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South Korea
South Korea’s Crypto Firms Will Have to Self-Regulate Under New Guidance
The guidance requires interested parties, such as issuers and brokers, to determine whether or not a token is a security.
South Korea Blacklists North Korean Crypto Thieves, Flags Wallet Addresses
The government sanctions targeted four individuals and seven institutions – some with alleged ties to the elite North Korean hacking group Lazarus.
First Mover Americas: Bitcoin in the Red for Fifth Straight Day
The latest price moves in crypto markets in context for Feb. 6, 2023.
South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms
Financial regulators in South Korea are working to bring security tokens into the scope of the country's capital markets rules.
Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX
The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.
South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report
Kang Jong-Hyun is charged with embezzlement, breach of trust and fraudulent illegal transactions.
South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
South Korean Crypto Exchange Bithumb Under Investigation For Price Manipulation: RPT
The offices of Bithumb were raided on Thursday as part of an investigation into price manipulation of an unidentified coin listed on the South Korean crypto exchange, Yonhap reported. This comes as Bithumb Chairman Kang Jong-Hyun and two other executives were charged with fraud. "The Hash" hosts discuss the latest in the world of global crypto regulation.
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit, and said they will also examine relevant transactions on other exchanges.
South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?
The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
