Places South Korea

The embattled South Korean had fought his extradition to the United States over several months.

Record-breaking open interest in Bitcoin futures signals growing trader confidence in further price growths.

South Korean authorities have threatened regulatory action on Worldcoin if it is in violation of local privacy laws.

Do Kwon's lawyers are not seeking an adjournment and the trial is expected to proceed as scheduled.

The timeline for his extradition is unclear and could take several weeks or months to finalize.

The decision aligns with the government and legislative consensus to prioritize regulatory groundwork before enforcing taxation on virtual assets.

The initiative is part of South Korea's effort to bolster financial oversight and consumer protection in the fast-evolving digital asset industry.

Criminal gains over $40 million could lead to life imprisonment under new laws set for July.

Local media reports arrests as execs claimed to take advantage of 'inefficiencies' in the market, HaruInvest halted withdrawals in 2023.

Under the new regulations, any alteration in the representative or executive positions within crypto businesses must be reported and approved before assuming the new role.

Do Kwon and Han Chang-joon were arrested last March for attempting to travel with fake documents.

Other countries in Asia, including Singapore, Thailand, and Hong Kong are having a mixed reaction to the launch of spot ETFs.

The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission is spearheading the examination of potential regulatory frameworks.

Regulatory clouds hover as South Korea addresses Bitcoin ETFs and public officials' crypto declarations.

South Korean traders drove Bitcoin SV's price charge to reach YTD high.

The Public Ethics Management Information System will centralize asset disclosures of public officials in South Korea, including crypto.

The appeals court struck down the previous extradition order, citing violations of the court's procedural codes.

Chang-yong Rhee warned of stablecoins undermining central banks and advocated for CBDCs to preserve monetary control.