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Waves founder Aleksandr 'Sasha' Ivanov praised the exchanges, adding that "reason has prevailed."

Coinone leaders were paid to list at least 46 cryptocurrencies.

The South Korean lawmaker has denied violating any law, as no rule requires lawmakers to report their cryptocurrency transactions.

Bank of Korea and Samsung will collaborate to enable offline CBDC payments using Galaxy smartphones and watches.

Shin had previously denied his involvement with Terra, saying he left the company long before the project collapsed.

Kwon was arrested in Montenegro last month. Both South Korea and the U.S. are looking to extradite him for trial.

GDAC said it was unsure when its services would be resumed as investigations are underway, according to its statement.

South Korea's prosecutors efforts to freeze assets belonging to Terra founder Do Kwon has been futile because he owns no asset in the country.

The XRP derivative market indicates strong positive sentiment, some expect the SEC lawsuit to conclude soon.

Previous attempts to arrest the Terra co-founder Daniel Shin failed because a South Korean court refused to grant the arrest warrant.

The country decided on the review after acknowledging that certain staking services overseas have been suspended, according to local news.

The classification of XRP in the US could broadly impact the classification of other altcoins as securities.

Korean authorities confirmed traveling to Serbia in search of Do Kwon last week, but did not comment further.

S. Korea will regulate certain digital assets as securities under the Capital Markets Act and allow STOs under the Electronic Securities Act.

The funding for the GOPAX acquisition was made from the $1 billion Industry Recover Initiative — a co-investment project led by Binance. 

Investigations revealed that Kang Jong-hyun is the brother of Kang Ji-yeon who is the head of Inbiogen-an affiliate that holds about 34.2% stake in Bithumb.

The accused individuals sent around $3.2B out of S. Korea under false pretenses, violating foreign exchange laws, to buy crypto abroad.

In the meantime, Huobi global's quarterly revenue fell -98% since the second quarter of 2021.