Binance Poised for South Korea Reentry as Oversight Softens
TL;DR Binance could regain full access to South Korean traders by late 2025 after the Financial Intelligence Unit resumes reviewing its controlling stake in Gopax. The
south korea (Latest Publications)
South Korea Intensifies Crypto Crackdown, Expands Seizures to Cold Wallets
South Korea’s National Tax Service (NTS) has announced that crypto assets stored in cold wallets will no longer be exempt from enforcement actions. Authorities stated they
Crypto Custody Firm Launches First-Ever Won-Backed Stablecoin on Avalanche
TL;DR South Korea’s BDACS has unveiled KRW1, the country’s first stablecoin fully backed by the won, running on the Avalanche blockchain. The launch is currently a
Upbit Operator Dunamu Unveils GIWA, a New L2 Chain + Wallet
TL;DR GIWA Chain Launch: Dunamu introduced GIWA Chain, a layer-2 blockchain using Optimistic Rollup tech, designed to stack data securely and support smart contracts. It’s currently
KuCoin Eyes South Korea Comeback After Nailing Key Global Markets, CEO Says
TL;DR KuCoin is considering a return to South Korea after being excluded due to recent restrictions on unregistered exchanges imposed in the country. The company will
Upbit and Bithumb Suspend Synthetix Deposits Citing sUSD Volatility Threats
TL;DR Upbit and Bithumb suspended SNX deposits following a DAXA warning over risks posed by sUSD’s instability. The drop of sUSD to $0.68 and SNX’s 26%
Do Kwon Could Face Prison in Both US and South Korea, Prosecutor Says
The co-founder and CEO of Terraform Labs, Do Kwon, may face imprisonment in both the United States and South Korea, as revealed by a senior South
South Korean officials seek to arrest Daniel Shin, Do Kwon’s colleague
South Korean authorities have intensified their attempts to arrest Shin Hyun-Seong (Daniel Shin), Terra’s second co-founder, after the alleged “runner,” Terraform Labs’ founder Do Kwon, was
Crypto Exchange Bithumb Ex Chair Acquitted of Fraud Charges
Lee Jung-hoon, the South Korean crypto exchange Bithumb’s former chairman who was accused of fraud charges totaling $70 million, was found “not guilty” by the 34th
Digital ID on Blockchain Will Boost South Korea’s Economy
It is estimated that the South Korean government will begin offering a digital identity secured by blockchain to every citizen who owns a smartphone as part
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