Hwang Jung-eum Apologizes After Embezzling ₩4.3 Billion for Cryptocurrency Investment SEOUL— South Korean actor Hwang Jung-eum, best known for her lead roles in popular dramas, has publicly apologized after admitting in court to embezzling billions of won from her own company to invest in cryptocurrency. In a heartfelt statement released through her agency, Y.One Entertainment,…
Cryptocurrency Goes Popular in South Korea’s Election Cryptocurrency is the main topic of conversation in South Korea as presidential elections draw near, set for June 3. Kim Moon-soo, the People Power Party candidate and former labor minister, has raised eyebrows with his proposals of integrating digital currency into national economic policy. According to statistics, as…
In a shift fueled by the rise of new assets, South Korean presidential hopefuls are making unusual attempts to connect with crypto investors. With around 16 million and one in three voters as ‘crypto friends,’ this group is further encouraged to spend their resources during the June 3 election. According to a report by Point…
South Korea, Vietnam, Malaysia, Thailand, and Hong Kong are at the forefront of Asia’s surge, spearheading the adoption, governance, and innovation that are transforming global finance. Unlike many parts of the world, Asia is quickly solidifying a primary position in the cryptocurrency and decentralized finance ecosystem. At the forefront of this change are South Korea,…
KuCoin’s cryptocurrency operations have officially launched in Thailand, bringing “KuCoin Thailand” into the local landscape. This new venture is being facilitated by ERX Company Limited, a company already known in Thailand’s digital assets ecosystem. As KuCoin’s local partner, ERX was earlier known as the first digital token exchange in Thailand under SEC regulation. This partnership…
South Korea approaches a pivotal moment with the June 3rd presidential election, casting the nation into further chaos, a direct outcome from Yoon Suk Yeol’s Tsai-ing political landscapes. The nation is fragmented on a societal level and does not exhibit the glimpses of unification that were anticipated after the political upheaval. With the uneased shadow…
With robust consumer involvement and participation from crypto whales, South Korea’s sector was booming. However, the year 2025 brought a politically heavy gale with it. Politically, the nation was already suffering from the economic and diplomatic consequences of former president Yoon Suk Yeol’s impeachment in December 2024, which opened a new floodgate towards more stringent…
In a global geopolitical shift, South Korea and Syria have officially set up diplomatic relations. This marks the first official recognition of the transitional government of Syrian President Ahmad al-Sharaa, while also striking a setback to North Korea, which was allied with Syria during the dictatorship of President Bashar al-Assad. The South Korean minister Cho…
With the metaverse causing the latest buzz, South Korea’s elite, wealthiest citizens have eroded their concerns along with their crypto assets. This faint new buzz the rulers of Korea have successfully attempted to silence has seasoned South Korea’s wealthy citizens; the regulators can hardly cope with the country’s wealth. The South Korean banking sector has…
In a bid to protect investors and enforce local regulations, South Korean financial authorities are taking stern action against unregistered foreign cryptocurrency exchanges. The country’s financial intelligence unit, tasked with monitoring and curbing financial crimes, has also ordered Apple to pull 14 crypto exchange apps from the App Store. This follows a similar ban placed…
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