South Korean 'cryptocrash' boss Do Kwon extradited to US - BBC
1 day ago · For months, the US and South Korea have been seeking Kwon's extradition, alleging that fraud led to the failure of the company behind the tokens, which sunk some $40bn (£31.7bn) from investors ...
Bitcoin’s ‘Kimchi Premium’ Jumps Amid South Korean Political …
1 day ago · A key metric to gauge the interest in Bitcoin from investors in South Korea has risen this week to a four-month high, as the political turmoil in the East Asian country deepens. “Kimchi Premium ...
South Korea’s Crypto Investors Exceed 15 Million
4 days ago · South Korea now has over 15M crypto investors, with November trading volume hitting ₩14.9T—on par with the stock market. BTC $98,638.63 1.25%. ETH $3,495.08 1.02%. ... Bitcoin News. MicroStrategy Proposes Significantly Increasing Number of Shares to Buy More Bitcoin . 2024-12-24 10:14:00, ...
Cryptocurrency in South Korea | Latest News by Cointelegraph
South Korea has stringent crypto regulations focused on preventing illegal activities and ensuring transparency. Cryptocurrencies like Bitcoin (BTC) are regulated under precise Anti-Money...
Why Martial Law Threw South Korea’s Crypto Markets into Chaos
Dec 8, 2024 · A South Korean expert says panicked investors thought their crypto was under threat when President Yoon Seok-yul declared martial law last week. In an opinion piece for Hankyoreh, the author and crypto journalist Kim Oe-hyeon identified four key reasons why domestic traders responded to Yoon’s move with a mass sell-off.
Crypto markets claw back as South Korea reverses martial law
Dec 3, 2024 · The cryptocurrency market regained some footing after South Korea’s President Yoon Suk Yeol withdrew his declaration of martial law less than six hours after imposing it. The...
South Korea’s Emergency Martial Law Hits Crypto Market
Dec 3, 2024 · South Korea's President Yoon Suk Yeol declares martial law citing threats from pro-North Korean forces. Crypto markets face heightened activity, with significant USDT inflows and Bitcoin price swings on Upbit.
$40bn crypto collapse turns South Korea against the ‘Lunatic’ …
May 23, 2022 · On Friday, South Korean prosecutors launched an investigation into Kwon’s Terraform Labs after five local crypto investors with combined damages of Won1.4bn ($1.1mn) filed a criminal complaint...
South Korea Crypto News | CryptoSlate
South Korea's success in reclaiming stolen crypto marks a breakthrough in combatting North Korean cybercrime. The prohibition follows a larger ban on crypto ETFs effective since 2017 due to the South Korean's Capital Markets Act. Blurred IDs and potential fines loom over South Korea's largest crypto exchange in KYC compliance debacle.
South Korea’s inaugural crypto law goes into full effect
Jul 18, 2024 · South Korea’s first crypto regulatory framework is now in full effect. Put on a fast track following the disastrous collapse of Terra-Luna and FTX in 2022, the new set of rules focuses on ensuring safety nets for cryptocurrency investors.