Tag: South Korea

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South Korean Actress Skips Jail After Laundering 4.34 billion Won In Crypto

South Korean actress Hwang Jung-eum gets suspended prison term for embezzling $3M from her agency to fund crypto investments.   South Korean actress Hwang Jung-eum has...

Thai Police Dismantle $15M Crypto Scam Ring Targeting Koreans

Thai police and South Korean authorities recently dismantled a $15M crypto scam ring that defrauded hundreds of Koreans.   Thai police, working with South Korean investigators,...

South Korea warns U.S. trade deal could spark financial crisis

South Korea warned U.S. trade demands could spark a crisis as President Lee Jae-Myung called for safeguards to protect the economy.   South Korea is now...

Could Solana Treasuries Beat Bitcoin And Ethereum Soon?

Solana could outperform Bitcoin and Ethereum soon, especially as staking yields and corporate treasuries continue to push growth.   Solana continues to become more interesting as...

Nasdaq-Listed Firm Introduces South Korea’s First SOL Treasury

Nasdaq-listed DeFi Development Corp partners with Fragmetric Labs to launch South Korea’s first Solana treasury, boosting regional adoption. DeFi Development Corp (DFDV), a Nasdaq-listed firm,...

South Korea Lifts 2018 Ban on Venture Capital Investments in Crypto Firms

South Korea ends 2018 ban, allowing crypto startups to access VC funding and apply for venture certification starting Sept 16.   Crypto startups in South Korea...

South Korea Moves Ahead With Stablecoin Regulation Bill

South Korea is preparing to introduce a regulatory framework for stablecoins in a few months. In particular, the Financial Services Commission (FSC) is expected...

XRP Custody Goes Live in South Korea for Institutions

BDACS has just launched XRP custody for Korean institutions and is strengthening its partnership with Ripple while advancing crypto adoption. According to reports, XRP custody...

RedotPay Launches Crypto Payment Cards in South Korea

RedotPay launches crypto cards in Korea, shaking up payment norms. All Korean Visa merchants now accept RedotPay’s crypto debit cards. RedotPay supports BTC,...

South Korea Plans Spot Bitcoin ETF and Crypto Law Overhaul

South Korea plans to approve spot Bitcoin ETFs and revamp crypto laws. Rep. Park urges swift action, inspired by U.S. Bitcoin ETF success. South...

South Korean Crypto Investors Surge 50%, Topping 9.6M

Story Highlights South Korea’s crypto investors surge 50%, surpassing 9.6 million. Over 50% of high-value crypto holders are younger investors. South Korea’s crypto holdings...

South Korea FIU Cracks Down on Unregistered Crypto Exchanges

Story Highlights Korea FIU targets illegal crypto exchanges for strict sanctions. Unregistered platforms like BitMEX and KuCoin face penalties. Authorities plan to block access...