South Korea
- Policies & Regulations
South Korea Initiates Crypto Exchange Inspection for Illegal Practices
South Korea’s Financial Supervisory Service (FSS) announced on Tuesday its plans to inspect cryptocurrency exchanges to uncover any illegal or…
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Do Kwon to be Extradited to South Korea, Montenegro Court Rules
Do Kwon, co-founder of the bankrupt Terraform Labs, will be extradited to South Korea following a ruling by a Montenegro…
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South Korea to Postpone Crypto Taxation Until 2028
The South Korean government and the ruling party are considering postponing the implementation of a cryptocurrency investment profit tax by…
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South Korea Implements New Crypto Regulations to Refund Investors in Case of Bankruptcy
Starting next month, cryptocurrency investors in South Korea will benefit from new rules designed to protect user funds in the…
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South Korea’s FSC Classifies Certain NFTs as Virtual Assets Prior to New Crypto Regulations
South Korea’s Financial Services Commission (FSC) has announced a shift in its stance towards nonfungible tokens (NFTs), aiming to classify…
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Montenegro’s Top Court Decision Sparks Potential Extradition of Do Kwon to US
Terraform Labs Pte. co-founder Do Kwon, a figure wanted by authorities in South Korea and the US and currently detained…
Read More » - Global News
How is Do Kwon Winning? Extradition Decision Overturned Again
The legal drama involving Do Kwon, co-founder of Terraform Labs, took a new turn as he secured a second appeal…
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Terra Co-founder Do Kwon Seeks Trial Delay as U.S. Extradition Looms
Do Kwon, co-founder of Terraform Labs Pte. Ltd., may face extradition to the United States by mid-March over allegations of…
Read More » - MENA News
WEMADE Partners with DIFC Innovation Hub for WEMIX PLAY Center, a Global Web3 Gaming Hub
WEMADE (KOSDAQ: 112040), a prominent global gaming company based in South Korea, has joined forces with the DIFC Innovation Hub,…
Read More » - Global News
South Korea Holds Ground on ETF Ban Amid U.S. Approval, While Broader Asia Set to Soar
In a recent announcement, South Korea’s primary financial regulatory body affirmed its commitment to the existing rule that prohibits financial…
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