Browsing Tag
South Korea
20 posts
33 Arrested for $1.5 billion Illegal Bitcoin Transaction in South Korea
Authorities in South Korea have apprehended 33 suspects who had illegally transacted as much as $1.5 billion in…
Bithumb Bans Employees From Trading on Platform
Bithumb, a South Korean cryptocurrency exchange, has barred its employees from trading on the platform. The move is…
South Korea Stops Crypto Exchanges From Handling Coins Issued by Themselves
The wave of intensifying scrutiny for cryptocurrency exchanges in South Korea is spreading to exchange tokens as well.…
South Korea New Crypto Rules Target Exchange Employees
South Korea has been unrelenting in its attempts to regulate the crypto market. The latest report indicates that…
South Korean Exchanges Record 40% Increase in Bank Account Flows
Amidst the unprecedented growth of the crypto market, digital assets trading platforms in South Korea have recorded a…
South Korea’s Crypto Scams Surge to $5 Billion
Law enforcement agencies have arrested more than 24 people over a cryptocurrency fraud case involving more than 60…
South Korea Central Bank Set to Test CBDC
The Bank of South Korea has announced intentions to set a mock test run for its Central Bank…
South Korea’s Politician Publicly Reveals Crypto Investments
Won Hee-ryong, the governor of Jeju Island, South Korea, has publicly revealed that he has heavily invested in…
South Korean Law Enforcement Raids Local Crypto Exchange
The office of the popular local cryptocurrency exchange in South Korea identified by media outlets as VGlobal was…
Crypto Miners Likely to Benefit From South Korea’s new Digital Tax Regime
As South Korea nears a commencement of the new tax regime on crypto profits, experts suggest that the…