This incident underscores ongoing tensions and the fragile nature of peace along the Korean border, highlighting the need for vigilant diplomacy.
CryptoBriefing•Editorial Team16 Aug
Upbit and Bithumb will delist STORJ, JASMY and TT on Sept. 14 after warning issues remained unresolved, with withdrawals open until Oct. 14.
Plume and Shinhan Asset Management will test a KRW tokenized bond fund offshore before South Korea’s security token rules take effect in 2027.
Upbit will end trading support for Storj (STORJ), JasmyCoin (JASMY), and ThunderCore (TT) on September 14 at 3 p.m. KST, delisting six trading pairs from South Korea’s largest crypto exchange. The notices were published on Friday afternoon in Seoul. For all three assets, Upbit said that further reviews found the concerns behind their investment-caution designations
BeInCrypto•Kamina Bashir14 AugNew crypto regulations could reshape how South Korean users access offshore exchanges and move capital beyond domestic platforms.
AMBCrypto•Muriuki Lazaro14 AugAviation News – Korea Aerospace Industries (KAI) and Hyundai Rotem have signed a landmark agreement to jointly develop and integrate domestic long-range air-to-air missiles for...
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sang-ho faces prison time in South Korea.
Cointelegraph•Cointelegraph by Turner Wright13 Aug
CoinDesk•Olivier Acuna13 Aug
A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for misusing roughly $49.2 million in customer cryptocurrency assets and using false documents to secure a regulatory registration. Court Finds Customer Assets Were Misused According to regional reports, the Seoul Southern District Court issued the ruling Aug. 13 and ordered Jeong […]
Bitcoin.com News•Jamie Redman13 Aug
SK Hynix's massive investment could solidify South Korea's dominance in memory chip production, impacting global tech supply chains.
CryptoBriefing•Editorial Team13 Aug
South Korea has sentenced Delio CEO Jeong Sang-ho to 15 years in prison after a Seoul court found him guilty of defrauding customers of about 70 billion won ($49.2 million) in crypto assets. According to local news outlet Newsis, the…
The sentence is shorter than the 20-year term that prosecutors sought, as the judge acquitted Jeong of a primary charge.
The Block•Danny Park13 Aug
South Korea will apply risk-based checks to overseas crypto transfers, with 10 million won flows subject to enhanced AML monitoring.
The Bank of Korea has disclosed a $250 million position in a gold exchange-traded fund (ETF). The stake marks its first gold-linked investment in 13 years. The move gives South Korea’s central bank exposure to gold prices without expanding its physical bullion reserves. Filing Shows a $250 Million Gold ETF Position The BOK held 679,765
BeInCrypto•Kamina Bashir13 Aug
The new regulations may stabilize the market but could also limit retail investor participation, impacting overall market liquidity and dynamics.
CryptoBriefing•Editorial Team12 AugSouth Korea will apply its crypto Travel Rule to all domestic VASP transfers while tightening controls on overseas exchanges and personal wallets.
South Korea will remove its 1 million won Travel Rule threshold and apply information-sharing requirements to all transfers between registered crypto service providers.
Cointelegraph•Cointelegraph by Yohan Yun11 Aug
Civil creditors could compel custodians to freeze, disclose, transfer, swap and sell debtors’ assets if the rules advance.
CryptoSlate•Oluwapelumi Adejumo10 Aug
Easing IPO rules could accelerate South Korea's tech sector growth, enhancing global competitiveness and strengthening US economic ties.
CryptoBriefing•Editorial Team10 Aug
South Korea's strategic investment in semiconductors could reshape global tech dynamics, enhancing its market influence and innovation capacity.
CryptoBriefing•Editorial Team10 Aug