South Korea

South Korea

Markets

First Mover Americas: Bitcoin in the Red for Fifth Straight Day

The latest price moves in crypto markets in context for Feb. 6, 2023.

Bitcoin daily chart (TradingView)

Policy

South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms

Financial regulators in South Korea are working to bring security tokens into the scope of the country's capital markets rules.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Finance

Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX

The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.

Logo de Binance. (Unsplash)

Policy

South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report

Kang Jong-Hyun is charged with embezzlement, breach of trust and fraudulent illegal transactions.

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Policy

South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering

The country will start off using a third-party system while it develops its own software.

(KINNYtv/Pixabay)

Videos

South Korean Crypto Exchange Bithumb Under Investigation For Price Manipulation: RPT

The offices of Bithumb were raided on Thursday as part of an investigation into price manipulation of an unidentified coin listed on the South Korean crypto exchange, Yonhap reported. This comes as Bithumb Chairman Kang Jong-Hyun and two other executives were charged with fraud. "The Hash" hosts discuss the latest in the world of global crypto regulation.

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Finance

Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report

South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit, and said they will also examine relevant transactions on other exchanges.

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Consensus Magazine

South Korean Lawmakers Are Gearing Up to Regulate Crypto. What Could That Look Like?

The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.

South Korean President-elect Yoon Suk-Yeol celebrates his victory (Chung Sung-Jun/Getty Images)

Finance

Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report

Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

The offices of Bithumb and six other South Korean crypto exchanges were reportedly raided by investigators. (Shutterstock)

Videos

Future of the Metaverse Amid Crypto Winter

Sebastien Borget, Co-Founder of The Sandbox and President of the Blockchain Game Alliance, alongside Saro McKenna, co-founder of Alien Worlds, join "First Mover" live from Davos 2023 to discuss the outlook for development and adoption of the metaverse and blockchain gaming. Plus, reactions to South Korea launching a metaverse replica of Seoul.

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