All by tag: Korea

South Korea’s financial authorities have finalized new rules that lift restrictions on corporate investments in digital assets that have been in place since 2017

Disagreements among regulators over stablecoin issuers have delayed the adoption of key legislation until at least next year

The exchange is strengthening its security system and promises full compensation for losses.

The service has been suspended amid US sanctions, allegations of processing illegal transactions, and mass attempts by customers to withdraw their funds

The company froze some of the funds and promised to compensate users for their losses.

Following inspections of Upbit, Bithumb, Coinone, Korbit, and GOPAX, the regulator is preparing personal and institutional sanctions.

Elliptic analysts called this figure a record

The investigation found that the criminals used romantic scams, fake investments, and money laundering schemes through over-the-counter networks and cross-chain transfers

The KRW1 stablecoin has passed its PoC test, and its reserves are held at Woori Bank with real-time integration

The court considered the case of the V Global crypto pyramid scheme, in which 50 000 victims lost $1,44 billion

Hackers exploited a vulnerability in the SIM card system to gain access to the accounts of 258 wealthy Koreans, including BTS’s Jungkook

US authorities have imposed sanctions on a Russian citizen who helped North Korean IT specialists launder cryptocurrency for further transfer to the North Korean authorities