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South Korea
South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
South Korean Crypto Exchange Bithumb Under Investigation For Price Manipulation: RPT
The offices of Bithumb were raided on Thursday as part of an investigation into price manipulation of an unidentified coin listed on the South Korean crypto exchange, Yonhap reported. This comes as Bithumb Chairman Kang Jong-Hyun and two other executives were charged with fraud. "The Hash" hosts discuss the latest in the world of global crypto regulation.
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit, and said they will also examine relevant transactions on other exchanges.
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.
Future of the Metaverse Amid Crypto Winter
Sebastien Borget, Co-Founder of The Sandbox and President of the Blockchain Game Alliance, alongside Saro McKenna, co-founder of Alien Worlds, join "First Mover" live from Davos 2023 to discuss the outlook for development and adoption of the metaverse and blockchain gaming. Plus, reactions to South Korea launching a metaverse replica of Seoul.
South Korea Launches Metaverse Replica of Seoul
As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access youth counseling and read e-books.
Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
The former chairman of Bithumb Holdings, which operates a crypto exchange in the country, was recently acquitted of fraud charges.
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
The South Korean company will use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.
