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South Korean authorities have reportedly arrested the country’s impeached president, Yoon Suk Yeol, making him the first president to be taken into custody in years.Yoon was taken from his residence on Jan. 15 for questioning over his controversial martial law ruling last month, South Korea’s Yonhap…
The latest investigation suggests that Ignatova might be hiding in one of Cape Town's most luxurious neighborhoods.
The Financial Supervisory Service (FSS) of South Korea maintains its ban on Bitcoin spot and futures ETFs, enforcing strict regulations against cryptocurrency-related investment products. This persistent stance raises concerns about the country’s potential to lag behind globally in the financial are…
A massive $232 million cryptocurrency scam in South Korea led to 215 arrests, including a YouTuber who fled the country.
The South Korean government has uncovered significant Know-Your-Customer (KYC) violations on Upbit, the country’s largest cryptocurrency exchange. On Nov. 14, local media reports indicated that the Financial Intelligence Unit (FIU) of the Financial Services Commission identified these issues during …
Upbit, the leading South Korean crypto exchange, is under investigation for KYC violations during its license renewal process. The Financial Intelligence Unit (FIU) discovered over 500,000 cases of improper customer verification. The violations have raised concerns about money laundering risks. The …
Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces Back After October’s Brief Dip As of 4:45 p.m. EST, bitcoin is pr…
A new South Korean regulatory body is set to launch this month, with a ruling on Bitcoin ETF approval reportedly high on its agenda.
South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded funds (ETFs) in the country on Oct. 10, according to local media reports. The committee will act as an advisory body designed to provide compre…
The post Ripple News : XRP Payments Now Live in South Korea appeared first on Coinpedia Fintech News The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP into its system. This means users can purchase items…
South Korea’s financial regulator, the Financial Supervisory Service (FSS), will inspect crypto exchanges to identify illegal practices following stricter regulations under the Virtual Asset Users Protection Act. The review aims to ensure compliance and safeguard crypto assets, with severe penalties…
The messaging platform has drawn the ire of yet another regulatory body.