Korea

By Leika Kihara WASHINGTON (Reuters) - The success of Japan and South Korea at inserting language voicing concern over their currencies in a joint statement with the U.S. this week underscores the political heat they face from stiff…

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South Korea will participate in a global project involving central banks and commercial lenders from seven countries that seek to explore the tokenization of cross-border payments. Along with the Bank for International Settlements (BIS),…

Do Kwon, the beleaguered founder of TerraForm Labs, is headed to South Korea to face charges connected to the 2022 Terra ecosystem collapse. This follows a Montenegrin appeals court rejecting his final attempt to be extradited to…

A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ co-founder Do Kwon to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities…

South Korean authorities inched closer to accosting Do Kwon over Terra’s $60 billion collapse following a March 20 court ruling in Montenegro.  According to an official notice on the matter, Do Kwon’s bid to overturn a decision approving…

Concerning the fate of cryptocurrency entrepreneur Do Kwon, a Montenegrin court has ruled in favor of his extradition to his native South Korea. The decision marks the latest twist in the legal saga that unfolded following Kwon's arrest in…

South Korea’s Bitcoin kimchi premium has soared to levels last in 2021 amid Bitcoin’s latest rally that resulted in a new all-time high. Data from CryptoQuant shows that the premium index reached a 27-month high of 10.32%…

© Reuters. FILE PHOTO: North Korean leader Kim Jong Un visits the Ministry of National Defense on the occasion of the 76th anniversary of the founding of the Korean People's Army in Pyongyang, North Korea in this picture released on…