Search Results for "south"
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.
Korea's Educated Jobless Individuals are Building their Blockchain Expertise
Korea’s surging ahead with its blockchain and crypto aspirations. Weeks after the government announced a $400 million blockchain fund, a prominent university added blockchain curriculum to its coursework.
South Korean Regulators to Harden Punishments for Crypto Fraud Practices
South Korean legislature is mulling plans to tighten its grip on crypto fraud practices
South Korean Court Denies Arrest Warrant for Terraform Labs Co-Founder
A South Korean court denied a request for an arrest warrant for Terraform Labs co-founder, Shin Hyun-Seong, citing unconfirmed allegations and the unlikelihood of Shin being a flight risk. Shin currently faces multiple fraud charges and is accused of hiding risks associated with investing in Terraform Labs' in-house tokens. The recent arrest of Terraform Labs' other co-founder, Do Kwon, has led to extradition requests from both the United States and South Korea.
Bitcoin SV (BSV) Surpasses $100
Bitcoin SV (BSV) has surpassed $100 due to strong technical indicators and market activity, especially in South Korea, influenced by market sentiment, technical analysis, and trading volume dynamics.
S. Korea's Democratic Party Backs Support for Crypto, Metaverse
Song Young-gil, leader of the ruling Democratic Party, stated that the South Korean government should stop the crackdown on the crypto sector and start nurturing it instead.
Four Countries to Conduct Cross Border CBDC Payment Trials
The Bank for International Settlements (BIS) has joined forces with the central banks of South Africa, Malaysia, Singapore, and Australia to kick start a project dubbed Dunbar aimed at testing the use CBDCs in cross border payments.
South Korean Crypto Exchange Fraudsters Sentenced
Six V Global crypto-exchange scam executives received eight-year jail sentences in South Korea. V Global reportedly duped 50,000 investors of $1.5 billion (2 trillion won) in a Ponzi-like scheme. Three executives have not been jailed since they claim innocent and can defend themselves in court.
South Korea's Stance on Virtual Currency Investment and ETFs in 2024
South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).
South Korean Prosecutors Arrest Key Do Kwon's Aid
South Korean prosecutors in charge of the Terraform Labs case have arrested a major employee of the embattled blockchain startup named ‘Yoo’.
Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports
The 2023 Chainalysis Global Crypto Adoption Index shows Central and Southern Asia are leading in global grassroots adoption of cryptocurrencies. The index measures countries' involvement in the crypto space using on-chain data and real-world statistics. India leads the index, with six of the top ten countries from the CSAO region. Lower-middle-income countries, including India, Nigeria, and Ukraine, have seen robust recovery in grassroots crypto adoption.
S. Korean Exchanges to be Held Accountable for LUNA Crash
According to the latest reports from local media platform Newspim, the top cryptocurrency exchanges are now likely to be held accountable for failing to implement measures to protect investors from the crash.