South Korea
S. Korean Ministry Officials in Search of Do Kwon, Reaches Serbia
South Korean officials visited Serbia in search of Do Kwon. Do Kwon was reportedly seen in Serbia in December following an arrest warrant. A team…
Virtual Currency Tracking System: South Korea’s Crypto Regulation
The South Korean Ministry of Justice has decided to introduce a virtual currency tracking system. The authority intends to strengthen the tracking of money laundering…
South Korea Orders Arrest of Bithumb Chairman and Two Other Execs
Korean prosecution requested an arrest warrant for Bithumb executives. Bithumb executives were charged with fund embezzlement and breach of trust. Previously, Bithumb Holdings came under…
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,…
