The U.S., Japan, and South Korea have united to thwart North Korea’s crypto theft schemes, targeting billions in stolen funds fueling weapons programs and cybercrime operations. 3 Nations Join Forces to Shut Down North Korea’s Crypto Funding Machine The U.S., Japan, and South Korea have issued a joint warning against cryptocurrency thefts linked to the […]
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $ 96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $ 122, while South Korea is displaying a premium of 3.3% on bitcoin’s price. Bitcoin Price Divide …
South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, […]
South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial Law Sends Bitcoin Reeling, Stabilizes Near $ 95K President Yoon Suk Yeol unveiled the decision during a late-night televised announcement Tuesday, explaining that the move was aimed at addressing …
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia, and the virtual asset industry. One of its key roles will be to evaluate South Korea’s plans for spot cryptocurrency ETFs and […]