Tag: #Southkorea

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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...

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...

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...

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...

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...

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...

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...

Bithumb Aims for US Market Listing as Next Milestone

In 2025, Bithumb aims to go worldwide by listing on the Nasdaq. To win back investor faith, the exchange effortlessly overcomes previous regulatory...