Asia & MENA Crypto Roundup: Dubai’s New Ads Rule, Worldcoin Fined $800,000 in Korea, and More - vara, crypto, worldcoin, tornado cash, korea, bri, asia, second, iris, data

Asia & MENA Crypto Roundup: Dubai’s New Ads Rule, Worldcoin Fined $800,000 in Korea, and More

This week’s roundup highlights regulatory tightening and innovations in the crypto sector across Asia and MENA. Dubai’s regulator implements new crypto marketing rules, which will be effective as of October 1, 2024. Meanwhile, in South Korea, Worldco

Lynn Wang
South Korea levies $860K fine on Worldcoin for compliance failures related to data collection - fine, korea, worldcoin, tools, south

South Korea levies $860K fine on Worldcoin for compliance failures related to data collection

South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools for Humanity (TFH) for failures related to disclosure requirements, according to a Sept. 25

Monika Ghosh
South Korea, Hong Kong Lead Crypto Market Growth in East Asia - growth, south, korea, kong

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value

Kevin Helms
Ripple News : XRP Payments Now Live in South Korea - south, korea, news, xrp

Ripple News : XRP Payments Now Live in South Korea

The post Ripple News : XRP Payments Now Live in South Korea appeared first on Coinpedia Fintech News The XRP Ledge has just taken a huge step towards making payments simple. A payment solution based in South Korea known as Surfy has integrated XRP in

Vijay Gir
South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis - crypto, korea, south

South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

The Korea Premium Index drives price surges in South Korea's crypto market, where institutional trading plays a pivotal role.

Cointelegraph by Josh O'Sullivan
$6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved - korea, million, defi

$6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved

Over $6 million in various tokens from wallets belonging to on-chain DeFi platform, DeltaPrime were […] The post $6 Million Drained From DeFi Platform, ZachXBT Claims That North Korea Hackers May Be Involved appeared first on .

AlexAlex
Trust Wallet CEO Predicts ‘Amazon Web3’ Future for Crypto Wallets - ux, second, 2024, korea, dapp, one, trust wallet, chains, sec, wallet

Trust Wallet CEO Predicts ‘Amazon Web3’ Future for Crypto Wallets

Eowyn Chen, CEO of Trust Wallet, who first encountered blockchain concepts in 2014 while working in fintech, has risen to prominence in the crypto industry, joining Binance in 2018 before taking the helm at Trust Wallet in 2022. In a recent exclusive

Oihyun Kim
Movement: Multi-Chain Layer 2 Targets Korea - meta, korea, move, aptos, ethereum, second, one, layer, apt, polygon, asia, three

Movement: Multi-Chain Layer 2 Targets Korea

Movement Labs is a startup project that raised $38 million in Series A funding earlier this year and its Layer 2 blockchain called Movement has recently gained global attention. The two founders, Rushi Manche and Cooper Scanlon used to be the student

Oihyun Kim
20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats - rok, korea, japan

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il,

Bitcoin.com
Bitcoin slips 4.5% to trade below $57,000 amid broader selloff - bitcoin, japan, korea

Bitcoin slips 4.5% to trade below $57,000 amid broader selloff

Japan’s TOPIX and Korea’s KOSPI indexes were down over 2% this morning after Wall Street plummeted on weaker ISM data in the U.S.

Timmy Shen
Crypto ETF Sector Under Siege: FBI Raises Alarm On North Korea Cyber Plans - cyber, etf, one, crypto, korea

Crypto ETF Sector Under Siege: FBI Raises Alarm On North Korea Cyber Plans

In a recent announcement, the Federal Bureau of Investigation (FBI) warned that the Democratic People’s Republic of Korea (DPRK) is conducting cyber operations targeting one of the industry’s most booming sectors this year, the crypto ETF market. Cyb

BitGo Partners with Hana Financial, SK Telecom Ahead of License Gain in South Korea - south, korea

BitGo Partners with Hana Financial, SK Telecom Ahead of License Gain in South Korea

Coinspeaker BitGo Partners with Hana Financial, SK Telecom Ahead of License Gain in South Korea BitGo is currently in the process of obtaining a license as a virtual asset service provider (VASP) in South Korea, an important step in regulating its op

Anisha Pandey
South Korea joins global crackdown on Telegram, cites deepfakes - korea, south

South Korea joins global crackdown on Telegram, cites deepfakes

South Korea has joined the growing list of global jurisdictions, launching a probe against Telegram over illicit content dissemination.

XRP Lawyer Question SEC Terms As Commissioner Proposes Custom Forms - sec, korea, xrp

XRP Lawyer Question SEC Terms As Commissioner Proposes Custom Forms

XRP lawyer Bill Morgan recently expressed scepticism regarding the SEC’s terminology for digital assets. His concern centres around the appropriateness of the term “digital asset security” and the necessity for a dedicated S-1 registration proposed b

Ronny Mugendi
Bitcoin maintains premium in South Korea despite global dip - south, bitcoin, korea

Bitcoin maintains premium in South Korea despite global dip

Bitcoin in South Korea remains a hot commodity. While the global BTC price hovered around $59K on September 1, Korean exchanges saw it trading at a premium.

Breaking Through Web3 Mass Adoption with Entertainment: MEET48’s Ambition in Fan Economy - korea, model, japan, virtual

Breaking Through Web3 Mass Adoption with Entertainment: MEET48’s Ambition in Fan Economy

[PRESS RELEASE – Singapore, Singapore, August 23rd, 2024] In 2007, Japan’s virtual idol Hatsune Miku debuted with synthesized voice technology, establishing the UGC model in the virtual idol industry. By 2012, her success led to the rise of more virt

Chainwire
Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge - korea, virtual, bitcoin

Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge

Coinspeaker Korea’s Virtual Asset Market Crashes as Bitcoin Plummets to February Lows, Stocks Plunge Stocks linked to cryptocurrency exchanges and technology investments have also taken serious hits a

Mayowa Adebajo
Do Kwon extradited to South Korea, not the US - south, korea

Do Kwon extradited to South Korea, not the US

Do Kwon, the co-founder of bankrupt Terraform Labs, will be extradited to South Korea. Yesterday, a Montenegrin appeals court ruled on his extradition, rejecting the US request.

exbasi.com
Do Kwon set for extradition to South Korea after appeals court rejects US request - korea, south, request, set

Do Kwon set for extradition to South Korea after appeals court rejects US request

Terraform Labs co-founder Do Kwon is finally set to be extradited to South Korea after a more than year-long legal process in Montenegro. The Appellate Court upheld the Higher Court’s June decision to

Assad Jafri
Upbit, Coinone, Bithumb Face New Fees Under South Korea’s Crypto Law - south, korea, fees

Upbit, Coinone, Bithumb Face New Fees Under South Korea’s Crypto Law

After the introduction of the Virtual Asset User Protection Act in South Korea, crypto exchanges such as Upbit, Bithumb, and Coinone are now required to pay supervisory fees. These fees, estimated to

Kritika Mehta