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Tag: South Korea

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South Korea Targets Delio CEO with 20-Year Bid in $168M Crypto Case
South Korea’s 20-year bid against Delio’s CEO signals tougher enforcement as regulators clamp down on crypto misconduct.
Regulatory pressure on crypto firms in South Korea is intensifying as authorities pursue high-profile enforcement cases. A major development now centers on allegations… Read full article
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South Korea seeks 20-year sentence for Delio CEO over $169M crypto fraud
Prosecutors say Jeong Sang-ho’s “active deceptive acts” left nearly 2,800 investors frozen out of their funds, as South Korea's crackdown on the crypto industry widens. Read full article
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South Korea’s Shinhan Card taps Solana to test real-world stablecoin payments
Shinhan Card signed a deal with Solana Foundation to expand stablecoin payment tests and explore non-custodial wallets and DeFi-based services. Read full article
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Solana Lands a South Korean Card Giant: Eight More Are Already Building
Key Takeaways

Shinhan Card signed MOU with Solana Foundation.
Shinhan focus: real-time PoC, non-custodial wallets, oracle technology, smart contracts.
KB Kookmin: Avalanche hybrid card, stablecoin first, credit fills shortfall automatically.
Hana Card: 5% cashback on USDC payments for international tourists,… Read full article
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South Korea Ramps Up 2027 Crypto Tax Prep Amid Abolition Calls
South Korea’s tax authority has begun preparations to implement its 20-22% tax on crypto income starting next year, fast-tracking the development of a tax base and tracking system to end years of delays for the Income Tax Act.

NTS Begins… Read full article
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