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South Korea’s Upbit Adds BIGTIME; Bithumb Adds JTO, ETHFI KRW Markets
5.9.2024
South Korea’s two leading crypto exchanges, Upbit is adding BIGTIME Korean Won trading market and Bithumb is adding…
South Korean Regulator Unveils Plan to Inspect Crypto Exchanges for Illegal Practices
5.9.2024
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe...
South Korea to inspect crypto exchanges for suspicious transactions
4.9.2024
South Korea’s FSS to enforce stricter regulations on crypto exchanges, with possible legal repercussions for noncompliance
South Korea to inspect crypto exchanges for suspicious transactions
4.9.2024
South Korea’s FSS is set to enforce stricter regulations on crypto exchanges, with possible legal repercussions for noncompliance
Mt. Gox Wouldn't Have Happened With Modern Tools, Mark Karpeles Says
4.9.2024
South Korea Investigates Telegram Over Deepfake Crime Allegations
4.9.2024
South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for similar investigations. “Telegram does not readily provide investigation data, such...
China and South Africa Boost BRICS Ties: Key Outcomes from Xi’s Meeting With Ramaphosa
4.9.2024
China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the importance of expanding BRICS and enhancing economic...
Turkey Seeks to Join BRICS to Strengthen Global Influence
4.9.2024
Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the shifting geopolitical landscape as an opportunity...
Yonsei University Joins Ripple’s UBRI to Advance Blockchain Research in South Korea
3.9.2024
Yonsei University in South Korea has joined Ripple’s University Blockchain Research Initiative (UBRI), becoming the 58th global partner and the 12th in the Asia Pacific region. This partnership aims to drive innovation in blockchain research across various disciplines, including artificial...
South Korea joins global crackdown on Telegram, cites deepfakes
3.9.2024
South Korea has joined the growing list of global jurisdictions, launching a probe against Telegram over illicit content dissemination
South Korea joins global crackdown on Telegram, cites deepfakes
3.9.2024
South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination
Meet the Finance Industry Players at South Africa Traders Fair 2024
2.9.2024
The South Africa Traders Fair 2024 is fast approaching, and anticipation is building for what promises to be…
Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months
2.9.2024
South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a fake cryptocurrency mining business. The scam resulted...
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...
South Korea’s Bitcoin Premium Persists Amid Market Volatility
31.8.2024
Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900, reflecting a 1.52% premium. Despite First Negative Dip Since Oct. 2023...
South African Fintech Firm Raises $7.5 Million to Expand Financial Inclusion
30.8.2024
Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will help Omnisient expand its technology to African, European, and U.S. markets. The startup is also...
Chiliz blockchain and ‘Google of South Korea’ partner on crypto wallet
30.8.2024
South Korean internet search giant Naver is launching a non-custodial crypto wallet, adding the Chiliz blockchain as its first
Crypto Firm’s CEO Stabbed in Court During Fraud Trial in Seoul
30.8.2024
The CEO of cryptocurrency deposit service Haru Invest was stabbed in the neck during his fraud trial in Seoul. The attack occurred in the courtroom, carried out by a man in his 50s. Lee survived the attack with non-life-threatening injuries and was taken to a hospital. Crypto Platform’s...
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
29.8.2024
The executive was taken to hospital; his injuries were not life threatening
40 Nations Join US and South Korea in Combating North Korean Crypto Crimes
29.8.2024
The U.S. Department of State and the Republic of Korea’s Ministry of Foreign Affairs co-hosted a symposium in New York City on Tuesday, focusing on protecting the virtual asset industry from exploitation by North Korea (DPRK) and disrupting its revenue generation. The event aimed to curb...