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South Korea
Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts
Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.
Korea's Exchange Hacks: What the Country's Crypto Scene Is Saying
Koreans have been up in arms on social media ever since two popular South Korean crypto exchanges were hacked only weeks a part from each other.
Exchange Leak Puts $620K-Worth of Customer Crypto at Risk
A new exchange from South Korea leaked critical information about 19 of its users, a mistake that could have cost them $620,000 in cryptocurrency.
Korean Government to Lead 6 Blockchain Pilots With $9 Million Fund
A South Korean government agency has announced a plan to boost blockchain adoption in the country.
Bithumb Working With Other Crypto Exchanges to Recover Hacked Funds
South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.
Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'
South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.
Korean Banks Can Use Blockchain to Verify Customer IDs from July
A national banking group from South Korea is to roll out a blockchain-based ID verification system for domestic banks next month.
Crypto Exchange Bithumb Hit With Bill After Tax Investigation Ends
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
Korean Police Allege Coinone's Crypto Margin Trading Is Illegal Gambling
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.
Korea Seizes Bitcoin Worth $1.4 Million Following Supreme Court Ruling
South Korea's Supreme Court ruled Wednesday that cryptocurrencies can be forfeited in criminal cases, allowing the seizure.
