Tag: Korea
South Korea excludes NFTs, CBDCs from crypto interest mandate
South Korean regulator Financial Services Commission (FSC) published a notice highlighting that by July 2024, investors in…
Italy and South Korea central banks agree on CBDC cooperation
The Bank of Italy announced on Dec. 5 through its official channels that it has entered into…
US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The United States Treasury Department’s Office of Foreign Assets Control (OFAC) imposed sanctions on cryptocurrency mixer Sinbad,…
South Korea to invite 100K citizens to test CBDC in 2024
The Bank of Korea (BOK) — South Korea’s central bank — has said it will invite 100,000…
Democratic Party of South Korea mandates parliamentary candidates disclose crypto holdings
The Democratic Party of Korea, which holds 167 out of 300 seats in the National Assembly, has…
Bithumb plans to be first crypto exchange listed on Korea stock market: Report
Crypto exchange Bithumb plans to become the first digital asset company to go public on the South…
Terraform co-founder Shin blames protocol for collapse during trial in S. Korea
The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and…
Bank of Korea to start CBDC infrastructure pilot
South Korea joins a growing number of nations researching central bank digital currencies (CBDCs). The Bank of…
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about its…
South Korea plans to submit bill to freeze North’s crypto assets: Report
The government of South Korea is reportedly planning to submit a bill that will track and freeze…