Law," which requires legislators and high-ranking government officials to disclose their cryptocurrency holdings. дальше »

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South Korea’s Coinone rocked by crypto listing bribery scandal

In a startling turn of events, a former executive at Coinone, one of South Korea's top cryptocurrency exchanges, has admitted to receiving bribes in return for listing specific cryptocurrencies on the platform. дальше »

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Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report

A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing. дальше »

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South Korea implements crypto disclosure mandate for officials for 2024

In a unanimous decision, South Korean lawmakers have passed a new bill mandating public officials and candidates to disclose their cryptocurrency holdings starting in 2024. дальше »

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South Korea passes law requiring all officials to disclose crypto holdings

Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously passed by lawmakers and ratified on Thursday, 25 May. Strict rules around crypto holdings for public officials come after a scandal where one Kim Nam-kuk was said to have held $4. дальше »

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South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine

Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment. дальше »

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South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report

Lawmakers recently called for the Bill to take effect within two months. дальше »

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South Korea passes bill to make officials disclose Bitcoin holdings

The Kim Nam-guk Prevention Law comes in response to a scandal involving some National Assembly members moving large amounts of crypto. дальше »

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XRP Surpasses Bitcoin As the Most Traded Crypto Asset in Korean Crypto Exchanges Upbit and Bithumb

In a surprising turn of events, XRP, the native cryptocurrency of the Ripple network, has overtaken Bitcoin (BTC) as the most traded asset on the largest South Korean cryptocurrency exchanges by trading volume, Upbit and Bithumb. дальше »

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South Korean exchanges remove warnings on WAVES and KAVA

An alliance comprising five major crypto exchanges have removed warnings placed on KAVA and WAVES, stating that the reasons for the warnings has been resolved.  дальше »

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South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months. дальше »

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South Korean exchange Coinone execs indicted in paid listing, market manipulation scandal

Four individuals have been indicated in relation to a listing scandal at the South Korean crypto exchange Coinone, The JoongAng said on May 21. Two executives, two brokers indicted According to prosecutors, Coinone listing team leader Kim Mo and Coinone listing broker Hwang Mo were both indicted. дальше »

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Crypto scandal hits South Korea as executives accused of $2.2m scam

Four employees of South Korean crypto exchange Coinone have been indicted for allegedly employing illegal methods to amass profits exceeding 2.98 billion Korean won. дальше »

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Ripple scores against SEC, blockchain adoption in China and South Korea, more ETH staked| Weekly recap

Ripple secures major wins, the number of staked ETH soars to a new ATH, crypto adoption sees an uptick amid ongoing regulatory considerations дальше »

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FLOKI Listed on Major South Korean Exchange, Shibarium Beta Hits Epic Milestone, Ripple to Help Hong Kong Build CBDC: Crypto News Digest by U.Today

Read U.Today's crypto news digest to make sure you're not missing any of the latest events in the industry! дальше »

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PEPE, FLOKI step into Asia; Time's up for SHIB, DOGE?

A South Korean top exchange listed FLOKI and PEPE. While PEPE could be on the move to share DOGE and SHIB’s liquidity, FLOKI was playing catch-up. In the grand scheme of things, Shiba Inu The post PEPE, FLOKI step into Asia; Time's up for SHIB, DOGE? appeared first on AMBCrypto. дальше »

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Shiba Inu Rival Listed on Major South Korean Exchange

FLOKI, meme-inspired cryptocurrency competitor of Shiba Inu, has made its entrance onto South Korean digital asset market with recent listing on Bithumb дальше »

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XRP Becomes Top Traded Asset on South Korea's Bithumb, Surpassing Bitcoin (BTC)

XRP also top traded asset on Upbit and Korbit дальше »

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Do Kwon allegedly withdraws $2.15m in stablecoins

After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies. дальше »

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Seoul crypto murder case leads to tighter regulation in South Korea

A murder case in Seoul over crypto assets compelled lawmakers to push for stronger crypto regulation. The new proposed bill combines 19 distinct crypto-related policies into a single bill. дальше »

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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 »

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Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets. дальше »

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South Korean prime minister calls for disclosure of crypto holdings by high-ranking officials

Prime Minister Han Deok-soo reportedly believes that including cryptocurrency in property registration is the right thing to do. дальше »

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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 »

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Authorities raid Upbit and Bithumb in connection with South Korean crypto scandal

Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an ongoing investigation into allegations surrounding independent lawmaker Kim Nam-kuk's digital assets. дальше »

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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 »

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South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced. дальше »

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NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending

Cape Town, South Africa, May 15th, 2023, Chainwire NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior. дальше »

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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 »

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South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers

Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy. дальше »

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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 »

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South Korean lawmaker leaves political party amid crypto investment controversy

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. дальше »

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Samsung to research South Korea’s CBDC for offline payments

The collaboration will have both parties researching the offline capabilities of the CBDC issued by South Korea’s central bank.

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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 »

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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 »

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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 »

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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 »

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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 »

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South Korean Authorities Freeze $176M Worth of Do Kwon’s Personal Fortune

Coinspeaker South Korean Authorities Freeze $176M Worth of Do Kwon’s Personal Fortune Seoul Southern District Court has now issued a court order that prohibits the sale of several of Do Kwon's properties. дальше »

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Do Kwon’s Woes Escalate As South Korea Freezes $176M Of His Assets

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Do Kwon’s Luxury Cars, Apartments Seized as Courts Freeze $2B of His Assets

South Korean authorities have frozen around $2 billion worth of assets tied to Do Kwon, the CEO of blockchain firm Terraform Labs, as they continue their investigation into the catastrophic... дальше »

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South Korean Authorities Investigate Lawmaker Over Alleged Crypto Transfers

There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions.   The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers would enforce the Financial Action Task Force Travel Rule. дальше »

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Китайская полиция арестовала мужчину за публикацию новости, созданной ChatGPT

В Китае арестован мужчина, занимавшийся публикацией и распространением фейковых новостей, сгенерированных с помощью популярного чат-бота ChatGPT. Об этом сообщает местное издание South China Morning Post (SCMP) со ссылкой на информацию, полученную от полиции. дальше »

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Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning

The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America. дальше »

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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 »

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South Korean lawmaker under investigation for suspicious crypto transactions

Kim Nam-Kuk, a South Korean lawmaker, is under investigation after claims that he withdrew 800,000 WEMIX tokens during questionable crypto transactions. A series of cryptocurrency transactions by a legislator from an opposition party has been submitted to local prosecutors by… дальше »

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Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others

Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022. дальше »

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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 »

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South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report

Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits. дальше »

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Bitcoin Adoption in South America Increasing Despite Fee Spike

More Latin American (LATAM) countries are considering Bitcoin adoption as they follow in the footsteps of El Salvador. The post Bitcoin Adoption in South America Increasing Despite Fee Spike appeared first on BeInCrypto. дальше »

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