South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project.
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Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17
Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.
S. Korean Regulator to Demand Clear Disclosures on Firms’ Crypto Holdings From 2024
The South Korean Financial Services Commission (FSC) has announced that local companies will be mandated to disclose their cryptocurrency holdings from next year as new accounting rules come into effect.…
South Korea to ask firms to disclose crypto holdings from 2024
After initially mandating public officials to declare their crypto, the South Korean authorities now want all local firms to disclose such holdings.
Legal proceedings start for Terraform Labs co-founder in South Korea: Report
Terra co-founder Do Kwon is currently in custody in Montenegro, while Daniel Shin's trial preparations in South Korea are reportedly underway.
First Hearing for Terraform Labs Co-founder Held on July 10
According to local Korean media, the first trial in the court case brought by the authorities against Shin Hyun-Seong – known internationally as Daniel Shin – is now in full…
Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report
Blockchain data showed the wallet reportedly associated with LFG had a balance of roughly 6,983 BTC in October 2022, with transactions later moving funds to different addresses.
Robot guest-conducts the Korean National Symphony Orchestra
The android robot EveR 6 and conductor Soo-Yeoul Choi co-conducted a performance of six pieces with the Korean National Symphony Orchestra.
South Korean crypto lending firm Delio under investigation by regulators
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month.
Bitcoin Cash Trading Volume on Upbit Skyrockets as BCH Soars 120% Weekly
The leading South Korean cryptocurrency exchange – Upbit – has recorded a trading volume of more than $350 million for the Bitcoin Cash (BCH)/Korean Won (KRW) pair for the past…
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