South Korea’s First Won Backed Stablecoin is On the Way

A South Korean fintech firm has revealed it has successfully created a traded the nation’s first won backed stablecoin. Read more Market pieces here. BxB Inc., a South Korean fintech…

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Cryptocurrency Fraud Worth 100 Bln Won Busted in South Korea

On June 12, 2020, the Seoul Metropolitan Police announced investigating a cryptocurrency scam project run by three fraudsters having collected about 100 billion won (approx. $83.1 million USD).

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