Tag: #Southkorea
Crypto Scams
South Korea Sees Spike in Suspicious Crypto Transactions
South Korea records a steep increase in suspicious crypto transactions with the increase in the use of virtual assets. There is an increase in...
Regulations
South Korea Launches Digital Asset Committee for Crypto Policy
South Korea’s Democratic Party launches Digital Asset Committee.
The committee focuses on crypto regulation and innovation.
Major exchanges like Upbit, Bithumb join discussions.A...
Blogs
South Korea Cracks Down as 14 Crypto Apps Banned
To deter unlawful activities, South Korea has prohibited 14 unregistered cryptocurrency Exchanges.Move follows Google Play’s block, aims to protect users, fight crime.The South Korean...
Bitcoin News
South Korea Rejects Bitcoin Reserves Over Volatility Concerns
Story HighlightsOfficials rejected Bitcoin as a foreign reserve due to concerns about its volatility and liquidity.
The political push for crypto reserves continues,...
News
South Korea Moves to Boost Institutional Crypto Transactions
South Korea FSC expands institutional crypto access, allowing universities and charities to sell donations while enforcing stricter regulations for security and transparency.South Korea’s Financial...
Market News
South Korean City Plans Crypto Seizure for Tax Evaders
South Korea has established a crypto seizure system to trace down and confiscate digital assets from tax evaders.
Authorities discovered 361 high-income tax...
Exchange News
Upbit Under Fire Amid FIU Disciplinary Hearing
On January 21, South Korea's FIU will review Upbit's KYC violations.
South Korea increases crypto rules, focusing on KYC and client safety.South Korea's...
Crypto Mining
South Korea Delays Corporate Crypto Investment Ban Until 2025
South Korea postpones business cryptocurrency investment decision until 2025.
FSC will host meetings in January to examine future crypto policy changes.South Korea's FSC...
Crypto Scams
South Korea Targets North Korean Hackers With Sanctions
North Korean hackers stole $1.3B in crypto, which is 61% of all global thefts.South Korea criticizes North Korea's cyber operations, linking them...
Bitcoin News
South Korea Halts Bitcoin Reserve Plans Temporarily
South Korea postpones plans to establish a Bitcoin reserve in favor of market integration.
A new 20% tax on crypto revenues is expected...
Blockchain Technology
Paju City Targets Crypto Assets for Tax Collection
Paju plans to seize crypto from tax evaders by the November deadline.
Governments step up efforts to control cryptocurrency amid tax concerns.Paju city...
Market News
South Korea Police Arrest 215 in $232M Crypto Scam
A South Korean influencer scammed more than 15,000 people out of $232M.
Authorities caught 215 people, including the YouTuber who fled to Australia.South...
