South Korean ‘Coin Gate’ lawmaker cleared of all charges

Former South Korean lawmaker known for the Coin Gate scandal, Kim Nam-guk, has been declared ‘not guilty’ of all charges by court. According to a report from local media News1, a Seoul Southern District Court judge found Kim “not guilty” of all charges on his first trial. Kim was accused of misreporting his assets to […]

South Korea must approve crypto ETFs or risk falling behind, says Korea Exchange chairman

South Korea should introduce cryptocurrency exchange-traded funds to stay competitive in global finance, according to the chairman of the Korea Exchange (KRX). In a recent interview in Seoul, chairman Jung Eun-bo stressed that with South Korea being the “third-largest real cryptocurrency trading country,” delaying crypto ETFs could leave it trailing behind global markets that are […]

Berachain debuts on South Korean Upbit and Bithumb on Feb 6

South Korean exchanges Upbit and Bithumb will add Berachain to its listings on Feb. 6, in time for the upcoming launch of Berachain mainnet. Two South Korean crypto exchanges announced that they will start providing trading support for new layer1 blockchain Berachain’s upcoming token, BERA. Trading support on both exchanges will start simultaneously on Feb. […]

South Korean city to launch its own crypto seizing system for tax evaders

A city in South Korea plans to launch its own virtual asset electronic seizing system next month to seize crypto assets belonging to tax evaders. According to South Korean media outlet Energy Kyungjae, the city of Gwacheon has announced that it will launch “its own electronic virtual asset seizing system.” The city regulators hope to […]

South Korea’s Upbit launches AI agent token VIRTUAL

South Korea’s largest crypto exchange launches trading support for the Virtuals Protocol token on its platform on Jan. 31, catapulting it by 20%. In recent notice, Upbit announced that VIRTUAL (VIRTUAL) will debut on its platform on Jan. 31 at 20:00 KST. The token will be available for trading on Korean won, Bitcoin (BTC) and […]

South Korean P2P CEO accused of using client funds to buy crypto

The CEO of a major South Korean P2P lender has been accused of using funds for a construction project to make personal crypto purchases. According to a report by local media outlet NBN Media, an unnamed investor and private equity fund operator has been investing money into the P2P financial lender’s construction project since 2018. […]

ANIME launching on South Korea’s Upbit Jan. 23

The native token of the Animecoin community is set to make its South Korean debut via Upbit on Jan. 23 at 22:00 KST after listing on Binance. According to a recent notice, Upbit will launch the token inspired by the Japanese pop-culture phenomenon starting from Jan. 23 at 22:00 KST. The South Korean crypto exchange […]

South Korea’s Bithumb to launch $TRUMP trading for 53k won

Bithumb announced that it will be launching $TRUMP meme coin on its platform with a base price of 53,350 won three days after its official launch. Bithumb, South Korea’s second largest crypto exchange, will launch the official Trump meme coin, $TRUMP (TRUMP), following a surge of demand in the crypto market. The crypto exchange is […]

How to buy Bitcoin in South Africa

Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet. Source link

South Korea arrests six Chinese suspects over alleged $690k Tether heist: report

Six Chinese nationals were arrested in Jeju, South Korea, for allegedly assaulting a dealer and stealing $689,000 during a stablecoin exchange. Authorities in Jeju Island, South Korea‘s largest island, have arrested six Chinese nationals for allegedly stealing 1 billion won (nearly $690,000) during Tether (USDT) transaction at a hotel on Jan. 16, Maeil Business Newspaper […]