SOUTH-KOREA

The local authorities blocked 32 phishing websites in the last three months.

The regulators are trying to identify all crypto exchanges operating in the country.

Many local crypto operations in the country are on the verge of shutting down.

The city government has seized $22 million in digital currencies.

The authorities are planning to eliminate the use of cryptocurrencies in money laundering.

The exchange will cease operations from April 7.

The total trading volume on South Korea’s crypto exchanges jumped above $14.5 billion on Sunday.

The system will allow individuals to utilize the issued CBDCs in various ways.

The financial regulator will impose a fine on digital exchanges for failure to report suspicious crypto transactions.

This new collaboration aims to present new, innovative, easy-to-use products and services to its customers.

The local branch will start operating from next month.

The minority ownership will be transferred on February 22.

Nexon reportedly partnered with Vidente to buy majority stakes in the crypto exchange.

The group already backs many prominent projects like Klaytn, Link and ICON.

99 percent of the trading volume on the local exchange are allegedly fake.

Korea's National Assembly proposed a delay in the crypto tax rule to push the implementation to January 2022.

The new law will come into effect in March 2021.

The exchange was raided three times earlier this month.

The exchange allegedly committed fraud by issuing its native BXA tokens.

The exchange generated an income of $85 million from market manipulation.

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