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 South Korea

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South Korea clips powers of police, prosecutors and Spies ... Seoul -- The South Korean government plans to reform the country's prosecution, intelligence and police services, a step toward realizing President Moon Jae-in's election pledges to curtail abuse of power by these agencies, which he says ...
As one might expect, South Koreans are vehemently opposed to any ban on cryptocurrency trading, with the president's office receiving a petition signed by more than 250,000 people urging government to reject such measures. South Korea is particularly known for its heavy speculation in cryptocurrency, ...

PYEONGCHANG, South Korea -- After keeping South Korea in suspense, North Korea will send an advance team of officials, including a well-known singer ... South Korean officials have insisted they would ensure that the North Korean delegates kept political propaganda out of their activities in the South.
K-pop is having a major moment right now thanks to the power of bands like EXO, BIGBANG and BTS. But it's no surprise that the genre is growing in worldwide popularity when it has support from its government. It turns out that the South Korean government has dedicated a department solely to K-pop to ...
South Korea cannot be the only nation that rejects bitcoin and cryptocurrencies. South Korea cannot be isolated by comdening bitcoin, cryptocurrency, and blockchain technology. I encourage the government to no longer present the South Korean people as foolish investors and take the right approach by ...
Despite conservative skepticism, South Korea's government led by liberal President Moon Jae-in says it hopes the Olympics will provide the Koreas with a chance to improve their frosty relations. government officials say the South Korean national flag will appear at the start of the opening ceremony, ...

The past week of confusion and friction over cryptocurrency regulation in South Korea continues to unfold as accusations surface of government officials practicing insider trading, local news source Chosun reports. According to the local reports on Thursday, Jan. 18, some government officials from the ...
North Korean government-backed hackers are targeting South Korean cryptocurrency exchange customers using similar tactics to the cyberattack on Sony ... Targets of the hacking campaign also appear to be users of the Coinlink cryptocurrency exchange, other exchanges in South Korea, and a group ...
As reported by CNBC, the petition has been posted on the South Korean presidential website, stating that if more than 200,000 signatures are gathered within 30 days, government officials will respond to the demands. As has been reported, South Korea has been the location of a bulk of trading in bitcoin and alternative ...
Notably, South Korea's largest cryptocurrency exchange Bithumb also supports "the right set of regulations". Worried about a 'cryptocurrency obsession' in the country, the South Korean government started considering a range of regulatory measures for crypto. Some of the proposed regulations include ...
The drop comes amid suggestions that South Korea could ban trading in cryptocurrencies entirely, or at the very least impose sweeping new regulation on the market. South .... South Korean officials' remarks have swayed the global markets for bitcoin and other crypto currencies in the past few weeks.
Hong Kong -- A 140-member North Korean pop orchestra will stage rare performances in South Korea during the Winter Olympics next month, the two ... The South Korean government said it hoped that the North Korean orchestra would "contribute to improving relations and recovering the cultural ...
Last year, according to the South Korean Supreme Court, just 25 such cases went to trial, with four leading to convictions. For decades, the government's enforcement of the ban has waxed and waned with the prevailing population trends. Advocates calling for an end to the ban have long argued that South ...
"In a practical sense, the South Korean government needs to factor in some political aspects - if a growing number of people lose huge sums of money on bitcoin because of the government's failed attempts to rein in the frenzy, people will blame the government," Lee Dong-gwi, a psychology professor at ...
The official word from South Korea's Blue House (the local equivalent of the White House) is in: there will be no ban on bitcoin trading in the near future for ... "The South Korean government has no other choice but to follow the regulatory frameworks and trends established by other leading governments.
Asking for a new apology indicates that the South Korean government is tacitly trying to revise the 2015 agreement that was meant to settle the issue, said Yoshiki Mine, a former official with the Japanese Foreign Ministry and now head of the Institute for Peaceful Diplomacy, a research organization.
If you've been following along this would come as no surprise. there was plenty of news out of South Korea yesterday, sending BTC to a +10% loss on the day here: South Korean regulators are to shut down more crypto exchanges · South Korea's largest cryptocurrency exchanges raided by police, tax ...

The government may put off its plan to ban English education for preschoolers due to fierce opposition from teachers and parents. The Ministry of Education told The Korea Times Wednesday that it is considering putting off the implementation of the policy until the beginning of next year. This move came ...
The Ministry did this without the consent of the Ministry of strategy and Justice and other government agencies involved in the South Korean cryptocurrency regulation task force. According to the Blue House, more than 60,000 citizens voted in a petition to fire the head of the Ministry of Justice Park Sang-ki, ...
But, shortly after the publication of several articles about the investor, the market began to question the taxation policy of South Korea and whether the $22 million return as disclosed by the investor can be taxed. The South Korean government has previously announced that bitcoin and cryptocurrency ...
While the South Korean leader said his outreach to the North would not violate United Nations sanctions, critics say his engagement approach could reduce international pressure on the Kim government and weaken the U.S., South Korean military alliance. Sex slavery. President Moon also tried to both ...
YTN, one of South Korea's largest mainstream media outlets, revealed that Bithumb, which processes more than $2.6 billion worth of cryptocurrency trades on a ... After an emergency meeting to discuss cryptocurrency regulations on December 13 was held, the South Korean government has focused on ...
Also unknown is whether the North might send government officials to South Korea to attend the events, which run from Feb. ... While the initial scope remains the Olympics, South Korean officials expressed hope in recent days that the talks might reduce tensions on the peninsula over the North's nuclear ...
The talks set to open this week between the North and South Korean governments are off to an inauspicious start: Even before negotiators could settle into their seats, the North had pocketed its first concession from the South, offering nothing in return. North Korean negotiators are practiced hands in the art ...
As in every previous encounter, South Korea will almost certainly reward North Korea's outrageous misconduct by handing over substantial sums of money, thus negating long-overdue ... But over these past four decades, South Korean governments have done practically nothing along these lines.
It is expected that all these revelations will spark further controversy and doubts about the comfort women agreement in South Korea. The term "irreversible" that was used in the agreement also became subject to questioning. The term was first suggested by the South Korean government with the intent of ...
"When discussing inter-Korean relations, the government will seek to raise the issue of war-torn families and ways to east military tensions". Mr Cho will head the five-strong South Korean delegation taking part in the talks, which are scheduled to start at 10am local time in one of the prefabricated blue huts ...
United steelworkers released the following statement as the United States and South Korea prepare to meet to discuss the renegotiation of the U.S.-Korea Free Trade Agreement (KORUS). "The USW condemns the recent anti-worker actions by the South Korean government both at home and abroad.
South Korea, for its part, agreed to make efforts to resolve the problem of a comfort woman statue set up by a private group in front of the Japanese Embassy in Seoul. The report compiled in late December by a South Korean government working group, set up by Moon last July, concluded that opinions of ...
Given that South Korea is accountable for up to a fifth of the world's cryptocurrency trade, the price of bitcoin and Ethereum both tumbled on Thursday, perhaps in reaction to the uncertainty created by the government's most recent misgivings. Bitcoin saw a 12% dip in value over 24 hours, dropping from ...
The South Korean government and local financial authorities have warned investors about the emergence of fake cryptocurrency and bitcoin exchanges. ... One of the fake exchanges was BitKRX, named after Korea Exchange (KRX), the largest financial trading platform in South Korea established by ...
South Korea will implement new regulations aimed at banning anonymous cryptocurrency exchange accounts around January 20, according to Coin Desk. While cryptocurrency investors around the globe continue to grow in number, some governments are not as enthusiastic. The South Korean ...
After welcoming Kim's address, South Korean president Moon Jae-in had asked his government earlier in the day to move as quickly as possible to bring North Korea to the Olympics. Chinese Foreign Ministry spokesman Geng Shuang said the recent positive comments from both sides about improving ...
The government has begun discussing how the Self-Defense Forces would respond to a military conflict on the Korean Peninsula, government ... clash between North and South Korean forces, a pre-emptive U.S. strike on North Korea, an invasion of South Korea by the North, and Japan being hit by a North ...
China banned all group tours to South Korea in mid-March in response to the South Korean government's decision to allow U.S. forces to deploy ... The tour ban was partially lifted in November, making them available in Beijing and Shandong Province, after South Korea and China agreed in late October to ...
Since China is reluctant to hold such a summit before the National People's Congress in March, the government of Prime Minister Shinzo Abe has conveyed its readiness to host a three-day visit to Japan by Chinese premier Li Keqiang and South Korean president Moon Jae-in from April 4 or April 9, the ...
Currently, the crew of the Lighthouse Winmore, which consists of 23 Chinese and two Myanmar nationals, remains in South Korean custody. Seoul says the crew will not be released until authorities have completed their investigation. South Korea intends to inform the UN Security Council's sanctions ...
bitcoin's tumultuous December continued this week as the South Korean government expressed concerns at the lack of regulatory control over ... Given that South Korea is accountable for up to a fifth of the world's cryptocurrency trade, the price of Bitcoin and Ethereum both tumbled on Thursday, perhaps in ...
"There are thousands of cyber-attacks in South Korea every day and most of them never get reported on the news," Kim said. "Information security is the basis of economic development." The government-funded counter-hacker training program was conceived in 2010 when North Korean hackers were ...
A South Korean soldier stands guard at the spot where a North Korean defected in Panmunjom, South Korea, on November 27. Under South Korean law, North Korean defectors can receive support from Seoul's government to resettle in the country. Korea Pool/Getty Images. After being shot and wounded ...
Seoul, South Korea -- A South Korean government-appointed panel faulted on Wednesday a "final and irreversible" deal struck with Japan in 2015 to resolve a decades-old dispute over Korean women who were forced into sexual slavery during World War II. The panel's findings offer President Moon ...
Nevertheless, in practice, large numbers of South Korean women continue to get abortions and the vast majority illegally so. The government's 2010 study estimated that more than 169,000 abortions occurred annually, but only 18,000 (or 6 percent) were legal. Moreover, on average less than 10 people ...
Such cooperation would allow South Korea to contribute to the region and is consistent with the moon Jae-in government's foreign policy. It would also advance the U.S.-South Korean alliance and give South Korea experience that could be used in future NTS crises in North Korea such as famines, natural ...
The remarks are the latest example of this administration's inexplicably disrespectful attitude toward longtime ally South Korea. ... He has also accused the South Korean government of "appeasement" in its efforts to restart diplomacy with the North, even though he himself has suggested the same thing at ...
South Korea will arm its new 'decapitation unit' with suicide drones and other weapons to assassinate Kim Jong Un. The unit was allocated $310,000 by the South Korean government on Wednesday. South Korea is reportedly discussing it openly in the hopes of scaring Kim Jong Un to the negotiating table ...
ANSAN, South Korea -- Few North Koreans have sought South Korean citizenship as long and as doggedly as Kim Seok-cheol. .... Uriminzokkiri, a North Korean government-run website, carried an article attacking Jung Gwang-il, a North Korean defector who leads No Chain, a North Korean human rights ...
South Korea was the only OECD member state among the 17 territories on the list. There is no denying that this is an international disgrace. While there are many questionable aspects of the EU's decision, what is even more stupefying is the pathetic diplomatic efforts of the South Korean government, which ...
According to a report by Chosun, a leading mainstream news publication in South Korea, the South Korean government is planning to allow initial coin ... But, the South Korean government has changed its stance over the past few weeks, primarily due to the rapid rise in demand for bitcoin and other ...
Regulators in South Korea have reportedly banned the trade of futures contracts and other derivatives tied to bitcoin. According to a Dec. 6 report from the Korea Herald, directives from the country's Financial Services Commission led securities firms such as eBest Investment & Securities and Shinhan ...
The South Korean government is under fire, however, for having done little to address the EU's announcement early this year that South Korea would be included on the tax haven blacklist. During negotiations with the EU, countries including Switzerland, Turkey and Hong Kong avoided inclusion on the list ...


 

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