South Korea
- Companies
South Korean Gaming Titan Wemade Confronts $41M Tax Demand Over Crypto Operations
The South Korean gaming powerhouse, Wemade, renowned for its strides in blockchain gaming, faces a staggering tax demand of $41…
Read More » - Global News
South Korea Mandates Crypto Disclosure for 5,800 Public Officials Starting 2024
In a significant move toward transparency and accountability, South Korea has announced plans to mandate nearly 6,000 public officials to…
Read More » - Global News
Terra Luna Founder Do Kwon Faces Imminent Extradition to the U.S
The legal saga surrounding former crypto tycoon and Terra Luna founder Do Kwon has taken a pivotal turn as reports…
Read More » - Global News
Coinbase Gains Foothold in South Korea, NPS Invests $20M in Shares
In a bold and strategic investment move, the National Pension Service (NPS) of South Korea has seized an opportunity in…
Read More » - Policies & Regulations
South Korean Crypto Exchanges to Stow 3 Billion Won in Reserves from September
Starting in September, South Korean cryptocurrency exchanges will be obligated to maintain a minimum of 3 billion won (equivalent to…
Read More » - Global News
BRICS Bank Launches First ZAR Bonds for Local Currency Push
BRICS New Development Bank (NDB), established by the BRICS nations (Brazil, Russia, India, China, and South Africa), has introduced its…
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Asian Regulators Outpace US in Cryptocurrency Regulations Amid Global Uncertainty
Asian regulators have taken the lead over the United States in clarifying cryptocurrency regulations, exemplified by Hong Kong granting its…
Read More » - Global News
South Korea Launches Investigation Unit to Combat Crypto-Currency Crimes Amid Rising Illegal Activities and Investor Concerns
South Korea took action to address the rising issue of cryptocurrency crimes by establishing an interagency investigation unit. This decision…
Read More » - Policies & Regulations
South Korea Introduces Groundbreaking Virtual Asset User Protection Act to Safeguard Digital Economy
South Korea has taken a significant stride by enacting the Virtual Asset User Protection Act, which establishes a legal framework…
Read More » - Global News
Terraform Labs Co-Founder Do Kwon Granted Bail as Court Rejects Prosecution Appeal
Do Kwon, one of the co-founders of Terraform Labs, has been granted bail in Montenegro after the appeals made by…
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