Tag: South Korea

Eun-bo Jeong, Chairman of the South Korea Exchange, has expressed interest in pursuing the approval of cryptocurrency exchange-traded funds (ETFs) as part of efforts to revitalize the country's financial markets. South Korean media outlet The Fact reported that during his address at the 2025 Securities and Derivatives Market Opening Ceremony ...

The United States and South Korea are reportedly collaborating on developing advanced mechanisms to combat cryptocurrency thefts allegedly tied to North Korea.  According to South Korea's Yonhap News Agency, the two nations have signed an agreement to jointly develop technologies to prevent cryptocurrency thefts, with plans extending through 2026. The ...

Ki Young Ju, CEO and founder of CryptoQuant, has voiced strong concerns about South Korea's economic trajectory, criticizing current government policies for exacerbating economic instability and diminishing the appeal of domestic assets. In a recent post on X, Ki highlighted the strengthening of the Korean Won as a key issue, ...

Kim Nam-guk, a former Democratic Party lawmaker in South Korea, is reportedly facing up to six months in prison after prosecutors accused him of hiding millions in cryptocurrency holdings and failing to properly disclose his wealth during financial reporting in 2021 and 2022. According to local reports, Kim allegedly did ...

Jeong Eun-bo, chairman of the South Korea Exchange, has emphasized the growing importance of the virtual currency market, which he believes has become too significant for traditional markets to ignore.  In an interview with South Korea's Maeil Kyungjae, Eun-bo emphasized the need to institutionalize the cryptocurrency market, much like traditional ...

South Korea’s Digital Asset Protection Foundation has officially commenced operations to protect cryptocurrency users impacted by the closure of several exchanges in the country. According to local reports, the Foundation is working to complete the transfer of assets from up to eight closed crypto companies by the end of the ...

South Korea's leading cryptocurrency exchange, Upbit, has officially announced the listing of MOCA, the native token of the metaverse project, Mocaverse, with trading set to commence on December 16, 2024, at 2:00 PM Koeran time.  MOCA will be available for trading in three pairs: Korean Won (KRW), Bitcoin (BTC), and ...

South Korea's Financial Supervisory Service (FSS) has begun investigating the cryptocurrency exchange Coinone due to significant price fluctuations in the MOVE token. According to a report from the local news outlet MTN, the investigation seeks to identify any potential cases of unfair trading. The investigation stems from a dramatic price ...

Crypto Man, a highly anticipated South Korean film, is set to hit theatres on January 15, 2025. The movie, inspired by real events surrounding a $34.9 billion cryptocurrency market collapse, explores the societal and financial fallout of the crisis. According to South Korean media outlet JTBC, the movie's director, Hyun ...

South Korea has delayed the implementation of its controversial 20% cryptocurrency tax for the third time, extending the deadline to 2027. Democratic Party (DP) floor leader Park Chan-dae announced a postponement of cryptocurrency tax enforcement, citing the need for more institutional preparation and a comprehensive overhaul of existing frameworks. This ...