Tag: South Korea

Binance is currently facing challenges in its business endeavours in South Korea due to legal issues with financial regulators in the United States. The U.S. SEC recently filed a lawsuit against Binance; it accused the crypto exchange of commingling user funds and violating multiple securities regulations. The regulator brought 13 ...

South Korea has been grappling with a rise in criminal activities involving digital assets, prompting the nation to expedite the implementation of a comprehensive Virtual Asset User Protection bill. This bill comprises 19 bills specifically targeting cryptocurrencies, reflecting the country's commitment to adopting blockchain technology and enacting relevant legislation. According ...