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In a significant move towards regulating the crypto market, authorities in South Korea are about to introduce new guidelines that will impose stricter rules for listing tokens on centralized crypto exchanges. It is expected that this development will have a considerable impact on the operational dynamics of cryptocurrency exchanges within the country […]

The legal action against the co-founder of Terra.

South Korea, a country renowned for its technological advancements, is gearing up to fortify its financial infrastructure against potential tax evasion in the crypto sector. According to reports, the South Korean government is laying the groundwork for an asset management system focused on cryptocurrencies, which is expected to be completed by the […]

The founder of Terraform Labs will be repatriated after the change in judicial decision

A recent report suggests that the Financial Services Commission of South Korea is preparing to participate in crucial talks with the president of the Securities and Exchange Commission (SEC) of the United States, Gary Gensler, scheduled for May of this year. The agenda? Classifying NFTs and approving spot bitcoin ETFs. […]

While South Korea prepares for the national elections scheduled for April 10 of this year, the country's political landscape is witnessing an interesting change, with the parties in government and in opposition making promises regarding the crypto sector. Between the growing interest and concerns about cryptocurrency regulation, these […]

Han Chang-joon, the former Chief Financial Officer (CFO) of Terraform Labs, has been extradited to South Korea by Montenegrin authorities. The arrest was the precursor to a legal saga that unfolded in the following months and culminated in a four-month prison sentence by a court in […]

In a strategic move, Binance, the global giant of cryptocurrency exchange, is considering the possibility of reducing its stake in the South Korean platform Gopax. The move aims to address liquidity issues and overcome compliance obstacles, showcasing Binance's proactive approach to improving stability within its exchange portfolio. […]

In a significant blow to the thriving cryptocurrency landscape in South Korea, Somesing, a popular blockchain-based social karaoke platform, recently experienced a serious security breach by a hacker that resulted in the loss of over $11.5 million. The platform, which is now actively collaborating with authorities, […]

In a crucial development in the crypto landscape of South Korea, prosecutors have issued an arrest warrant for Bang. A key figure in the investigation into the suspensions of withdrawals that affected local crypto lender Delio and investment company Haru Invest. South Korea issues an arrest warrant in […]