Authorities in South Korea plan to define cryptocurrencies as financial securities in their regulatory framework.
According to the Binance CEO, the recent funding of GOPAX will contribute to the further development of South Korea's crypto
The Bithumb executive faces multiple allegations, including illicit transactions, market manipulation, and negligence.
Artwork was sold out at its highest buyout of US$16,000 in 4 minutes
South Korea aims to jump seven places in the metaverse market to become the fifth largest by 2026.
South Korean prosecutors charged the former Bithumb President with engaging in fraud through the sale of BXA coins.
Binance originally planned to complete the GOPAX acquisition late last year, according to a source familiar with the deal.
Mr. Park was under investigation by South Korean prosecutors as he was accused of misappropriating funds from Bithumb affiliates.
North Korea has reportedly stolen $1.2 billion in crypto since 2017, with more than $625m coming from hacks in 2022.
South Korean province Gyeongbuk’s Governor Cheol-Woo Lee reaffirms the commitment of his administration to harnessing blockchain and metaverse initiatives.
South Korean authorities call Terra Luna founder out for circumstantial evidence of escape.
Both parties discussed how to alter the user protection on the Metaverse.
In the past five years, four trillion Korean won worth of fraudulent crypto transactions have been caught in South Korea.
It is not the first initiative South Korea have taken to establish a presence in the metaverse and web3 sector.
The central bank of Korea aims to support small businesses by applying minimum regulations for user protection to utility tokens.
Binance is looking to establish a presence in Busan by the end of 2022 while working to make the city
Yong-beom Kim, the former First Vice Minister of the Korea Ministry of Economy and Finance, has been appointed as the
Seven large domestic securities companies have applied for a virtual asset exchange in 2023.
The tax authorities of Korea may start charging capital gain on virtual assets from 2025.
The virtual asset seizure pilot project was a successful experiment in Korea.
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