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Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to Go Independent There has been much speculation and many rumors surrounding the cryptocurrency exchange Huobi...

Paycoin seeks reapproval after S.Korea suspends the payments token

Paycoin was developed under Danal Fintech Corp. and emerged as one of the most used payment tokens in South Korea since it launched...

Binance Nears Acquisition of Korean Crypto Exchange Gopax

Binance, leading cryptocurrency exchange, is making arrangements to finalize its acquisition of GOPAX, one of the top crypto exchanges in Korea, blockchain media platform...

South Korea keeps betting on the metaverse, ignoring the current clunky technology

South Korea’s government set the tone early in 2022 for the country’s interest in getting a lead in the so-called metaverse world, announcing in...

S.Korea discusses control over crypto listings after WEMIX delisting

Currently, cryptocurrency exchanges themselves are responsible for reviewing new token listings in South Korea, a process that regulators believe may increase risks and...

FTX and Alameda Invested in ‘TOSS Bank’s’ Largest Shareholder, Viva Republica, and Other Korean...

FTX and Alameda invested in three Korean companies, Toss bank officials sent a statement today saying “Alameda is not on the list of...

Court denies injunction against delisting of cryptocurrency Wemix

A Seoul court on Wednesday denied an injunction request filed by the operator of cryptocurrency Wemix to block the enforcement of crypto exchanges' decision...

Blockchain technology support center to open in Busan

A blockchain technology support center will open in the southern port city of Busan to efficiently assist blockchain companies. The center will provide various...

Binance Custody to safekeep Wemade’s WEMIX cryptocurrency

Wemade said in an updated statement: “WEMIX Foundation is in close communication with the team at Binance Institutional Services to complete the onboarding process...

[Exclusive] Samsung Invested in FTX, Investment Recovery Unlikely

As the virtual currency exchange FTX eventually filed for bankruptcy, Samsung Next, an investment subsidiary arm of Samsung Electronics, now finds it difficult to...

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FINANCIAL REGULATORY INNOVATION COMMITTEE DISCUSSES MEASURES TO ALLOW THE ISSUANCE OF...

SUMMARY OF REMARKS BY FSC CHAIRMAN KIM JOO-HYUN The measures to establish a regulatory system on the offering and distribution of security tokens, intends to (a)...