Posts tagged as Korea

Photo exhibition unveils beauty of Latvia’s amber stones in Korea

Monday, January 20, 2020

The Embassy of Latvia in Korea, jointly with the Soorim Cultural Foundation, is hosting an exhibition of photos of amber, the fossilized tree resin that has served as a natural cultural symbol of Latvia. The exhibition, titled “The Secrets of Amber,” is taking place at the foundation in Dongdaemun-gu, central Seoul, through Jan. 31. It features the works of Latvian photographer Andris Zegners who, using microphotography, reveals what is inside…

S. Korea proposes UN probe over Japanese sanctions claims

Friday, July 12, 2019

South Korea said Friday it wants an investigation by the United Nations or another international body as it continues to reject Japanese claims that Seoul could not be trusted to faithfully implement sanctions against North Korea. Kim You-geun, deputy director of South Korea’s presidential national security office, said South Korea has been thoroughly implementing U.N. sanctions against North Korea over its nuclear weapons program. He demanded that Japan provide evidence…

Korea Will Regulate Cryptocurrency Exchanges Like Commercial Banks, Legitimizing Industry

Tuesday, June 12, 2018

The Korea Financial Intelligence Unit (KFIU) and other local financial agencies will regulate cryptocurrency exchanges like banks, imposing strict anti-money laundering (AML) policies to ensure criminals do not utilize cryptocurrencies to finance illicit operations. Similar to Japan During the Policy Advisory Council meeting held on June 8, KFIU director Kim Geun-ik led an extensive discussion on existing money laundering and terrorist financing prevention regulations and proposed stricter policies for both…

US and North Korea expectations over denuclearization appear to collide

Tuesday, April 24, 2018

US and North Korean expectations for a summit between Donald Trump and Kim Jong-un appear set on a collision course after the North Korean leader pledged to keep his country’s nuclear arsenal for generations. Over the weekend, Trump celebrated the North Korean announcement that it would suspend nuclear and intercontinental ballistic missile (ICBM) testing, closing down its nuclear test site, as a big diplomatic victory. “Wow, we haven’t given up…