South Korean Cryptocurrency Exchange
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South Korean Crypto Firm Accidentally Sends $40 Billion In Bitcoin To Users
A South Korean cryptocurrency exchange apologised on Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform.
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South Korea Asks KuCoin, OKX to Freeze Bitcoin Tied to Terra's Do Kwon: All Details
South Korean prosecutors have sent requests to crypto exchanges KuCoin and OKX, asking them to freeze Bitcoin linked to Terra's Do Kwon, who is wanted by the authorities after his Terra stablecoin ecosystem collapsed in May, wiping out an estimated $60 billion (roughly Rs. 4,89,000 crore). A total of 3,313 Bitcoins, which are worth around $67 milli...
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KuCoin, Coinex Among 16 Crypto Exchanges Being Probed in South Korea Over Illegal Operations
South Korean authorities have opened a probe on 16 crypto exchanges for ‘illegally operating’ in the country. These exchanges include Kucoin, MEXC, Phemex, XT.com, Bitrue, ZB.com, Bitglobal, Coinw, Coinex, AAX, Zoomex, Poloniex, BTCEX, BTCC, Digifinex, and Pionex.
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South Korean Police Seizes Crypto for Non-Payment of Fines as Part of Pilot: Report
A South Korean town near South Korea's capital city of Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with traffic fines.
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CryptoCom Grabs Virtual Asset Service Provider License in South Korea
CryptoCom has bagged approvals to operate as a virtual assets service provider in South Korea. The development comes after CryptoCom also acquired two South Korean firms, payment service provider PnLink and virtual asset provider OK-Bit, for an undisclosed amount of capital.
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South Korea Police Wants Country's Crypto Exchanges to Freeze Luna Foundation Guard's Assets
South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. The development arrives after LFG faced questions over how it had spent its Bitcoin reserves amid Terra's collapse.
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South Korea Joins List of Countries Sanctioning Russian Crypto Users Over Ukraine Ivasion
Major South Korean exchanges have decided to perform IP filtering to prevent Russian customers from transacting on their platform. Some platforms are also blocking Russian crypto accounts from withdrawing their crypto funds in a bid to tackle money laundering.
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Coinone Crypto Exchange Ramps Up Security Around Token Withdrawals in Compliance With South Korean Law
After South Korea enforced crypto monitoring laws in March, Coinone along with other exchanges has mandated some know your customer (KYC) requirements. It includes users registering their external wallets with the exchange.
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Hackers Hit South Korean Cryptocurrency Exchange Bithumb, Bitcoin Falls
Bithumb said in a notice on its website on Wednesday that it has stopped all trading.
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Bitcoin Price Drops 18 Percent Over Fears of Ban in South Korea
South Korean Finance Minister has reportedly said the country plans to clamp down on "irrational" cryptocurrency investment craze.
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South Korean Crypto Firm Accidentally Sends $40 Billion In Bitcoin To Users
A South Korean cryptocurrency exchange apologised on Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform.
-
South Korea Asks KuCoin, OKX to Freeze Bitcoin Tied to Terra's Do Kwon: All Details
South Korean prosecutors have sent requests to crypto exchanges KuCoin and OKX, asking them to freeze Bitcoin linked to Terra's Do Kwon, who is wanted by the authorities after his Terra stablecoin ecosystem collapsed in May, wiping out an estimated $60 billion (roughly Rs. 4,89,000 crore). A total of 3,313 Bitcoins, which are worth around $67 milli...
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KuCoin, Coinex Among 16 Crypto Exchanges Being Probed in South Korea Over Illegal Operations
South Korean authorities have opened a probe on 16 crypto exchanges for ‘illegally operating’ in the country. These exchanges include Kucoin, MEXC, Phemex, XT.com, Bitrue, ZB.com, Bitglobal, Coinw, Coinex, AAX, Zoomex, Poloniex, BTCEX, BTCC, Digifinex, and Pionex.
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South Korean Police Seizes Crypto for Non-Payment of Fines as Part of Pilot: Report
A South Korean town near South Korea's capital city of Seoul has been successfully operating a pilot program that allows police to seize crypto from the exchange accounts of individuals with traffic fines.
-
CryptoCom Grabs Virtual Asset Service Provider License in South Korea
CryptoCom has bagged approvals to operate as a virtual assets service provider in South Korea. The development comes after CryptoCom also acquired two South Korean firms, payment service provider PnLink and virtual asset provider OK-Bit, for an undisclosed amount of capital.
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South Korea Police Wants Country's Crypto Exchanges to Freeze Luna Foundation Guard's Assets
South Korean authorities have asked crypto exchanges to freeze assets linked to the Luna Foundation Guard, KBS has reported. The development arrives after LFG faced questions over how it had spent its Bitcoin reserves amid Terra's collapse.
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South Korea Joins List of Countries Sanctioning Russian Crypto Users Over Ukraine Ivasion
Major South Korean exchanges have decided to perform IP filtering to prevent Russian customers from transacting on their platform. Some platforms are also blocking Russian crypto accounts from withdrawing their crypto funds in a bid to tackle money laundering.
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Coinone Crypto Exchange Ramps Up Security Around Token Withdrawals in Compliance With South Korean Law
After South Korea enforced crypto monitoring laws in March, Coinone along with other exchanges has mandated some know your customer (KYC) requirements. It includes users registering their external wallets with the exchange.
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Hackers Hit South Korean Cryptocurrency Exchange Bithumb, Bitcoin Falls
Bithumb said in a notice on its website on Wednesday that it has stopped all trading.
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Bitcoin Price Drops 18 Percent Over Fears of Ban in South Korea
South Korean Finance Minister has reportedly said the country plans to clamp down on "irrational" cryptocurrency investment craze.
