South Korea
Bitcoin Pyramid Scheme Amassed $20 Million in South Korea
Two men in South Korea have been sentenced for building a bitcoin pyramid scheme that swindled around $20 million from investors.
Korea Moves to Limit Crypto Mining Chip Imports
Cryptocurrency miners in South Korea may soon find it more difficult to get foreign-made mining chips imported to the country.
Industry Group to Bring 'Order' to Korea's Crypto Exchanges
A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.
Korea to Inspect 3 Banks Over Crypto Exchange Connections
Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.
Korean Police Detain 4 Crypto Exchange Execs Over Alleged Embezzlement
South Korean police on Thursday detained four executives from two cryptocurrency exchanges over alleged embezzlement.
R3 Researcher: Central Bank Blockchain Could Go Live In 2018
South Korea's first major blockchain conference saw discussion of the possibility of a central bank cryptocurrency Wednesday.
Korea's Crypto Exchanges Pledge Market Cleanup
While the crypto market has seen a major correction recently, Korean exchanges show future optimism and double down on self-regulation efforts.
Korean Police Bust Bitcoin Miners Illegally Using Cheap Factory Power
Companies using cheap electricity to mine cryptocurrencies at industrial complexes in South Korea have reportedly been arrested by police.
Report: Korean Insurer Denies Claim from Bankrupt Crypto Exchange
A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.
Survey: Younger Koreans More Likely to Invest in Crypto
Nearly a quarter of South Koreans in their 20s want to invest in cryptocurrencies, according to a new poll conducted by Bank of Korea.
