U.S. and South Korean authorities have agreed to collaborate on the investigation of Terra’s implosion, South Korea’s Yonhap News Agency reported July 6. South Korea’s Justice Minister Han Dong-hoon met with Andrea Griswold, co-chief of the Securities and Commodities Task Force, and Scott Hartman, chief of the Securities and Commodities Fraud Task Force, at the…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The top five crypto exchanges in South Korea have decided to form a consultative body that will prevent a situation similar to the Terra crash from happening again, according to South Korean news outlet YNA. The exchanges involved are UpBit, Coinone,…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana Ventures and Solana Foundation have raised a $100 million investment fund for crypto projects in South Korea, weeks after Terra’s network collapse left many crypto projects in the country in a state of limbo. The general manager for games at…
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon’s…
South Korea’s crypto tax plans appear to have hit a snag as the country’s National Assembly has passed a bill pushing the implementation of the tax bill into 2023. South Korea’s crypto tax bill get 2023 date In one of CryptoSlate’s previous reports, it was stated that the country had proposed to impose a 20%…
Following their failure to meet the new Crypto Regulations in South Korea, 37 crypto exchanges are billed for total closure. This was revealed by a report from The Korea Herald. 29 crypto exchanges gets certified You will recall that we reported about Korea’s new Act on reporting and using specified financial transaction information in the…
With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities. Exchanges are racing against time in South Korea Just yesterday, 6 crypto exchanges Five, Gdac, Graybridge, OK-BIT, Prabang,…
33 face heat in Korea over alleged $1.48 billion in crypto transfers Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today. 2 min read →
Bitcoin Press Release: The South Korean based payment platform HUPAYX specializing in real-time crypto payments is gaining much interest by partnering with various high profile domestic companies and creating its own Alliance Group, whilst tapping into 400,000 stores in S. Korea. 2nd August, 2019, Seoul, South Korea – The goal of The Human Plus team,…
Bitcoin Press Release: The Busan business presentation held by Hunimal, a private animal registration system company, was hosted at the Busan Centum Hotel on the 1st of November. The event was successful with in excess of 200 people in attendance. Nov 15th, 2018, Seoul, South Korea – The event commenced with a welcome speech by…