South Korea’s Delio declared bankrupt with $1.75B in assets lost
A creditors’ meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse. Go to Source
South Korea crypto
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South Korea to ramp up oversight of cross-border crypto transactions: Report
South Korea’s finance minister, Choi Sang-Mok, says the country will introduce reporting mandates on cross-border crypto transactions to combat foreign exchange crime. Go to Source
Upbit to store user data on AWS: What users should know
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations. Go to Source
South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis
The Korea Premium Index drives price surges in South Korea’s crypto market, where institutional trading plays a pivotal role. Go to Source
South Korea crypto body says mass token delistings ‘unlikely’ amid new laws
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months. Go to Source
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760. Go to Source Powered by WPeMatico
Korean lawmakers rally towards crypto rules in May after grisly murder case: Report
Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets. Go to Source Powered by WPeMatico
