Authorities raid South Korean crypto exchanges in Terraform Labs probe
In the most recent development, a team of investigators from the Seoul Southern District Prosecutors Office raided several local cryptocurrency exchanges, including Upbit, on...
South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
The court heard that in June 2018, A received a deposit of BTC 199.999 from another individual (named by the court as “B”). B...
South Korea to scale back stock capital gains tax, delay crypto tax
South Korea plans to cut the threshold for stock capital gains tax to individuals holding publicly traded shares worth 10 billion won or more from the...
South Korea is betting on the metaverse
South Korea’s investment of around $177.1 million is among the first investments in the nascent industry to be made by a national government...
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
Korean Government’s Meeting With Cryptocurrency Exchanges
The South Korean government is shifting responsibility for the crash of cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST)...
South Korea plans to make licensing digital currency industry stricter
Korea Financial Day by day (KED) got an exclusive look on the FSC report titled “The Comparative Evaluation of the Digital Property Trade Act.”...
CoinDesk “Hashed, Luna’s loss estimated at 4 trillion won”
CoinDesk reports that Hashed's Luna loss is estimated to be more than $3.5 billion (4.473 trillion won). Citing on-chain data, the media speculated that...
South Korea to establish crypto framework by 2024
The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a...
Luna’s CEO Kwon Do-hyung’s spouse requested ’emergency protection’
Police are investigating a report that an unknown person visited the home of Terraform Labs CEO Kwon Do-hyung and rang the doorbell. CEO Kwon's...
This South Korean Metaverse Giant Plans To Expand Into Europe
During a first-quarter call, South Korea’s largest telecom operator said it will introduce an open platform and crypto-economic system for Ifland. Moreover, the company...
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South Korea’s Klaytn Announces Its Partnership with DeFi Protocol 1inch
Klaytn, one of the most-popular metaverse blockchain platforms from South Korea, recently announced its partnership with decentralized finance (DeFi) protocol 1inch. With this partnership,...
