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South Korea
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea's national elections are scheduled for later this year on April 10.
Crypto Crime Could Mean Jail for Life in South Korea
The new consumer protection rules will take effect in July 2024.
Haru Invest Execs Arrested in South Korea for Allegedly Stealing $828M Worth of Crypto: Report
The platform paused withdrawals and fired 100 employees last June citing issues with service partners.
Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.
South Korean Regulator to Discuss Spot Bitcoin ETF With U.S. SEC: Report
In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulation.
Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX
The world's largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law
Further review and consideration regarding crypto ETFs is planned, the regulator says.
South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges."
South Korea to Make Officials' Crypto Disclosures Public
Public officials will be provided an asset disclosure service starting next year to report crypto and other holdings, South Korea's Ethics Policy Division said.
South Korea's Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea's new crypto laws go into effect next year.
