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South Korea

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links
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29 September, 2022

South Korea moves to freeze $61M worth of Do Kwon’s BTC as he denies links

Authorities in South Korea ordered KuCoin and OKX to freeze over 3,300 BTC they claim is owned by the Luna...
Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice
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27 September, 2022

Terra’s Do Kwon now wanted in 195 countries after Interpol issues Red Notice

South Korea says that Interpol has acted on its request to add the Terra founder to its Red Notice list...
South Korea tax agency seizes nearly $200M in digital assets from tax offenders
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27 September, 2022

South Korea tax agency seizes nearly $200M in digital assets from tax offenders

South Korea stresses the need to uphold fair taxation principles as it busted digital asset investors who failed to settle...
South Korea: Authorities arrest 25 Kimchi premium traders
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26 September, 2022

South Korea: Authorities arrest 25 Kimchi premium traders

Police in South Korea said the 25 processed $72,000 in illegal BTC trades throughout 2021 on OTC trading platforms, violating...
South Korean financial institutions may bear brunt of new US digital asset control measure
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22 September, 2022

South Korean financial institutions may bear brunt of new US digital asset control measure

South Korea doubles down on efforts to track the origins of illegal virtual currency transactions as the U.S. warns of...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
South Korea aims to invalidate Terra founder Do Kwon’s passport: report
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20 September, 2022

South Korea aims to invalidate Terra founder Do Kwon’s passport: report

Prosecutors in South Korea filed a request with the Foreign Ministry to invalidate the passport of Kwon and four others...
South Korea: Digital assets can be subjected to securities law
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19 September, 2022

South Korea: Digital assets can be subjected to securities law

Financial Supervisory Service Governor Lee Bok-hyun argued that caution should be exercised in passing judgments on whether or not a...
South Korea’s Ministry of Science rules out applying old gaming regulations on metaverse
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18 September, 2022

South Korea’s Ministry of Science rules out applying old gaming regulations on metaverse

To foster innovation and speed up the adoption of the metaverse, South Korea looks to apply new laws to the...
South Korea: Busan eyes transformation into blockchain hub with Huobi tie-up
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17 September, 2022

South Korea: Busan eyes transformation into blockchain hub with Huobi tie-up

South Korea's Busan aims to revive its ailing blockchain ecosystem under a new partnership with Huobi, who is setting its...
Do Kwon: South Korea issues arrest warrant for Terra founder
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15 September, 2022

Do Kwon: South Korea issues arrest warrant for Terra founder

The warrant from the Supreme Prosecutors Office was issued for five others who worked at Terra, with South Korean authorities...
South Korea eyes total overhaul of security tokens amid talks on new regulatory regime
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12 September, 2022

South Korea eyes total overhaul of security tokens amid talks on new regulatory regime

South Korea's ambition to regulate the digital asset ecosystem is gaining ground as it looks to draft new legislation for...