100,000 Koreans To Test New Digital Won In Central Bank’s Pilot CBDC Program
Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the ...
Tag: South Korea
Crypto Crackdown In Seoul: Police Bust $14 Million Scam, 25 Suspects Nabbed
According to a recent report, South Korean authorities have disrupted a large-scale crypto scam, arresting 25 individuals believed to be ...
In South Korea, XRP Is King: What’s Behind This Shift?
In South Korea, XRP, the native currency of the XRP Ledger (XRPL), is king, not Bitcoin (BTC). According to Kaiko's research, ...
Do Kwon Kicks Against SEC’s Extradition Request – Details
The lawyers representing Terraform Labs and its CEO Do Kwon in the ongoing court case with the US Securities and ...
South Korean Taxpayers Report Overseas Crypto Assets Worth Nearly $100 Billion
In recent years, crypto assets such as Bitcoin and Ether have witnessed increased adoption in various countries worldwide. In a ...
Crypto Crackdown: South Korea Targets OTC Market Amid Multi-Billion Scandals
In light of a surge in illicit activities associated with the over-the-counter (OTC) crypto trading market, South Korea is increasing ...
South Korean Crypto Exchanges To Face New Reserve Requirement Starting September
South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain ...
South Korean City Announces Plan To Seize Crypto Assets Of Local Tax Evaders
The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such ...
