Tag: South

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Ethereum Tokens Swiped, Returned After South Korean Tax Service Publishes Wallet Seed Phrases

In brief The South Korean National Tax Service (NTS) shared seed phrases from seized crypto wallets in a press release. The contents of the wallets—valued around...

How South Korean police lost $1.4m worth of Bitcoin – DL News

22 Bitcoin vanished from a sealed police vault in central Seoul.Two men have been arrested, police say.Earlier this month, prosecutors tracked down $22 million...

South Africa Moves to Bring Cryptocurrencies Under Capital Flow Controls

South African Finance Minister Enoch Godongwana has announced plans to end the country’s crypto regulatory vacuum by drafting new rules to integrate digital assets...

South Korea to Require Crypto, Stock Influencers to Disclose Holdings

South Korea is reportedly preparing new rules that would force social-media personalities promoting cryptocurrencies and stocks to reveal what they own and whether they...

South Korea’s Central Bank Reaffirms Bank-First Stablecoin Model

South Korea’s central bank has reportedly renewed its push to keep Korean won-pegged stablecoin issuance in the hands of commercial banks, warning lawmakers that...

South Korean Lawmakers Slam Regulators Over Bithumb’s $43 Billion Bitcoin Blunder

In brief Lawmakers in South Korea are intensifying scrutiny on financial regulators that missed a structural issue that led to $43 billion in Bitcoin being...

Dual South Korean listings send Ethereum layer-2 token AZTEC surging 82%

Aztec (AZTEC) surged about 82% in 24 hours to around $0.035 after South Korean exchanges Upbit and Bithumb both moved to list the token...

Microsoft to Invest $50B in AI Push in Global South

Microsoft said it is aiming to address the imbalance in worldwide AI rollout by investing more than $50 billion in the Global South by...

South Korea’s Hanwha Backs US Blockchain Firm Kresus With $13M Investment

Blockchain infrastructure company Kresus secured about $13 million from South Korea’s Hanwha Investment and Securities to expand enterprise digital wallets, real‑world asset tokenization and...

Africrypt Founders Return to South Africa After Years in Hiding: Report

South Africa’s so-called “Bitcoin Brothers,” Raees and Ameer Cajee, have quietly returned to the country years after the collapse of their crypto investment platform...

South Korea Ends 9-Year Corporate Crypto Ban Under Strict New Rules

Key takeawaysSouth Korea is ending a nine-year ban on corporate crypto trading, allowing listed entities and professional investment companies to reenter the market under...

South Korea’s biggest securities firm snaps up crypto exchange as stock market soars – DL News

Mirae Asset has $418 billion in total assets under management.Firm will pay $92 million for 92% stake in Korbit exchange.South Korea’s stock market continues...