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Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets

8.2.2021
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates

Bank of Korea publishes book on central bank digital currency's legal issues

8.2.2021
South Korea's central bank has issue a book on legal matters that would need to be addressed to ensure the smooth operations and usefulness of a future central bank digital currency

Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token

5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...

A Hat Generates Big Controversy In Latest Sky: Children Of Light Update

5.2.2021
The latest update to thatgamecompany’s Sky: Children of Light introduced a new hat that has stirred up controversy among the game’s Chinese and Korean fans, with both sides claiming cultural significance related to the cosmetic item and refusing to give an inch on social media.Read more

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

5.2.2021
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021

Japanese Pop Star Talks About Her Facet as Crypto Investor — J-Pop Band Releases NFT Trading Cards

3.2.2021
Asian showbiz stars have been actively speaking about cryptocurrencies on major broadcasting networks. The Japanese pop sphere is not lagging behind, as one of its stars was featured in an interview talking about cryptos. Former Nogizaka46 Band Member Already Sold Her Crypto Holdings Nakada Kana,...

Hanwha to acquire $52M stake in crypto exchange Upbit’s parent company

3.2.2021
Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu

Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

30.1.2021
U.S. Judge Kevin Castel also denied the ethereum developer’s request for more details about what he’s being charged with

Federal Court Rejects Motion Filed by Crypto Developer Virgil Griffith to Dismiss Charges on Aiding North Korea

30.1.2021
A U.S. federal judge has rejected a motion filed by a former Ethereum Foundation developer over allegations of assisting North Korea to bypass sanctions. Prosecutors claim, Virgil Griffith, aided the regime by providing critical information on cryptocurrencies. Prosecutors Say Griffith’s...

Ethereum dev must face jury for allegedly helping North Korea evade sanctions

29.1.2021
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury

South Korean Tax Agency Carries out Irregular Audit on Crypto Exchange Operator

26.1.2021
The team of investigators requested past data and transaction details from Korea Digital Exchange

‘Over-Regulation’ May Scupper South Korea’s Fledgling Crypto Sector

22.1.2021
Source: Adobe/y fran_kie Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law – which will promulgate in a matter of weeks – could marginalize the industry. Per a report from EBN, voices of concern are growing louder within the crypto sector, with some...

Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules

20.1.2021
The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact, the executive believes there will only be between four and seven exchanges surviving the new regulation. Smaller Companies Unlikely...

South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders

19.1.2021
The tool is aimed to help traders make better decisions based on market sentiment

Huobi Korea scores certification from Korea Internet and Security Agency

18.1.2021
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act

K-Pop Sensation Mamamoo to Mint Digital Collectibles on Polkadot

16.1.2021
The popular K-Pop girl band's parent company RBW is now selling its singers' digital products on the blockchain

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

15.1.2021
A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme...