Tag: South Korea
Terraform Labs Former CFO is Extradited to South Korea
Reading time: < 1 minuteMontenegrin police have stated that former CFO of Terraform Labs, Han Chang-joon, has been extradited from Montenegro to South Korea.
South Korea Allows People Report Unlicensed Cryptocurrency Exchanges
Reading time: < 1 minuteOn December 4, regulators in South Korea advised individuals to report any unlicensed cryptocurrency exchanges operating in the region.
South Korea Will Launch A CBDC Pilot
Reading time: < 1 minuteThe Bank of Korea (BOK) is preparing to launch a pilot program for a central bank digital currency (CBDC) in collaboration with the Financial Services Commission (FSC) and Financial Supervisory Service (FSS).
South Korea’s Pension Fund Acquires Coinbase Shares
Reading time: < 1 minuteThe National Pension Service of South Korea recently acquired $19.9 million worth of Coinbase shares.
Bithumb to Go Public in 2025
Reading time: < 1 minuteAccording to a report from Edaily, Bithumb, a South Korean cryptocurrency exchange, is currently making plans to go public in Korea through an initial public offering.
South Korean Telecommunications Company Will Launch a Web3 Wallet
Reading time: < 1 minuteSK Telecom (SKT) has announced that it will be launching a new Web3 wallet service, called T wallet, in collaboration with Aptos Labs and Atomrigs Lab.
South Korea Will Pilot its CBDC in Jeju, Busan and Incheon
Reading time: < 1 minuteThe Bank of Korea has selected Jeju, Busan and Incheon as potential areas for a pilot scheme of its central bank digital currency (CBDC).
South Korea Plans to Help Crypto Exchanges Increase Measures to Combat Crimes
Reading time: < 1 minuteThe government has decided to help the Virtual Asset Service Providers (VASP) to strengthen compliance with the law and increase measures to combat crimes.
Hedera and Shinhan Bank Test Cross-border Payments through Stablecoins
Reading time: < 1 minuteShinhan Bank, from South Korea, has finished a proof-of-concept to use stablecoins for international money transfers, supported by the Hedera Hashgraph network.
Haru Invest Stops Deposits and Withdrawals from its Platform
Reading time: < 1 minuteHaru Invest has announced that it is temporarily suspending deposits and withdrawals due to “issues with service partners.”
