South Korea
South Korea’s FIU Cracks Down on Unregistered Crypto Exchanges
Highlights: South Korea’s FIU is deliberating new sanctions for...
Prosecutors Raid Bithumb in Investigation Over Former CEO’s Alleged Fund Misuse
Highlights: Prosecutors raided Bithumb over claims of fund misuse...
Bank of Korea to Launch Hangang CBDC Pilot Program in April with 100,000 Participants
Highlights: Bank of Korea will launch a CBDC pilot...
Wemix CEO Explains Delay in Hack Disclosure After $6 Million Loss
Highlights: Wemix has announced that it delayed announcing the...
South Korea Set to Trial CBDC for Real Transactions at Select Stores
Highlights: South Korea is set to test a CBDC...
South Korea Tightens Crypto Rules to Fight Financial Crimes
Highlights: South Korea is making stricter rules to stop...
South Korea Officially Launches Crypto Crime Unit to Tackle Fraud
Highlights: South Korea has launched a permanent crypto crime...
South Korea Suspends Upbit Over Compliance Issues and KYC Violations
Highlights: Upbit cannot process crypto deposits and withdrawals for...
Upbit Could Face Billion-Dollar Fines for 700,000 KYC Violations as South Korea’s Regulator Nears Decision
Highlights: Upbit faces FSC sanctions for failing to verify...
South Korea to Allow Corporate Crypto Accounts in Three Phases
Highlights: South Korea will allow corporate crypto accounts in...
South Korea to Upgrade Crypto Crime Unit Amid Rising Fraud Cases
Highlights: South Korea will create a permanent unit to...
Upbit and Bithumb Agree to Pay Record $2.5M for System Failures
Highlights: Upbit and Bithumb will pay users 3.5 billion...