Banks in South Korea Moving Quickly To Partner With Crypto Exchanges Amid New Regulatory Clarity: Report

February 19, 2025 The Daily Hodl

Banks

Banks in South Korea are reportedly rushing to partner with crypto firms as the country’s digital asset regulations become less restrictive. Last week, South Korea’s Financial Services Commission announced the country would launch a pilot program in the second half of 2025 enabling 3,500 corporate entities to buy crypto for investment and financial purposes. Corporate […]

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Korea’s Crypto Leap: FSC to Permit Institutional Investors to Open Virtual Asset Trading Accounts in H2

February 17, 2025 Bitcoin.com

bitcoin.com

Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset trading accounts starting in the second half of the year, the country’s Financial Services Commission (FSC) […]

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South Korea’s Bitcoin Premium Outpaces Global Markets

February 10, 2025 Bitcoin.com

Bitcoin (BTC)

As bitcoin maintains its orbit just north of $97,000 globally, South Korea’s digital currency enthusiasts are navigating a stratospheric valuation of $101,479 per unit—a celestial discrepancy rooted in local dynamics. South Korea’s Crypto Fever Sparks Ongoing Bitcoin Price Premium This persistent premium, documented by cryptoquant.com since mid-January, reflects a dual-engine mechanism unique to the nation. […]

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Korea Exchange Chief Pushes for Crypto ETFs to Boost Markets

February 10, 2025 Bitcoin.com

bitcoin.com

South Korea must embrace cryptocurrency ETFs now to stay ahead, says the Korea Exchange chairman, calling them a game-changer for market growth and financial innovation. Crypto ETFs Are the Future: Korea Exchange Chairman Pushes for Approval Jung Eun-bo, chairman of the Korea Exchange, has called for the listing of cryptocurrency exchange-traded funds (ETFs) in South […]

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Authorities Target First Crypto Pump-and-Dump Under New South Korean Law

January 17, 2025 Bitcoin.com

bitcoin.com

South Korea has cracked down on a pump-and-dump scheme, accusing a suspect of rapid price manipulation under the country’s new crypto regulatory framework. New Crypto Law in Action: Suspect Accused of Rapid Price Manipulation South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced on Thursday that they have reported an individual suspected […]

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Upbit Under Fire: South Korean Regulator Orders Halt on New Users

January 16, 2025 Bitcoin.com

bitcoin.com

The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act. South Korean Crypto Industry Watches Upbit Case Closely South Korea’s Financial Intelligence Unit (FIU) has reportedly ordered Upbit, one of the country’s largest cryptocurrency exchanges, to halt […]

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Corporate crypto investments in South Korea inch closer to approval

January 8, 2025 Coin Telegraph

Bitcoin

South Korean regulators reportedly continue to discuss the approval of corporate crypto trading amid the country’s ongoing leadership crisis.

South Korean regulators are moving forward with plans to approve cryptocurrency investment by institutional investors, according to local media reports.

The South Korean Financial Services Commission (FSC) has announced plans to gradually roll out corporate investment in digital assets by allowing the issuance of real-name corporate trading accounts, the local news agency Yonhap reported on Jan. 8.

The regulator reportedly announced the initiative in conjunction with the FSC’s 2025 work plan to focus on financial stability and accelerate innovation.

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Do Kwon in US custody, South Korean president impeached: Law Decoded

January 6, 2025 Coin Telegraph

Coin Telegraph

Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition.

Terraform Labs co-founder Do Kwon was handed over to United States law enforcement by authorities in Montenegro after a months-long battle over where he would be extradited.

Montenegrin Prime Minister Milojko Spajić said in a Dec. 31 X post that Kwon was in US custody and would face criminal charges in the case involving the collapse of Terra.

Kwon’s handover to the US occurred four days after the Montenegrin Justice Minister Bojan Božović approved the extradition, rejecting a petition from South Korea, despite Kwon holding citizenship and facing charges there.

Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

Recently Extradited Terra (LUNA) Founder Do Kwon Set To Appear in U.S. Court Today: Report

January 2, 2025 The Daily Hodl

Altcoins

The disgraced co-founder of the Terra (LUNA) ecosystem is set to appear in a US court today after recently being extradited from Montenegro. According to a new report by Reuters, Do Kwon is facing fraud charges in the US related to the multibillion-dollar downfall of Terra in 2022 and will make his first court appearance […]

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Russia’s Wealth Chief: Biden’s Policies Crushed US Dollar While Strengthening Moscow

South Korean court issues arrest warrant for impeached President Yoon

December 31, 2024 Coin Telegraph

Coin Telegraph

A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators.

A South Korean court issued an arrest warrant for President Yoon Suk Yeol, who was impeached and suspended from office following his attempt to impose martial law in early December.

The Seoul Western District Court approved the warrant on Dec. 31, marking the first time a sitting South Korean president has faced an arrest warrant granted by a court, according to a report from Korea Herald.

Investigators requested the warrant after Yoon failed to report for questioning a third time.

South Korea

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