South Korea has taken a significant step toward strengthening the security of digital asset infrastructure by introducing the country’s first comprehensive security framework for financial digital wallet services. The framework ...
A U.S. federal court has sentenced Do Kwon, co-founder of Terraform Labs, to 15 years in prison for his role in the collapse of the Terra–Luna cryptocurrency ecosystem, one of ...
South Korea’s largest virtual asset exchange, Upbit, is facing criticism for its Upbit delayed hack disclosure, which amounted to a delay of 7 hours and 51 minutes and raised concerns ...
The National Assembly’s recent approval of amendments to the Act on Electronic Registration of Stocks, Bonds, etc. and the Financial Investment Services and Capital Markets Act (FSCMA) marks Korea’s first ...
South Korea’s largest cryptocurrency exchange, Upbit, has once again suffered a major security breach—this time involving approximately KRW 44.5 billion in assets transferred from its hot wallet to unauthorized addresses. ...
South Korea’s Financial Services Commission (FSC) has rejected the Bank of Korea’s proposal to obtain emergency intervention authority over KRW-denominated stablecoins, creating a major split in Korea’s stablecoin regulation as ...
