South Korea Announces $51M Investment for Expansion of Metaverse-Related Projects
A $51 million expenditure has been made public by South Korea to support the growth of its metaverse sector.
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Latest firstSouth Korea imposes independent sanctions on North Korea-tied individuals, firms for crypto theft
The sanctioned individuals are Park Jin-hyok, Jo Myong-rae, Song Rim, and Oh Chung-Seong
South Korea’s FSC Issues Guidelines for Regulating Security Tokens
The nation's Capital Markets Act will govern digital assets that meet the criteria for security tokens.
Former Chairman of Bithumb arrested in South Korea over embezzlement charges
As the suspected actual owner of the exchange is being sought, the net draws closer to the Bithumb officials.
South Korea’s Justice Ministry to deploy crypto tracking system in 2023
The "Virtual Currency Tracking System" will mainly be used to monitor transaction history and extract relevant information
South Korean prosecutors seeks arrest warrant for crypto exchange Bithumb owner
Kang is facing charges of embezzlement, breach of trust, and fraudulent, illegal transactions.
South Korean Court Freezes $94 Mln In Assets Tied To Collapsed Terraform Labs
The assets are tied with former and incumbent CEOs of Terraform Labs' affiliate blockchain consultancy firm Kernel Labs.
Terraform Labs CEO Do Kwon hiding in Serbia, says South Korea
South Korea's Ministry of Finance "is in the process of requesting cooperation from the Serbian government"
South Korean authorities freeze Terra’s co-founder Daniel Shin’s $104 million
Shin is accused of allegedly making unfair profits from issuing in-house tokens LUNA and TerraUSD and also faces charges of breach of duty.
South Korea’s FSC to monitor crypto whales for money laundering
FSC will monitor crypto whales with assets over $70,000 for AML compliance