Terraform Labs Co-Founder Do Kwon Faces Historic Crypto Fraud Trial in US
Former crypto mogul Do Kwon pleads not guilty to multiple fraud charges related to Terraform Labs' $40 billion collapse in 2022. The landmark case could set precedents for cryptocurrency regulation and reshape digital asset oversight globally.
South Korea Opens Door to Institutional Crypto Trading in Landmark Policy Shift
South Korea's FSC plans to allow institutional investors into cryptocurrency markets through a phased approach, starting with non-profit organizations. The regulatory changes signal growing acceptance of digital assets while maintaining oversight, with additional plans for crypto ETFs and security token offerings by 2025.
Jeju Island Pioneers NFT-Based Tourism Cards to Woo Gen Z Travelers
South Korea's Jeju Island is revolutionizing tourism with NFT-powered visitor cards offering perks and digital memories for young travelers. Set to launch in 2025, this initiative builds on the island's existing blockchain projects while aiming to attract tech-savvy Generation Z tourists.
South Korea Signals Major Policy Shift: Crypto ETFs on the Horizon for 2025
South Korea's financial sector prepares for a transformative change as the Korea Exchange announces plans to explore cryptocurrency ETFs in 2025. This strategic move, following the success of US crypto ETFs, could reverse the country's 2017 ban despite ongoing political challenges.
South Korea's Crypto Boom: One-Third of Population Now Holds Digital Assets
South Korea's cryptocurrency market has surged to $78 billion as over 30% of the population now owns digital assets. The remarkable growth, adding 610,000 new crypto investors in just one month, coincides with renewed market optimism and intensified trading activity across major exchanges.