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South Korea
South Korea Wants Companies to Disclose Crypto Holdings
Under draft rules, companies that issue or own crypto will have to make disclosures in their financial statements starting next year.
CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment
The latest round brings the company's total capital raise to $9 million.
Hong Kong's Task Force for Web3 Development; South Korea Passes Crypto Bill
The Hong Kong government established a task force for promoting Web3 development, according to a press release on Friday. This comes as South Korea's National Assembly passed the Virtual Asset User Protection Act, marking the country's first step towards building a legal framework for virtual assets. "The Hash" panel discusses the state of crypto regulation in the U.S. compared to the rest of the world.
South Korea Passes Crypto Bill for User Protection
The bill marks the country's first step towards a digital asset legal framework.
Bitcoin Cash Tops $300 as South Korean Trading Volumes Surge
The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
South Korean Crypto Yield Firm Haru Invest Fires More Than 100 Employees: Report
Earlier this month, Haru Invest suddenly halted withdrawals and deposits.
Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request
Courts in the country approved bail for the Terraform Labs founder, but a South Korean extradition request is set to keep him in jail.
South Korean Crypto Yield Platform Haru Invest Pauses Withdrawals and Deposits
The firm blamed the pause on a “certain issue” with one of its service partners, and said it is working on a contingency plan, according to a blog update.
Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report
A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
The new rule was fueled by conflict of interest worries.