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MainNewsSouthKorea

South Korea Announces $14.5 Million Blockchain Support Program

South Korea Announces $14.5 Million Blockchain Support Program

South Korea's Ministry of ICT and KISA are launching a $14.5 million blockchain support program to promote various public and private sector projec...
Jun, 17, 2024
2 min read
by BTC-Pulse
South Korean Bank Staff Embezzles $7.5M to Invest in Crypto

South Korean Bank Staff Embezzles $7.5M to Invest in Crypto

A Woori Bank employee in South Korea confessed to embezzling $7.5M to invest in cryptocurrencies. The bank detected the loss through its monitoring...
Jun, 12, 2024
2 min read
by BTC-Pulse
South Korea to Classify Some NFTs as Virtual Assets Ahead of New Crypto Regulations

South Korea to Classify Some NFTs as Virtual Assets Ahead of New Crypto Regulations

South Korea's FSC to classify some NFTs as virtual assets ahead of new crypto regulations, impacting issuers and setting new compliance standards.
Jun, 10, 2024
2 min read
by BTC-Pulse
Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses

Binance Sells Gopax’s Genesis Asset Rights at Steep Discount, Leading to Significant Losses

Binance sale of Gopax’s Genesis asset rights at less than half their value has led to significant investor losses, sparking controversy and regulat...
May, 27, 2024
3 min read
by BTC-Pulse
South Korean Authorities Crack Down on $4.1 Million Crypto Fraud Scheme

South Korean Authorities Crack Down on $4.1 Million Crypto Fraud Scheme

South Korean police arrest two fraudsters in a crypto scam, swindling a senior citizen out of $4.1 million with false promises of huge investment r...
Mar, 26, 2024
2 min read
by BTC-Pulse