Reading Time: < 1 minute Huobi Global and its local subsidiary Huobi Korea have recently signed a memorandum of understanding (MoU) with the government of the Korean city of Busan.
Reading Time: < 1 minute Seven of the largest South Korean brokerage companies have applied for corporate structure approval to launch crypto exchanges in the first half of 2023.
Reading Time: < 1 minute Officials from the Seoul Southern District Prosecutor’s Office have raided the home of the Terraform Labs co-founder.
Reading Time: < 1 minute LKB & Partners, one of the leading law firms in South Korea, is preparing to sue Terraform Labs CEO Do Kwon.
Reading Time: < 1 minute The Financial Services Commission of South Korea (FSC) has confirmed non-fungible tokens (NFTs) generally do not fall within the definition of virtual assets and must not regulated as such.
Reading Time: < 1 minute Korea’s Financial Services Commission has banned South Korean cryptocurrency trading platforms from handling tokens issued by themselves.
Reading Time: < 1 minute Korea’s Financial Intelligence Unit (FIU) has ordered multiple cryptocurrency exchanges in the country to delist some tokens.
Reading Time: < 1 minute South Korea’s Financial Services Commission (FSC) has just submitted a new proposal aimed at banning cross-trading on crypto exchanges.
Reading Time: < 1 minute The volume of deposits and withdrawals from South Korean banks to cryptocurrency trading platforms has experienced a considerable increase recently.
Reading Time: < 1 minute The central bank of South Korea is one step closer to launch its own central bank digital currency or CBDC.
Reading Time: < 1 minute The kimchi premium, which is the fact Bitcoin trades at a higher price in Korean crypto exchanges than in other markets, has returned.
Reading Time: < 1 minute The Bank of Korea, the country’s central bank, wants to have a stricter control on cryptocurrency trading in the country.