Do Kwon Will Be Extradited to South Korea, Not to US
The court in Montenegro has ruled that Do Kwon, co-founder of Terraform Labs, will be extradited to South Korea.
The court in Montenegro has ruled that Do Kwon, co-founder of Terraform Labs, will be extradited to South Korea.
After the upcoming April elections in South Korea, the newly formed government may ease regulations on digital assets.
The South Korean Office of the President is urging the financial regulator to reconsider its stance on approving a local Bitcoin exchange-traded fund (ETF).
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
Hashed, South Korea’s foremost crypto venture, has boldly faced the challenges of the crypto winter, committing a substantial $28.44 million (36.8 billion won) to blockchain projects this year.
The South Korean police have arrested 22 people for their involvement in a cryptocurrency investment fraud in the city of Changwon.
South Korean President Yoon Suk Yeol has issued instructions to have a bill drafted that will contain practical measures to bolster South Korea’s national security by tracking and freezing cryptocurrencies and other virtual assets used by North Korea.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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