[Brief] South Korean Police Arrest 23 in $11 Million USDT Laundering Case
South Korean police arrested 23 individuals suspected of laundering $11.1 million through USDT between February 2024 and April 2025.
South Korea
[Brief] South Korea to Review Crypto Tax Plan After 50K-Signature Petition
The South Korean government said it will review its cryptocurrency taxation plan after a national petition garnered over 50,000 signatures. The petition calls for canceling or delaying taxes on crypto trading gains. South Korea has been wavering on crypto regulation, and this review reflects domestic divisions over the tax framework for the digital asset industry.
South Korean Ship Struck by Unidentified Objects in Strait of Hormuz
South Korea confirms a South Korean vessel was struck by ‘unidentified flying objects’ in the Strait of Hormuz, raising fresh concerns about shipping safety in the critical waterway.
South Korean Vessel Damaged in Strait of Hormuz as Maritime Crisis Widens
A South Korean HMM-operated cargo ship was damaged after a suspected attack in the Strait of Hormuz, marking the first Korean vessel affected as the maritime crisis escalates
North Korean Delegation Makes Rare Visit to South Korea in Diplomatic Signal
North Korea sends a rare delegation to visit South Korea in an important diplomatic contact that has drawn international attention to the future direction of peninsular relations
Samsung Electronics Posts Record 750% Profit Surge on AI Chip Demand
Samsung Electronics reports record quarterly earnings with operating profit jumping 750% year-on-year to 57.2 trillion won, driven by surging demand for high-bandwidth memory chips from AI data centers.
South Korean Court Increases Former President Yoon's Sentence to 7 Years in Obstruction Case
A South Korean appeals court has increased former President Yoon Suk Yeol’s prison sentence to 7 years in an obstruction of justice case, making him the latest former Korean president to face criminal conviction.
South Korea Appeals Court Sentences Ex-First Lady Kim Keon Hee to 4 Years in Prison
Seoul High Court increases former first lady Kim Keon Hee’s sentence from 20 months to 4 years for stock manipulation and bribery charges.
Google Announces First AI Campus Outside US in South Korea
Google plans to build its first AI campus outside the United States in South Korea, signing a cooperation agreement with the Korean government in a landmark move for Asian AI infrastructure investment.