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South Korean cryptocurrency executives detained for alleged embezzlement South Korean prosecutors have detained top executives of two cryptocurrency exchanges for alleged embezzlement and fraud as authorities crack down on virtual currency trading in one of the world's most exuberant bitcoin markets. The Seoul Southern District Prosecutors' Office said on Thursday that ...
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South Korean Capital Looks to Launch City-Wide Cryptocurrency S-Coin South Korea is already one of the cryptocurrency capitals of the world. As such, the country's capital city of Seoul is looking to adopt its own official cryptocurrency. Seoul's mayor, Park Won-soon, proposed the idea to launch a city-wide digital currency – called S-coin – as a means to fund public welfare ...
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