South Korea

Crypto.com recently gained provisional approval to offer services in Singapore and Dubai — now, it’s adding South Korea to the roster

Korean prosecutors have requested a “notification upon arrival” for Do Kwon, who is believed to be in Singapore

The exchange recently agreed to acquire troubled lender BlockFi and Canadian trading platform Bitvo

Prosecutors want to examine seized materials, question witnesses and determine whether TerraUSD’s crash was intentional

A self-regulatory body that would oversee market conditions and monitor compliance is also being considered

South Korea is set to have a new president in May following a win by Yoon Suk-Yeol who platformed on crypto deregulation, among other issues

The country is a well-known hub for trading, with about 3.8% of the population owning some form of cryptoasset

The partnership extends the pair’s K-pop music metaverse AniCube joint venture

By 2026, South Korea’s government wants to create the fifth-largest metaverse market in the world

The asset management arm of South Korea’s Kookmin Bank is planning to study and launch crypto derivates and ETFs