South Korea warns users after reporting 40 unregistered crypto operators

South Korea’s Financial Intelligence Unit has referred about 40 unregistered virtual asset service providers to investigative authorities and warned consumers about the risks linked to unauthorized crypto businesses. The Financial Intelligence Unit, which operates under the Financial Services Commission, said…

South Korea’s KOSPI crashes 10% as regulator admits ETF mistake – Bitcoin falls below $63,000

South Korea’s benchmark KOSPI stock index plunged nearly 10% today, triggering a market-wide trading halt one day after the country’s top financial regulator acknowledged that authorities had rushed the approval of leveraged funds tied to its two largest chipmakers. According to reports, the KOSPI closed down 9.99% at 8,203.84, its steepest decline since March 4. […]

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South Korea crypto remittances jump 380% in three years, surpassing banks

South Korea has seen cryptocurrency-based overseas remittances climb 380% in the past three years, outpacing growth in traditional bank transfers as financial institutions increase their focus on blockchain-powered payment services. According to a SBS Biz report, remittances processed through South…

Prime Video’s Anticipated Romance TV Show Debuts Today

Prime Video‘s newest romance comedy TV show has finally debuted today. The first episode of See You at Work Tomorrow!, starring South Korean actors Seo In-guk (Death’s Game) and Park Ji-hyun (You and Everything Else), is officially available to stream on Prime Video. New episodes debut every Monday and Tuesday, until the finale episode on […]

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Drone spying scandal overshadows Mexico-South Korea World Cup clash

Mexico and South Korea are set to meet in the second round of Group A matches, but this World Cup game is already making headlines, and not flattering ones. A suspected spying scandal has landed on FIFA's doorstep, and initial lines of inquiry have already been reported in the Mexican media. South Korea coach Hong […]

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Nearly 17,000 visitors attended Korea Days – 7th KoreaON Festival on Margaret Island in Budapest – photos

Over the course of two days, visitors explored a wide range of topics, from music and performing arts to gastronomy, beauty, education, and digital culture.

#southkorea #koreaon #festival #budapest

Continue reading: https://dailynewshungary.com/lots-of-visitors-attended-koreaon-festival/

South Korea arrests 23 over USDT laundering for Cambodian fraud network

South Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through USDT transactions and exchange transfers on behalf of a Cambodia-based phishing syndicate. According to local news outlet Newsis, the Seoul Metropolitan Police…

Seoul-based Thisisneverthat fashion brand teases upcoming G-Shock collaboration (plus 2024 collab still available)

Seoul-based streetwear fashion brand Thisisneverthat teased an upcoming G-Shock collaboration on Instagram (embedded below). A dark image depicts a possible DW-5600 watch with green-glowing phosphorescent paint for the G-Shock and Protection logos on the bezel. The brand’s most recent DW-6900TNT24-7DF collab from 2024, which also included a T-shirt, was also released on its international site […]

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Economic Security Reshapes the EU–South Korea Alliance

Bilateral trade has doubled to €124 billion since 2015 as Brussels and Seoul deepen cooperation on semiconductors, digital trade and supply-chain resilience Economic security emerged as the defining theme of the 11th European Union–South Korea Summit in Brussels, where leaders celebrated the conclusion of a landmark Digital Trade Agreement while expanding cooperation on semiconductors, critical…

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Exclusive interview – South Korean Ambassador: Hungary is no longer just an investment destination; it’s a strategic innovation partner

🇰🇷🇭🇺 In an exclusive interview with Daily News Hungary, South Korea’s Ambassador to Budapest, Chul-min Park, speaks about the future of Korean-Hungarian relations, major investments, K-pop’s growing popularity, tourism, education, and why Hungary has become one of South Korea’s closest partners in Europe.

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South Korea says tokenized stocks may be taxed under existing laws

South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into the country’s existing taxation framework once financial regulators finalize their legal interpretation. According to…

South Korea Sentences Yoon to 30 Years for the Drone Plot That Preceded His Martial Law Bid

Yoon Suk Yeol already has a life sentence for insurrection and five years for obstruction. On Friday, a Seoul court added 30 more for the drone operation he ordered two months before declaring martial law.

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