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South Korea
Alchemy Pay Raises $10M at $400M Valuation to Push South Korean Expansion Plans
The funding came from DWF Labs, its eighth investment of $10 million or more in the last six weeks.
XRP Trading Volumes Surges to Billions of Dollars on South Korean Crypto Exchanges
XRP trading made up nearly 50% of all volume on Korbit, a prominent local exchange.
Do Kwon Extradition Requested by U.S., South Korea: Montenegro Justice Minister
The U.S. and South Korea have both requested for the extradition of TerraForm Labs founder Do Kwon, according to Montenegro's Justice Minister Marko Kovac. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest developments.
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
The APT43 group steals crypto to fund operations and launders it through cloud mining services.
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The guidance requires interested parties, such as issuers and brokers, to determine whether or not a token is a security.
South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses
The government sanctions targeted four individuals and seven institutions – some with alleged ties to the elite North Korean hacking group Lazarus.
First Mover Americas: Bitcoin in the Red for Fifth Straight Day
The latest price moves in crypto markets in context for Feb. 6, 2023.
South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms
Financial regulators in South Korea are working to bring security tokens into the scope of the country's capital markets rules.
Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.
South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report
Kang Jong-Hyun is charged with embezzlement, breach of trust and fraudulent illegal transactions.
