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Nalezeno "South Korean Crypto": 180

Authorities order South Korean crypto platforms to maintain reserves


Crypto exchange platforms in South Korea have been instructed by relevant authorities to maintain reserves with Korean banks. This pertains to the intention of the government to protect those who are venturing out on the path to build a portfolio with digital tokens. Per the instructions, crypto...

Regulatory Investigation Targets South Korean Crypto Lender Delio


South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust. According to reports from local news outlet Digital Asset, the investigation sprouts from Delio's...

South Korean ‘Crypto Drug-trading Teens’ Jailed


A “continuous” flow of South Korean teens is being given jail time as law enforcers continue a crackdown on crypto-powered drug trading. Kyungnam Shinmun reported that courts in the southern city of Changwon are now “sentencing teens and people in their twenties to imprisonment, one after...

South Korean Crypto Exchanges Set to Renew Banking Deals


South Korea’s leading crypto exchanges are ready to renew their banking deals – in a sign that relations between the “big four” trading platforms and the traditional financial sector remain strong. Per Business Post, Bithumb is close to sealing an agreement with NongHyup Bank (NH Bank)....

South Korean Crypto Exchange CEO to Serve 25 Years in Jail After Appeal Fails


The CEO of a South Korean crypto exchange who was found guilty of murdering his lover by stabbing her and pushing her out of a 19th-storey apartment window has had his appeal rejected – and will serve 25 years in prison.... Read More: South Korean Crypto Exchange CEO to Serve 25 Years in Jail After...

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