Browsing Tag
South Korea
18 posts
Candidates in South Korea’s democratic party obliged to reveal Crypto holdings, ensuring transparency
The Democratic Party of Korea, holding 167 seats in the National Assembly, has introduced a mandatory requirement for…
South Korea’s public figures openly share Crypto holdings in a transparency move
Senior public officials in South Korea’s Gyeonggi province have taken a significant step towards transparency by declaring their…
Motion for lawmaker’s expulsion in South Korea over Crypto scandal falls short
In a recent decision, South Korea’s parliamentary ethics subcommittee has voted against the expulsion of Kim Nam-kuk, a…
A New Cryptocurrency Bill Passed in South Korea to Combat Unfair Trading
South Korea has passed its inaugural independent legislation for digital assets, aimed at enhancing safeguards for investors following…
Lazarus hacking group converts stolen Cryptocurrency into fiat, OFAC sanctions three individuals
The fear of using cryptocurrencies in cyber-terrorism seems to be very realistic now after the United States Department…
Hackers steal $13 million in digital assets from South Korean Crypto exchange GDAC
On 10 April, South Korean crypto exchange GDAC announced that they are halting the deposits and withdrawals due…
South Korea’s Financial Services Commission calls for clearer definition of digital assets and virtual assets
The Financial Services Commission (FSC) of South Korea has requested a more precise definition of digital assets and…
South Korean controllers mean to harden crypto extortion disciplines
The regulation, separate from the forthcoming Advanced Resource Fundamental Demonstration, may came into force currently in 2023.In the…