South Korea

Korean Blockchain Project Klaytn Commits $20M to Blockchain Research
The funding program will support research led by two of Asia’s most highly ranked technology schools.

Crypto.com Receives South Korean Regulatory Licenses After Buying Local Firms
The firm did not publicly disclose the deal size.

FTX in Talks to Buy South Korean Crypto Exchange Bithumb: Report
Bithumb’s parent company is considering either an outright sale or a joint ownership.

South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report
The authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.

South Korea Postpones 20% Crypto Tax to 2025
The government announced its 2022 tax reform plan on Thursday, which included further postponing plans to tax crypto earnings that were already delayed by a year.

Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report
Seven exchanges and eight other addresses have been raided in connection to the Terraform Labs fraud investigation.

Corea del Sur investiga a Terra Labs por supuesta malversación de bitcoin tras el colapso de UST, según informe
Se ha iniciado una investigación a Terraform Labs de Do Kwon por supuesta malversación de bitcoin de la compañía.

Terraform Labs Probed for Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating, saying the implosion affected about 280,000 citizens.

Solana Commits $100M to Support South Korean Crypto Projects
The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming and will invest in NFT and DeFi projects.

South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.

