Korea
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Cryptocurrency
South Korea prepares further crypto legislation focused on asset issuance, stablecoin regulation
South Korean financial authorities are preparing the second phase of the crypto asset law to regulate various aspects of the…
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Cryptocurrency
South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act at its plenary session on June 30, local…
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Cryptocurrency
Haru Invest execs grounded in South Korea amid fraud suspicions
On June 25, according to Digital Asset, the South Korean prosecutor’s office has banned Hull Investment executives from traveling abroad…
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Cryptocurrency
South Korea is researching offline CBDC payments via Samsung devices
According to a press release, the Bank of Korea (the country’s central bank) signed a memorandum of understanding with Samsung…
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Business
British American Tobacco Pays U.S. $635 Million for North Korea Cigarette Scheme
British American Tobacco has agreed to pay more than $635 million in fines for selling cigarettes to North Korea through…
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Cryptocurrency
South Korea indicts Terra co-founder Daniel Shin
South Korean prosecutors have charged Terraform Labs co-founder Daniel Shin and nine others with multiple charges, including capital market law…
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Cryptocurrency
Terra executives made over $300M from failed project; Do Kwon owns no property in South Korea
South Korean prosecutors said Terraform Labs executives, including Do Kwon and Daniel Shin, made 414.5 billion won ($314.2 million) by…
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Gaming PC
Samsung Seeks to Make South Korea No. 1 Chipmaker with $230B Investment Over 20 Years
Samsung on Wednesday announced plans to invest $230 billion over the next 20 years in South Korea’s new semiconductor production…
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Cryptocurrency
British citizen who helped North Korea evade US sanctions via crypto arrested in Moscow
advertisement Britain’s Christopher Douglas Ems, who was wanted by the FBI for allegedly helping the North Korean government evade US…
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