South Korea
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Cryptocurrency
South Korean regulator provides guidance on security tokens
South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the…
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Cryptocurrency
Binance re-enters South Korea with GOPAX exchange
Major cryptocurrency exchange Binance is coming back to South Korea with a new acquisition of the local crypto trading platform…
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Cryptocurrency
South Korea to deploy cryptocurrency tracking system in 2023
The Ministry of Justice in South Korea announced plans to introduce a crypto-tracking system to counter money laundering initiatives and…
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Cryptocurrency
City of Busan to establish digital assets exchange: Report
According to local news outlet News1, Busan, South Korea will establish a decentralized digital commodities exchange. Officials said the platform…
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Cryptocurrency
Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with selling…
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Cryptocurrency
Seoul government opens city’s metaverse project to public
The Seoul Metropolitan Government has launched its Metaverse Seoul project, allowing residents of the South Korean capital city to access…
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Cryptocurrency
South Korean regulators target Bithumb in new probe
South Korea-based cryptocurrency exchange Bithumb is under a “special tax investigation” by the country’s National Tax Service (NTS), according to…
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Cryptocurrency
Huobi Korea seeks to split from parent company, change its name: Report
South Korean media outlet New1 reported on Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi…
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Cryptocurrency
Bithumb former chair Lee Jung-Hoon acquitted in the first instance
Lee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on Jan. 3 by…
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Cryptocurrency
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison…
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