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South Korea
South Korea's Hashed Raises $120M Venture Fund for Crypto Deals
Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.
Crypto Exchange Upbit Sets Withdrawal Delay in Bid to Tackle Fraudsters
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks.
South Korea May Delay Implementation of 20% Crypto Tax Till 2022
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare.
South Korean Crypto Firms Must Disclose Users' Identities Under Planned Law Change
South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers.
Chinese Payments Giant UnionPay to Support Crypto Spending With New Virtual Card
The world's biggest credit and debit card company will support payments with a South Korea-developed cryptocurrency for an upcoming virtual card offering.
South Korea's Central Bank to Test Digital Currency in 2021
The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.
Bithumb Exchange's Offices Raided Again by Korean Authorities: Report
Local officials are said to have raided Bithumb's offices for the second time in a week as part of a fraud investigation.
Police Reportedly Raid Headquarters of Bithumb, South Korea's Largest Exchange
Crypto exchange Bithumb has reportedly been seized by police in Seoul on allegations that its chairman engaged in investment fraud.
South Korea’s Central Bank Starts Technical Phase for Digital Currency Ahead of 2021 Pilot
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.
South Korean Crypto Exchange Coinbit Raided Over Allegations of Wash Trading: Report
South Korea's third-largest crypto exchange has reportedly been raided by police over allegations it faked trading volume.
