Tag: #Southkorea

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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 Highlights Officials 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...
Exchange News

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...

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