South Korea

Ex-S. Korean Finance Minister Yong-Beom Kim Appointed as CEO of Hashed Open Research
The research arm of crypto venture capital fund Hashed is looking to bridge the gap between the blockchain industry and the South Korean government.

Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
Authorities in the country have trending towards strict oversight since the terraUSD collapse.

South Korea Plans to Tax Crypto Airdrop Recipients: Report
The government said crypto airdrops count as gifts under tax legislation.

South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities" without proper registration, and could face fines or imprisonment.

'Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza
A string of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean project was not on the agenda.

First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon
The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.

South Korea Arrests 3 in Multibillion-Dollar Crypto-Linked Probe: Report
Authorities are investigating $3.4 billion in "abnormal transactions" involving foreign exchange and crypto investments, according to a local media outlet.

South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
Thirteen bills related to virtual assets are waiting to be debated in Parliament, the chairman of the Financial Services Commission said.

EU Official Says Europe’s MiCA Bill Would Prevent Collapses Like Terra's
Peter Kerstens said the rules would require stablecoins to be fully collateralized and redeemable upon request.


