Korea
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South Korea considers blocking crypto exchanges operating without licenses
South Korea's Financial Intelligence Unit (FIU) is investigating crypto exchanges allegedly operating without proper registration as virtual asset service providers (VASPs).Authorities are considering blocking...
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Bank of Korea to Launch Digital Currency Trial with Seven Banks in April
South Korea is launching a three-month trial combining tokenized bank deposits and a wholesale CBDC with 100,000 consumers starting in April 2023.Seven major Korean...
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South Korea’s Central Bank Takes ‘Cautious Approach’ to Bitcoin Reserve Possibility
South Korea's central bank has ruled out Bitcoin as a foreign exchange reserve asset, citing high volatility and potential transaction costs during market instability.Casa's...
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North Korea’s Lazarus Group Transitions Focus from Banks to Cryptocurrency Firms, Linked to Multiple High-Profile Thefts
north korea is believed to be the only nation leveraging Hacking capabilities specifically for financial gain, though it doesn't officially acknowledge Lazarus Group.Cryptocurrency firms...
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FBI: North Korea Behind Record $1.5 Billion Crypto Heist from Bybit
FBI has attributed the record $1.5 billion Bybit cryptocurrency heist to North Korean Hackers, identifying the attack as "TraderTraitor."Stolen assets are being rapidly converted...
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South Korea to Allow Corporate Crypto Trading in Phased Rollout, Financial Firms Still Restricted
South Korea will allow corporates to trade cryptocurrencies in a phased approach starting with non-profits and universities in H1 2024.
Listed companies must have minimum...
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South Korea’s Sogang University AI Lab Adopts Theta EdgeCloud for Advanced Language Research
Sogang University's Language & Data Intelligence Laboratory becomes EdgeCloud's twentieth academic and enterprise customer.
The partnership expands Theta's academic network in South Korea, joining institutions...
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South Korea’s Martial Law Halts Crypto Reforms, STO Plans Pushed to 2025
South Korea's martial law declaration halts crypto sector reforms until political crisis resolves.
Securities token offerings and corporate crypto accounts implementation delayed indefinitely.
Crypto taxation postponed...
Latest news
Top Aave DAO Developer Quits in “Devastating” Split.
Bored Ghosts Developing, a key Aave DAO contractor, will not renew its contract in April after labeling Aave Labs'...
Bitcoin Whale Selling Dominates Despite Easing Sell Pressure
Bitcoin exchange deposits have dropped from a peak of 60,000 BTC in early February to a recent seven-day average...
Idle GPUs Key to Easing AI Compute Crunch
GPU prices for AI workloads have surged dramatically, with the NVIDIA RTX 5090 up 31% in months according to...
