Search

Nalezeno "South": 3318

South Korea eyes KuCoin, BitMEX in crypto exchange crackdown

21.3.2025
South Korean authorities are reportedly looking into blocking crypto exchange platforms that may have operated without adhering to the requirements set by the country’s financial regulator. On March 21, local media Hankyung reported that the Financial Intelligence Unit (FIU) of...

Crypto Exchange Bithumb Raided by South Korean Prosecutors Over Embezzlement Allegations: Report

20.3.2025
Investigation centers on claims that Bithumb helped a former CEO finance an apartment

South Korea raids Bithumb amid ex-CEO’s alleged $2M embezzlement

20.3.2025
South Korean prosecutors raided crypto exchange Bithumb following suspicions that its former CEO embezzled funds to purchase an apartment. On March 20, Seoul’s Southern District Prosecutors Office reportedly searched Bithumbs offices in the country. The investigation centered around...

Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns

19.3.2025
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to...

The Man Who Stabbed CEO of South Korean Crypto Firm Haru Invest Could Face Decade in Prison

19.3.2025
The CEO of South Korea’s Haru Invest was stabbed in court during his fraud trial in August 2024

South Korea’s Haru Invest CEO Attack Could Result in 10-Year Sentence

19.3.2025
A South Korean man could face 10 years in prison for stabbing the CEO of Haru Invest, a…

South Korea to Trial CBDC With 100,000 Users and 7 Banks

19.3.2025
South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s...

South African Parliament’s Social Media Accounts Hacked to Promote Fake Crypto

18.3.2025
Hackers recently breached the South African Parliament’s social media accounts, including X, Facebook, and Youtube, to promote a fake cryptocurrency named after President Cyril Ramaphosa. Fake Token Created 24 Hours Before Breach On March 15, the hacked social media accounts of the South...

Bank of Korea Rejects Bitcoin for Reserves, Citing High Volatility and Liquidity Concerns

18.3.2025
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank...

South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report

17.3.2025
The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy

Bank of Korea to take ‘cautious approach’ to Bitcoin reserve

17.3.2025
The Bank of Korea says it is taking a “cautious approach” to potentially including Bitcoin as a foreign exchange reserve.Officials from the Korean central bank said in a March 16 response to a written inquiry that they have not looked into a potential Bitcoin (BTC) reserve, citing high...

South Korea: Not Considering Including Bitcoin in Foreign Exchange Reserves

17.3.2025
Amid the growing advocation of Bitcoin reserves, the Bank of South Korea has clearly stated that it “has…

MTI Co-Mastermind Clynton Marks Arrested Over Unanswered Questions

13.3.2025
One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his account. Marks’ Answers Unsatisfactory Clynton Marks, one of the alleged masterminds of the South...

South Korea Opens Door to Institutional Crypto Investment

13.3.2025
South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This move aims to develop...

Bolivian State Energy Firm to Use Crypto to Pay for Imports: Reuters

12.3.2025
YBFB hopes that using crypto will be a direct solution to the nation's shortage in U.S. dollars and foreign currency reserves

VALR Founder: Bitcoin’s History of Value Appreciation Makes It an Ideal Treasury Asset

9.3.2025
Farzam Ehsani, CEO of VALR, argue that Bitcoin’s decentralized and limited supply make it an attractive hedge against inflation and currency risk. Bitcoin a Hedge Against Currency Depreciation As South African firm Altvest Capital makes headlines as the first publicly traded company to adopt...