Policy
South Korea Orders Crypto Exchanges to Maintain At Least $2.2M in Reserves
New guidelines require cryptocurrency exchanges to build a minimum reserve of $2.28 million starting in September.
Total Stories
54
News
South Korea
Section
South Korea
Market Analysis
Korea’s Meme Stock Craze Leads to Small Caps Outperforming the Index
South Korea's small-cap Kosdaq index, driven by meme stocks, has become one of the world's best-performing indices.
Crypto
South Korea Tightens Up Crypto Surveillance on Two Fronts
South Korea elevates financial statement requirements, as new crypto-crime unit launches.
Market Analysis
SK Telecom Upgrades AI ChatBot, Expects Users to Treat it as a “Close Friend”
SK Telecom equipped its AI chatbot with new technology using Microsoft's cloud computing service.
Crypto
South Korea Unifies Several Crypto Bills With One Legislature
South Korean parliament approved a new unified crypto legislation aimed at improving investor protection.
Crypto
S. Korea Passes Bill Enforcing the Disclosure of Crypto Assets for Officials
Reports from earlier this month revealed that a top South Korean lawmaker secretly held and moved $4.5m in crypto funds.
Crypto
South Korea Takes Action Amid Controversy Over Politician’s Crypto Holdings
According to previous reports, Kim held around 800,000 undisclosed WEMIX tokens in his digital wallet.
Crypto
Bank of Korea Taps Samsung to Research Offline CBDC Use
Last year, Samsung and BOK built a protocol that enables CBDC transfers using NFC technology.
Policy
S. Korean Lawmaker Investigated Over Crypto Transactions
In 2021, South Korea implemented a rule that requires exchanges to inform authorities when transactions exceed 1 million won.
DeFi
Do Kwon Could Face 40 Years in Prison if Extradited to South Korea: Report
Do Kwon's trail-blazing DeFi career likely to end up in imprisonment.
Crypto
South Korea’s Crypto Regulation Bill Makes Exception for CBDC
The bill is expected to be implemented into law later this year.
Crypto
South Korean Prosecutors Indict Terra Co-Founder and Nine Others
South Korean officials froze ($184.7 million) in funds tied to Shin and 9 other indictees.
Crypto
S. Korean Crypto Exchange Loses 23% of its Assets in a $13M Hack
Hackers stole more than 60 BTC, 350 ETH and other cryptocurrencies from GDAC.