South Korea
Korean Finances Services Commission Chair Issue Security Token Offerings
Korea’s Financial Services Commission announces the issue of securities token offerings. FSC Chair Kim Joo-hyun said while STOs were not legal before, due to their…
Seoul Govt to Offer Public Service Virtually via ‘Metaverse Seoul’
Citizens can directly propose policies to Seoul Mayor through ‘Metaverse Seoul.’ ‘Metaverse Seoul’ to offer services including economy, education, and administration. Seoul government spent nearly…
South Korea Goes After Bithumb for Another Tax Evasion Scandal
Bithumb Holdings comes under federal probe for suspected tax evasion. The current probe is the second time Bithumb has been subject to a tax investigation.…
3D Factory Collaborates With TNC Group to Scale Super Cup NFTs
Metaverse platform 3D Factory signed an MoU with Blockchain company TNC Group. The MoU is aimed to promote full-scale NFT business in the Spanish Super…
Busan City Reveals Steering Committee for its Crypto Exchange
Busan city announces steering committee for digital asset exchange development. Huobi global’s Korea arm is part of the steering committee. Binance, Crypto.com, and Gate.io see…
‘Do Kwon Is Hiding in Serbia,’ Claims South Korean Officials
Do Kwon may be in Serbia, according to recent reports from South Korea. The former Terra CEO was previously believed to be in Dubai. Earlier…
WEMIX Token Removed From South Korea’s Top Crypto Exchanges
South Korea’s blockchain game developer, Wemade’s shares dropped 23% on the KOSDAQ market.Wemade Max and Wemade Play shares also plummeted on the KOSDAQ exchange.Upbit, Bithumb,…
South Korea Issue Arrest Warrant Against Terra Co-founder Shin
The South Korean prosecutors believe that the Anchor's 20% interest is fraudulent.Shin is accused of unfairly earning profits of 140 billion and the amount has…
S.Korean FSC Necessitates Compensation for Crypto Firms’ Misconduct
FSC released a notice regarding the necessity of compensating customer losses by crypto exchanges.The Conservative Party had already initiated the procedures for securing customer funds.The…
Do Kwon’s Conversation Manipulating Terra’s Price Leaks
Do Kwon and his employee tampered with the price of LUNA, say Korean prosecutors.The South Korean investigators think Kwon is residing in Europe.Interpol issued a…
