A group of South Korean investors appears to have filed a court case against Terra founder Do Kwon over the blockchain’s crash. Local media reports suggest that several LUNA and UST holders have decid...
Tag: South
South African rand at risk ahead of SARB decision
The South African rand is hovering near its lowest level since December ahead of the upcoming interest rate decision by SARB. The USD/ZAR pair is trading at 16.027, which is about 11% above the lowest...
Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to loca...
South Korea Considers Tougher Crypto Laws After Terra Crash
In a bid to avoid further incidents like the Terra crash, South Korean officials are looking to build tougher legislation around cryptocurrencies. The recent Terra UST and LUNA collapse has raised cal...
South African Firm Introduces XUS Stablecoin
Xago Technologies (Pty) Ltd, a financial technology company in South Africa, has announced the launch of Xago XUS, a stablecoin Stablecoin Unlike other cryptocurrencies like Bitcoin and Ethereum, st...
South Korea proposes a new framework for crypto firms 1
South Korea has announced that firms involved in digital assets and related products might soon be migrated to a brand new regulatory framework. According to the report, which claims a source from the...
South Korea Lawmaker Calls for Enquiry Into Exchanges’ Terra Activities
A conservative politician in South Korea is calling for hearings to be held into questionable actions carried out by some of the country’s top crypto exchanges during the LUNA crisis, according to a r...
Terra’s Co-founder Summoned by South Korean Government Over Recent Collapse
33 mins ago | 2 mins read Altcoin News Do Kwon was requested to appear in front of the Korean parliament. Kwon has put up a proposal to salvage the ecosystem. The steep decline of Terra (LUNA) and the...
South Carolina Becomes 16th State To Ban Transgender Student Athlete Participation
Topline South Carolina banned transgender student athletes from sports that align with their gender identity in public schools and colleges Monday when Gov. Henry McMaster unceremoniously signed the b...
South Korean lawmaker suggests summoning Do Kwon to the national assembly
Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. A report unveiled this news today, noting...
Terra Founder Do Kwon To Be Summoned By The South Korean Government
The South Korean Government planning to summon Terra founder Do Kwon for a parliamentary hearing over the Terra crash. A representative of South Korea’s ruling People Power Party, Yoon Chang-Hyeon, ha...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST – Regulation Bitcoin News
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchange...
South Korean Regulators Call for Emergency Inspection after LUNA Crash
As a result of the recent collapse of the TerraUSD and LUNA cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digit...
South Korea Launches ‘Emergency’ Inspections of Local Crypto Exchanges Amid Terra Collapse: Report
South Korea’s Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) have launched “emergency” inspections into local crypto exchanges, according to a report by Yo...
South Korean Congress Calls Terra Founder Do Kwon To Explain LUNA And UST Fall
– Advertisement – South Korean Congress Calls Terra (LUNA) Founder. According to the South Korea Local newspaper, NEWSPIM, South Korean lawmakers requested that Terra founder Do Kwon and...
South Korean Legislator Calls for Do Kwon to Appear before National Assembly
Yun Chang-hyun, a South Korean lawmaker, on Tuesday proposed that the founder of Terraform Labs, Do Kwon, be summoned before the country’s National Assembly for a hearing. Local media outlet, Newspim,...
7 Best Forex Brokers in South Africa
Forex trading in South Africa has grown exponentially, spurred on by greater access to online trading, more investment knowledge amongst retail traders, and a proliferation of both offshore and local ...
South Korea Launches Investigation into Terra
Terra, which has not been out of the news headlines in the crypto world these days, suffered yet another blow today—this time by none other than the South Korean authorities. As it became known, the c...
South Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra Crash
Financial authorities in South Korea have beefed up crypto exchange inspections to boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens Per the announcement: ...
South Korea’s President Faces Retaliation Over New Crypto Policies – crypto.news
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean Presid...
South Korean president’s plan to raise crypto tax threshold hits snag, Forkast says
The South Korean National Assembly Research Service said in a report released on Thursday that a 20% tax on cryptocurrency gains set for 2023 must maintain a 2.5 million won ($1,940) threshold, contra...
South Korea Toughens Up Investigations Over Terra (LUNA) Crisis
South Korea has been alerted over the decline in the crypto market that led to the depegging of Terra (LUNA). According to a local news outlet, Luna’s decline led to cases of volatile trading. Gaming...
South Korean government pushes for a faster approach to crypto regulation amid LUNA token crisis
South Korean financial authorities have launched an emergency study of cryptocurrencies, which is designed to help them pass the “Digital Asset Basic Act,” the country’s upcoming cryptocurrency regula...
Roadblock touched as crypto tax in South Korea hits another hurdle
Digital currency in South Korea by the National Assembly Research Service could be revised A 20% tax on acquires set for 2023 should keep a 2.5 million won ($1,940) edge It will be going against new...
South African copper thieves are screwing up the future of electric vehicles
South Africa is by far the world’s largest producer of platinum, a precious metal that is among the rarest on Earth, and extremely valuable to the electronics industry. The country holds over 80% of t...
South Korea Plans Crypto Legislation By 2024, Leaked Report
In a move that will see South Korea become even more crypto-friendly, President Yoon has announced his intention to establish a new regulatory framework for the crypto industry by 2024. With this new ...
WoodenMantra.NFT: A Cutting Edge NFT To Look After South Indian Conventional Woodcarving Art
NFTs are a hot topic these days. These digital assets are in crypto news every day either because of the multi-billion dollar sales or hacks, anyway it’s quite evident that NFTs have entered the mains...
South Korea Will Implement Crypto Into Its Institutional Systems by 2024
7 hours ago | 2 mins read Bitcoin News The South Korean government plans to legalize non fungible-tokens (NFTs). The government would slap a 20% tax on crypto earnings The legislation proposal to merg...
South Korean President’s Promise To Increase Crypto Tax Limit Will Remain Unfulfilled
Reportedly, The South Korean National Assembly Research Service (NARS) has claimed tax on cryptocurrency gains set for 2023. It needs to maintain the 2.5 Million won limit, not 50 Million won as ment...
South Africa’s economy threatening downturn
DURBAN, South Africa – April 16, 2022: Massive debris at the Durban harbor following heavy rains, mudslides, rain and winds in Durban. The harbour serves as a bulwark for the economy of the city...