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…
The South Korean Financial Services Commission (FSC)’s newest measures against KuCoin and MEXC have resulted in a total purging of their applications from the Google Play Store and Apple App Store, enabling the obscuration of all submitted foreign applications from various countries. This places South Korea far ahead in the world when it comes to…
