Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid Fines

Korean Province Seizes Cryptocurrencies From 1,661 Investors for Unpaid FinesA South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four exchanges. Korean Province Confiscates Cryptocurrencies for Unpaid Fines The […]

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Korean Exchanges Delist High-risk Coins as They Face Tough Regulations

Korean Exchanges Delist High-risk Coins as They Face Tough RegulationsCrypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s […]

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Growing Number of South Korean Crypto Exchanges Participate in Self-Regulation

Growing Number of South Korean Cryptocurrency Exchanges Participate in Self-RegulationThe number of cryptocurrency exchanges participating in self-regulation has nearly doubled in South Korea. The crypto self-regulation efforts are led by the Korean Blockchain Association which has recently launched with 66 members. The association also plans to develop standard price indices for the main cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

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