South Korea Will Pilot its CBDC in Jeju, Busan and Incheon
Reading time: < 1 minute The Bank of Korea has selected Jeju, Busan and Incheon as potential areas for a…
South Korea Plans to Help Crypto Exchanges Increase Measures to Combat Crimes
Reading time: < 1 minute The government has decided to help the Virtual Asset Service Providers (VASP) to strengthen compliance…
Hedera and Shinhan Bank Test Cross-border Payments through Stablecoins
Reading time: < 1 minute Shinhan Bank, from South Korea, has finished a proof-of-concept to use stablecoins for international money…
Haru Invest Stops Deposits and Withdrawals from its Platform
Reading time: < 1 minute Haru Invest has announced that it is temporarily suspending deposits and withdrawals due to "issues…
Tech Giant Samsung and the Bank of Korea Intend to Test Digital Won in Offline Payments
Reading time: < 1 minute Samsung Electronics and the Bank of Korea (BOK) have signed a memorandum of understanding to…
Coinone Employees Are Arrested By South Korea’s Police
Reading time: < 1 minute A Seoul Southern District Court Judge, Kim Ji-sook, issued an arrest warrant on Monday for…
Hackers Withdraw $13M from Korean Crypto Exchange Gdac
Reading time: < 1 minute The administration of trading platform Gdac has recently confirmed that hackers managed to steal around…
South Korean Prosecutor’s Office Finds $314M Reportedly Linked to Do Kwon and Terraform Labs
Reading time: < 1 minute The South Korean prosecutor's office has revealed that TerraForm Labs (TFL) had illegally acquired 414.5…
Criminal Transactions in South Korea Exceed $4 Billion
Reading time: < 1 minute The South Korean Customs Service has reported that the amount of criminal transactions involving digital…
South Korea Blacklists North Korean Hackers
Reading time: < 1 minute The South Korean authorities have recently included in its sanctions list a number of North…
