South Korea | ForkLog

ForkLog 22 12.07.2023

South Korea to require disclosure of digital-asset holdings

From January 2024, the FCS will require firms to disclose holdings of digital assets on their balance sheets. This follows from updated accounting rules.

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ForkLog 20 30.06.2023

South Korea Passes Bill on Digital Assets

South Korea's parliament passed a law protecting users of digital assets, spurred by the Terra collapse.

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ForkLog 11 26.06.2023

South Korea’s KT to invest $5.3 billion in AI

South Korea's KT Corporation will allocate 7 trillion won (~$5.3 billion) to research and development of AI-based products over five years.

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ForkLog 15 13.06.2023

Haru Invest platform halts withdrawals

The South Korean platform for crypto-asset management Haru Invest has halted withdrawals and deposits, citing problems with service partners.

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ForkLog 11 08.06.2023

Opinion: Do Kwon faces prison time in the United States and South Korea

Co-founder and chief executive of Terraform Labs (TFL) Do Kwon may face multiple prison sentences in the United States and South Korea.

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ForkLog 8 26.05.2023

Former Coinone employee pleads guilty to bribery charges

A former Coinone employee, surnamed Jeon, pleaded guilty to bribery charges.

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ForkLog 12 15.05.2023

Raids at Upbit and Bithumb Over Suspicious Crypto Transactions by Deputy Kim Nam-kuk

South Korean prosecutors conducted raids and asset seizures at the offices of the Upbit and Bithumb bitcoin exchanges in connection with an investigation into suspicious transactions by National Assembly deputy Kim Nam-kuk.

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ForkLog 13 15.05.2023

Samsung to Pilot Digital Won in Offline Payments

The Bank of Korea (BoK) and Samsung Electronics have agreed to continue researching CBDC technology in the offline-payments sector, according to SamNews 24.

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ForkLog 11 08.05.2023

Media: South Korean lawmaker suspected of illicit crypto transfers

The South Korean prosecutor's office reported a series of suspicious digital-asset transactions carried out by opposition party lawmaker Kim Nam-kuk.

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ForkLog 15 06.05.2023

South Korea urges extradition of Do Kwon to his homeland

The South Korean prosecutor leading the Do Kwon investigation urged extradition of Terraform Labs CEO Do Kwon to South Korea.

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ForkLog 13 24.04.2023

Do Kwon’s Lawyers Seek Dismissal of SEC Charges

Lawyers for Terraform Labs chief Do Kwon filed a petition with a U.S. court to dismiss the charges brought by the SEC.

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ForkLog 11 24.04.2023

Media: Bank of Korea to tighten oversight of digital assets

The Bank of Korea (BoK) will gain authority to investigate and monitor the activities of cryptocurrency firms, according to The Korea Herald.

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#South Korea