Local police in a suburb of Seoul have the authority to seize crypto in order to clear the balance of delinquent fines from traffic violations.
Korean police seize crypto for unpaid traffic fines in trial
Terraform Labs co-founder Do Kwon has claimed that Korean authorities haven’t contacted or filed any charges against him in the Terra investigation.
Do Kwon reportedly hires lawyers in S. Korea to prepare for Terra investigation
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation.
Legal troubles mount for Terraform Labs as Seoul police investigate
South Korea’s rising interest in nascent tech could prompt other nations to take the idea of the Metaverse more seriously.
South Korean government becomes an early investor in the Metaverse
SK Group’s chairman Chey Tae-won expressed interest in blockchain and token economy at a recent startup event in Seoul
South Korea's Largest Telecom SK Group Invests $10M in ConsenSys
Busan, South Korea’s second biggest city, seeks to develop a local crypto in partnership with BNK Busan Bank.
South Korea’s Second Biggest City Wants to Create a Local Cryptocurrency
The government of Seoul plans to spend $1 billion to support blockchain and fintech startups via an investment fund.
South Korean Capital to Invest Over $1 Billion in Fintech and Blockchain Startups by 2022