South Korea News

Located in East Asia, South Korea is a country known officially as the Republic of Korea. The country is home to approximately 51 million people and uses the South Korean won as its currency. The capital of South Korea, Seoul, is geographically seated in the nation’s upper region. Thanks in part to its bustling capital and the nation’s landscape, South Korea’s economy benefits from various factors, including technological advancements. South Korea borders North Korea, also known as the Democratic People's Republic of Korea. 

The South Korean crypto scene includes strict regulations on certain fronts, although the country is known to host significant crypto trading activity. On South Korean platforms, Bitcoin (BTC) sometimes trades at prices above the rest of the market, leading to the creation of the term “Kimchi premium” — a name for the difference between South Korean Bitcoin prices and the rest of the market.

News
The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims.
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
Prashant Jha
2022-09-27T14:34:31+01:00
2308
News
Do Kwon told his more than one million Twitter followers that he had not seen his name on Interpol’s Red Notice list, but not all names are made available to th...
Terra co-founder Do Kwon says he’s ‘making zero effort to hide’ following Interpol notice
Turner Wright
2022-09-26T21:45:00+01:00
3106
Breaking news
The Terraform Labs co-founder faces charges in South Korea relating to the crash of the Terra ecosystems’ cryptocurrencies.
Breaking: Interpol ‘Red Notice’ issued for Do Kwon — South Korea prosecutors
Jesse Coghlan
2022-09-26T03:35:35+01:00
4083
News
In January, Delio was granted Virtual Asset Service Providers approval by the Korean Financial Intelligence Unit.
Korean crypto bank partners with Blockdaemon to offer retail staking services
Sam Bourgi
2022-09-22T19:15:00+01:00
1342
News
The country began seizing crypto to offset tax arrears last year.
South Korean gov has confiscated 260B won in crypto for non-payment of taxes since 2021
Zhiyuan Sun
2022-09-22T16:30:00+01:00
1506
News
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday.
Terra co-founder Do Kwon says he’s not ‘on the run’
Jesse Coghlan
2022-09-19T02:45:11+01:00
3569
News
The MSIT identified that imposing older regulations serve as a deterrent to the growth of new ecosystems.
South Korean ministry recommends enactment of special metaverse laws
Arijit Sarkar
2022-09-18T08:02:43+01:00
3062
News
Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city.
Busan signs MoU with Huobi, gets more help for local crypto exchange
Gareth Jenkinson
2022-09-14T09:58:32+01:00
1419

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