In a dramatic turn of events that has sent ripples through the South Korean cryptocurrency market, Upbit, one of the nation’s leading crypto exchanges, has secured a significant legal victory. A South Korean court has temporarily put the brakes on sanctions imposed by the country’s financial watchdog on Dunamu, Upbit’s operator. This news is a […]
Get ready for a seismic shift in the South Korean crypto landscape! The nation is poised to unleash groundbreaking crypto market guidelines specifically tailored for corporations. This bold move by the Financial Services Commission (FSC) signals a major leap towards mainstream corporate crypto adoption, and the ripple effects are expected to be felt across the […]
In a landmark ruling highlighting the increasing vigilance against cryptocurrency-related crimes, a South Korean court has delivered a stern message to fraudsters operating in the digital asset space. A defendant has been sentenced to significant jail time for orchestrating a brazen Bitcoin mining scam that defrauded individuals of over half a million dollars. This case […]
In a significant victory for the cryptocurrency industry in South Korea, the Supreme Court has definitively upheld the acquittal of Lee Jung-hoon, the former chairman of Bithumb Holdings. This ruling brings an end to a protracted legal battle and removes a cloud of uncertainty that has loomed over Bithumb, one of South Korea’s leading crypto […]
In a stunning turn of events that has sent ripples through South Korea and the cryptocurrency world, a local government official in Cheongju is under fire for allegedly embezzling a significant sum of disaster relief funds. The accusations point towards the official using these misappropriated funds for personal cryptocurrency investments, a scandal that highlights the […]
Get ready for a thrilling development in the crypto space! South Korean powerhouse exchange, Upbit, just dropped a major announcement that’s sending ripples through the market. Mark your calendars for March 11th because Upbit is set to list the ARKM/KRW spot trading pair, opening up exciting new avenues for traders and investors alike. Upbit Listing […]
South Korea’s political landscape is witnessing a fascinating shift as the main opposition party, the Democratic Party of Korea (DPK), is making bold moves into the cryptocurrency realm. Are you ready to see how crypto regulations could reshape South Korean politics and the digital asset market? The DPK is not just dipping its toes; it’s […]
The cryptocurrency world, while brimming with innovation and opportunities, unfortunately also attracts bad actors. In a startling development out of South Korea, a figure known as “Jonbur Kim,” or “HODL Kim,” is once again under scrutiny, this time for a newly alleged crypto scam amounting to a staggering $179 million. This news serves as a […]
In a surprising turn of events, South Korean investors are demonstrating unwavering faith in Ethereum, even amidst significant market downturns. Despite a staggering 44% loss this year, they’ve poured a net $245.82 million into the “2x Ether ETF,” a leveraged exchange-traded fund designed to amplify the daily returns of Ethereum. This bold move positions the […]
Cryptocurrency markets are known for their volatility, but even seasoned investors were caught off guard when the price of Ethereum (ETH) experienced a sudden dip on South Korean exchange Upbit. For the first time since September, the ETH price momentarily crashed below the critical 3 million won mark, stirring concern and prompting questions about the […]
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