South Korea | ForkLog

ForkLog 11 06.07.2022

US and South Korea to exchange data on Terra ecosystem collapse investigation

The Seoul Southern District Prosecutor's Office and the regulator for the Southern District of New York have agreed to exchange information regarding the Terra ecosystem collapse investigation, Yonhap reports.

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ForkLog 11 09.06.2022

Seoul Police Open Investigation into Terraform Labs Employee

The Seoul Metropolitan Police Agency has initiated an investigation into one of Terraform Labs' employees. The agency is examining information concerning potential misappropriation of corporate funds.

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ForkLog 10 01.06.2022

Media reports on the creation of a digital assets committee in South Korea

The South Korean authorities will create a temporary Committee on Digital Assets after the Terra ecosystem's collapse. Local media report this.

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ForkLog 12 30.05.2022

Journalists report probe into Terraform Labs staff in South Korea

South Korean authorities have initiated an investigation into Terraform Labs staff as part of the probe into the collapse of the ecosystem, according to local news agency JTBC.

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ForkLog 15 25.05.2022

Terra ecosystem collapse draws regulators’ attention in South Korea

On Tuesday, 24 May, financial regulators held an emergency session in the National Assembly of South Korea regarding the potential consequences of the Terra collapse.

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ForkLog 11 20.05.2022

Bitcoin exchange Gopax raises $23.7 million in round with DCG participation

Streamy, the operator of the South Korean cryptocurrency exchange Gopax, announced the closing of a 30-billion-won ($23.7 million) Series B financing round.

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ForkLog 9 19.05.2022

South Korea to revive interagency task force to probe Terra collapse, reports say

South Korean authorities have revived an interagency task force disbanded more than two years ago to investigate Terra's collapse. The team was previously nicknamed the Grim Reapers, local media reported.

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ForkLog 11 18.05.2022

South Korea to sue Terraform Labs CEO over UST collapse

One of South Korea's leading law firms, LKB & Partners, is preparing to file a lawsuit against Terraform Labs CEO Do Kwon. Local media report, citing the company's statement.

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ForkLog 10 17.05.2022

Media: Terra collapse to be debated in Parliament in South Korea

A representative of the South Korean People Power Party Yun Chan-Hen urged parliamentary hearings on the recent Terra ecosystem collapse.

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ForkLog 7 04.05.2022

Media reports plan by South Korea’s president to delay crypto tax for Bitcoin traders

The president-elect of South Korea, Yoon Suk Yeol, intends to press for delaying crypto taxation until the country develops a comprehensive regulatory framework. Cointelegraph reports.

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ForkLog 15 25.03.2022

South Korean crypto exchanges to comply with FATF guidance

The Financial Services Commission of South Korea notified cryptocurrency firms from 25 March 2022 to comply with the FATF travel rule. They must collect and share information about users making transactions of 1 million won or more (about $817).

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ForkLog 9 28.02.2022

South Korea earmarks $186 million for national metaverse project

The Ministry of Science, ICT and Future Planning of South Korea has allocated 223.7 billion won (about $186 million) to create a metaverse ecosystem.

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#South Korea