ConsenSys, a major Ethereum software company, will also contribute its technology to South Korean CBDC simulations led by Ground X.
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as
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South Korean Regulator Analyzing 578 Cryptocurrencies
South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on
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AML compliance mandatory for foreign crypto exchanges, says Korean regulator
South Korea’s strict crypto regulatory oversight is now extending to overseas exchanges that offer cryptocurrency trading services denominated in the country’s currency.
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South Korean Bank Woori Financial to Offer Crypto Custody Services
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort
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Authorities Arrest Perpetrators For Illicit Cryptocurrency Transactions
South Korean Law enforcement authorities have taken 33 individuals into custody for conducting illegal cryptocurrency transactions of $1.5 billion. In addition, these individuals carried out
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