South Korea

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A former executive from Bithumb is facing potential jail time due to a cryptocurrency listing controversy.
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KuCoin Launches a Special Initiative Aimed at Offering South Korean Users Exciting Rewards and Benefits.
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Amidst the declaration of martial law, Bitcoin's price plummets to below $88,000 across South Korean cryptocurrency exchanges.
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Korean Cryptocurrency Exchanges are confronted with challenging choices as a new law mandates quarterly evaluations and potential delistings of around 600 Altcoins.
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Do Kwon, co-founder of Terraform Labs, wins an appeal against his extradition from Montenegro to the United States.
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Mocaverse is extending its influence in South Korea through partnerships with Cube Entertainment, IPX Daehong Communication, Nine Chronicles M, and GOMBLE.
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In an election pledge, South Korea’s National Power Party is deliberating on the introduction of Bitcoin Spot ETFs.
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CEO of Crypto Exchange Bitsonic has been sentenced to seven years behind bars for orchestrating a $7.5 million fraud.
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A former developer at Terraform Labs testifies that Do Kwon intentionally misled investors regarding TerraUSD.
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South Korea’s Financial Services Commission is advocating for mandatory licensing of cryptocurrency executives through a new regulatory amendment.
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KakaoBank is collaborating with Digital Realty to create an AI laboratory aimed at revolutionizing mobile banking services.
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Rebellions, a South Korean AI company, secures $124 million in funding to enhance its AI chip ‘Rebel’ for Large Language Models in collaboration with Samsung.
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South Korean Blockchain karaoke service Somesing has reported a hack resulting in a loss of $11.58 million.
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Samsung plans to incorporate Baidu’s Ernie AI Bot into its Galaxy S24 smartphone specifically for Chinese consumers.
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KT, South Korea’s telecommunications giant, has decided to discontinue its NFT platform ‘MINCL’ due to evolving market conditions.
Business News Report
Venture Smart Financial Holdings is set to launch a Spot Bitcoin ETF in the first quarter of the year.
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Georgieva, Managing Director of the IMF, labels cryptocurrency an asset class while highlighting the stability of the US dollar.
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SEC postpones the trial for Do Kwon of Terraform Labs to facilitate the finalization of his extradition proceedings.
Business News Report
Kakao Pay in South Korea will stop providing cryptocurrency asset services starting February 16.
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WEMIX announces that it will cease WENIX token minting rewards on a per-block basis.
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A new regulatory overhaul in South Korea suggests a ban on credit card usage for purchasing cryptocurrencies.