Tag: Korea
Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon
LUNA fell 36% in the past 24 hours while LUNC dropped 25%, with much of the token movement coming after news of the warrant was made public this morni [...]
South Korea issues arrest warrant for Terra Founder Do Kwon
While the LUNC community rejoices because of a potential comeback for the Terra Luna Classic (LUNC) token, the founder of the Terraform Labs, Do Kwon, [...]
South Korea Is Gearing Up to Institutionalize Security Tokens
Based on the opinions gathered at the policy seminar, the FSC plans to publish guidelines for the issuance and commercialization of security tokens by [...]
South Korea tells local banks to manage FX liquidity conservatively
SEOUL: South Korea's financial regulator said it advised local banks on Tuesday (Sep 6) to manage foreign-exchange liquidity positions in a more conse [...]
South Korea expands its efforts to regulate Metaverse
South Korea continues its immersion in Web3 and the Metaverse. After investing almost $200 million in the creation of its own metaverse ecosystem and [...]
Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
South Korean customs authorities on Tuesday arrested 16 people involved in illegal foregin exchange transactions, according to a report by local outle [...]
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
Domestic companies like Terra circumvented the ban by issuing new digital tokens through corporations established overseas and listing those tokens on [...]
South Korea Says 75% Of Illicit Forex Transactions In The Country Are Crypto-Related
A significant number of cryptocurrency holders reside in South Korea. As the bitcoin sector becomes more mainstream, the [...]
S Korea FX authority warns against herd-like behaviour in USD/KRW trading
SEOUL : South Korea's foreign exchange authority issued a verbal warning against speculative trading in the dollar-won on Tuesday as the won hover [...]
South Korea To Tax Crypto Airdrop Recipients: Report
The gift tax could be levied on the person who receives the airdrop, the official said in response to a query on the matter. The recipient will have t [...]
S. Korea mulls ‘gift tax’ for airdrops
The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subje [...]
Why are foreign exchange rates soaring in North Korea?
Global inflation, signs of looming food shortages may be driving forex market in DPRK
In recent weeks, exchange rates for both the U.S. dollar and the [...]
First Mover Asia: Bitcoin Tests $25K Before Retreating; Korea Play-to-Earn Ban Unlikely to End Soon
The Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week.
www.coindesk.com [...]
South Korea Arrests Three in Multi-Billion Dollar Crypto-Linked Probe: Report
Authorities are reportedly investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments.
www.coindesk.com [...]
Crypto.com hits key regulatory milestone in South Korea
Crypto exchange Crypto.com has announced a key regulatory milestone in South Korea after securing two local companies, giving it access to crypto and [...]