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According to local media, South Korea confirmed that North Korea was behind the theft of 342,000 Ethereum (ETH) tokens. The 2019 loot, worth approximately 58 billion...
Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000...
Local reports show that crypto transactions in South Korea have surged to record highs. In the first half of this year, 7.78 million domestic virtual asset...
Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently...
Encrypted messaging app Telegram facing investigations around the globe after the arrest of CEO Pavel Durov last month. South Korean police have now launched a probe...
The Supreme Court of Montenegro has delayed the extradition of Do Kwon, the embattled founder of Terraform Labs, to South Korea. This decision came in response...
After the introduction of the Virtual Asset User Protection Act in South Korea, crypto exchanges such as Upbit, Bithumb, and Coinone are now required to pay...
The Financial Supervisory Service (FSS) of South Korea has summoned five leading crypto exchanges in the wake of just implemented crypto laws, signaling heightened scrutiny of...
South Korea will see its one-year grace period for the Virtual Asset User Protection Act end this month. With the end of this window period, two...
The impending enactment of the Korean Virtual Asset User Protection Act heralds a significant shift in regulatory oversight within South Korea’s digital asset landscape. This legislation...
