Address
5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
The Seoul Southern District Court has made a ruling that cryptocurrency ‘Luna’ is not a security. This ruling has stopped the prosecution’s investigation into the alleged violation of the Capital Market Act by the co-founder of Terraform Labs, initial investors,…
Representative Yoon Chang-hyun of the Nationalist Party of Korea stated that the fourth industrial revolution, including digital finance, could help overcome the global economic crisis and face new opportunities with the stamina and strategy to respond to rapid changes. Yoon…
The ‘Virtual Asset User Protection Act’ passed the National Assembly’s Political Affairs Committee. The bill consolidates and adjusts 19 bills related to virtual assets and defines them as electronic certificates with economic value that can be traded or transferred electronically,…
In South Korea, cryptocurrency exchange Bithumb announced this Tuesday that it launches a ” investor protection education program” in order to bridge the digital divide between generations. It,therefore, ensures a safe financial life for all age groups. In fact, according…
Furyver is the only cryptocurrency exchange in Korea that is traded on Coinone. There has been a lot of noise surrounding the company. Coinone, however, has virtually ignored it. When the price of Furyver plummeted last year, there were no…
Be aware of phishing attempts using NFTs, which have recently gained popularity. Non-fungible tokens (NFTs) are non-fungible tokens that have gained a lot of attention as virtual assets alongside cryptocurrencies like Bitcoin. According to security firm EastSecurity, a number of…
Korea prosecutors demand for extradtion of Kwon Do-hyung who is responsible for compensation to victims in Korea with no possibility of his being acquitted when punished in Korea. Seoul Southern District Prosecutors’ Office completed Kwon’s paperwork and delivered it to…
According to the virtual asset industry on the 20th, Bithumb, a virtual asset exchange, is about to renew a one-year contract right before the expiration of the real-name deposit and withdrawal account service partnership contract with Nonghyup (NH) Bank. Bithumb…
Cryptocurrency exchange Bithumb is likely to reunite with its existing partner NH Bank as the South Korean bank to provide real-name accounts. It is understood that the deal with Kakao Bank, which had been considered as a new candidate, has…
The Financial Services Commission (“FSC”) announced on the 28th of last month that it prepared measures against voice phishing done through virtual asset exchanges and prepaid businesses that previously could not suspend payments even if such crime was reported. In…