South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are reportedly investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments. Source link
Tag: South
South Korea double downs on crypto regulation, arrests 3 people over illegal trading biz
South Korea’s Financial Services Commission (FSC) will hasten the process of reviewing the current bills on crypto regulation, South ...
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated ...
South Korean Web 2 Metaverse Platform Zepeto Gets a Web3 Makeover
In the existing version, users interact through avatars, which they can personalize with virtual accessories. A marketplace called Zepeto ...
Crypto.com Receives South Korean Regulatory Licenses After Buying Local Firms
The firm did not disclose the deal size. Source link
South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto
A foreign employee of South Korea-based Busan Bank stole roughly 1.48 billion won of customer funds and invested the ...
Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage
The news was hailed as a historic event for South American football, but it could bring unexpected consequences for ...
FTX in Discussions to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering both an outright sale or entering into joint ownership. Source link
South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report
South Korean authorities are continuing their investigation into fraud allegations at the center of the Terra collapse. Source ...
South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 Tax Reform Bill on Thursday, which states the planned virtual asset tax, already delayed ...
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