Legal
Montenegro high court greenlights Do Kwon’s extradition to US
The timeline for his extradition is unclear and could take several weeks or months to finalize.
Assad Jafri 2 min read
South Korea Crypto News
Updates on exchange rules, enforcement, investor trends, and Korea’s active crypto trading culture.
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Top South Korea Stories
Regulation
South Korea’s ruling party proposes delay in crypto taxation as election pledge
The decision aligns with the government and legislative consensus to prioritize regulatory groundwork before enforcing taxation on virtual assets.
Exchanges
Korean watchdog to ban crypto exchanges that fail to meet stringent new regulatory standards
The initiative is part of South Korea's effort to bolster financial oversight and consumer protection in the fast-evolving digital asset industry.
Latest South Korea Crypto News & Analysis
Crime
Korean FSC mandates crypto exchanges keep 80% in cold storage, criminals face up to life in prison
Criminal gains over $40 million could lead to life imprisonment under new laws set for July.
Crime
HaruInvest executives arrested in Korea after algo trading promised ‘zero’ drawdown
Local media reports arrests as execs claimed to take advantage of 'inefficiencies' in the market, HaruInvest halted withdrawals in 2023.
Regulation
South Korea proposes stricter screening of crypto executives
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.
Legal
Montenegro deports former Terraform Labs CFO to South Korea amid fraud allegations
Do Kwon and Han Chang-joon were arrested last March for attempting to travel with fake documents.
Regulation
South Korea presidential office hints at domestic spot Bitcoin ETF amid regional uncertainty
Other countries in Asia, including Singapore, Thailand, and Hong Kong are having a mixed reaction to the launch of spot ETFs.
Regulation
South Korea looks to crackdown on crypto mixers via new regulations
The Financial Intelligence Unit (FIU) of South Korea's Financial Services Commission is spearheading the examination of potential regulatory frameworks.
More South Korea Crypto News Headlines
Regulation
South Korea’s FSC warns against brokerage of foreign Bitcoin ETFs
Analysis
Bitcoin SV surges with 50% jump amid broader Bitcoin forks uptrend
Regulation
South Korean public officials will disclose crypto holdings in new registry
Legal
