Hana Bank to Introduce Digital Asset Custody Services Hana Bank, one of South Korea’s major financial institutions, has announced its plans to offer digital asset custody…
South Korea Cracks Down on North Korea’s Use of Cryptocurrencies for Illicit Weapon Programs South Korea is taking strong action against North Korea’s use of cryptocurrencies…
Summary: South Korean prosecutors have requested the arrest of a former professional golfer and the CEO of Bithumb, a major crypto exchange in the country. The…
Summary: South Korean National Assembly member Kim Nam-kuk narrowly avoided expulsion over allegations related to cryptocurrency transactions. Main Breakdowns: Allegations against South Korean National Assembly member…
South Korean Crypto Exchanges Must Hold $2.3 Million in Reserve Funds Starting in September, South Korean cryptocurrency exchanges with “real-name” bank accounts must reserve a minimum…
South Korean Crypto Exchanges Required to Set Aside Minimum Cash Reserves In order to improve consumer protections, South Korean crypto exchanges will now be required to…
South Korean Crypto Exchanges Required to Maintain Reserve Fund Starting in September, South Korean cryptocurrency exchanges will need to hold a reserve fund of at least…
South Korean Cryptocurrency Exchanges Required to Set Aside Reserves South Korean cryptocurrency exchanges will now be required to set aside a minimum of 3 billion won…
XRP Emerges as the Preferred Investment among South Korean Investors in their 20s Despite facing regulatory challenges, XRP has become the top choice for South Korean…
