South Korea

The legal back and forth around Do Kwon’s extradition hit another speed bump

A decision on former CEO Do Kwon’s extradition has yet to be made

The comment period is open until Jan. 22

Both central banks are exploring the impact a CBDC could have on an economy

Hacking attempts on Upbit have reportedly surged from around 8,400 the second half of 2020 to 159,061 in the first half this year

Users of the Korean exchange reported unauthorized deposits of what appeared to be Aptos tokens in their Upbit accounts

Busan is South Korea’s second largest city with a population around 3.4 million

Mirae Asset Securities looks to advance tokenization within finance, and South Korea, through a partnership with the Ethereum scaling architecture builder

The protocol introduces “shielded swaps” — a way to transact without revealing private information

Kim, who resigned from the Minjoo Party in May to become an independent, has been at the center of a scandal involving his ownership of approximately 800,000 Wemix tokens

The company behind the cryptocurrency XRP and the XRP ledger is partnering with a local research firm to shore up its footing in South Korea

Companies across South Korea must start disclosing their crypto holdings as part of standard financial statements

South Korean authorities indicted Daniel Shin in April on fraud charges

June’s final week of trading on Korean exchanges Upbit and Bithumb witnessed a daily peak of over $4 billion in volume, with $3.6 billion derived from altcoin activity, data shows

The new legislation also gives the Bank of Korea oversight of digital asset operators

South Korea’s biggest commercial banks are exploring security token platforms to establish a trading ecosystem for corporate bonds

In South Korea, XRP has persisted as the most-traded cryptocurrency outside of bitcoin over the year to date

With this move, South Korea leap frogs the US and UK, both of which don’t require their high-ranking leaders to disclose crypto holdings

Under proposed amendments, serving members of the Assembly are obligated to announce their digital assets by the conclusion of the following month

Kim Nam-kuk has been accused of owning over $4.5 million in wemix coins back in 2021

Samsung and Korea’s central bank are partnering to advance research on offline CBDC technology, a move aimed at enhancing payment security

Kim Nam-kuk, a member of South Korea’s Democratic Party, is said to have owned 800,000 wemix coins in 2021

Seoul prosecutors reportedly froze more than $184 million in assets from the indicted individuals, including Daniel Shin

In US courts, Do Kwon denied that luna is a security by current regulatory standards