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Seoul Are Planning a Crypto Raid: Is South Korea Crypto SAFU?

South Korea crypto enforcers are preparing one of the strictest investor-protection regimes in the World, drafting legislation that would force exchanges to fully compensate users for losses from hacks or system failures without requiring proof of negligence. This really throws a wrench in my plans of making just enough money passively to hop between Seoul … Read more

Gold-adorned brownies, gold medal crowns: Seoul turns up the pomp to impress Trump, and it seems to be working

The United States and South Korea advanced trade talks on Wednesday, addressing details of $350 billion that would be invested in the American economy, after negotiations and ceremonies that included the presentation of a gold medal and crown to President Donald Trump. Both were gifts from the country’s president, Lee Jae Myung, who dialed up … Read more

Seoul weighs approval for Google, Apple high-resolution map requests

South Korea is nearing a decision on whether to allow Google and Apple to export high-resolution geographic map data to servers outside the country. The detailed maps, which use a 1:5,000 scale, would show streets, buildings, and alleyways in far greater detail than currently available on these platforms. However, several regulatory and security hurdles remain … Read more

Seoul city government asks Temu, AliExpress to stop selling children’s products that exceed limits on hazardous substances

The Seoul city government has asked online retail giants Temu and AliExpress to suspend sales of certain children’s products over safety concerns, saying Friday that some goods far exceeded local limits for hazardous substances. Chinese e-commerce titans like Shein, Temu and AliExpress have seen a surge in global popularity in recent years, drawing in consumers … Read more

Yoon supporters storm Seoul courthouse after judge extends detention

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Supporters of South Korea’s suspended president stormed a Seoul courthouse early on Sunday morning after a judge extended Yoon Suk Yeol’s detention on charges of insurrection and abuse of power. More than 40,000 people had … Read more

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