11-15-2024 
South Korea
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14 December, 2022
WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight
Wemade insists it will not back down after a South Korean court sided with DAXA in delisting WEMIX from exchanges...
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11 December, 2022
South Korea central bank pushes for stablecoin regulation
Bank of Korea stated that stablecoins pegged to foreign currencies have to comply with the foreign exchange laws of South...
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9 December, 2022
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...
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8 December, 2022
South Korean energy giant sets up $84 million fund to spur metaverse adoption
In support of the government's strategic plan, Daesung Group set up a fund focusing on blockchain, AI, and extended reality...
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6 December, 2022
South Korea’s Science Ministry unveils metaverse strategy, ethical principles for industry operators
South Korea doubled down on its metaverse strategy, with the Science and ICT Ministry releasing a strategic guide that would...
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5 December, 2022
South Korea: Arrest warrant for former Terraform Labs employees dismissed
A court in South Korea dismissed the arrest warrants against former Terraform Labs workers, comprising four engineers and three early-stage...
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1 December, 2022
Terra co-founder Daniel Shin faces fresh fraud charges
Daniel Shin allegedly ignored warnings from the Financial Supervisory Service and continued telling investors that Terra's stablecoin would debut on...
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30 November, 2022
South Korea seeks improved digital economy with blockchain-based online voting
Experimenting since 2013, South Korea is looking to see its plans to establish a blockchain-based online voting system comes to...
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28 November, 2022
New bill wants South Korean exchanges to compensate users for sudden halt in withdrawals
The Financial Services Commission supports a new bill that will require exchanges to compensate users if they halt withdrawals as...
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26 November, 2022
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
The Financial Services Commission is hinging its argument on the grounds that digital assets is an umbrella term covering virtual...
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24 November, 2022
South Korean authorities freeze over $104M belonging to Terra co-founder
Terra co-founder Shin Hyun-seung denies allegations that he violated the South Korean capital markets law, which led to the freezing...
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23 November, 2022
South Korea probes exchanges listing native tokens after FTX collapse
South Korea’s Financial Services Commission is investigating exchanges that have listed their native tokens, with Flata exchange as the main...
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