Bitcoin News / Bitcoinist - 2 months ago
Cryptocurrency firms in South Korea would have some breathing room before they start paying capital gains tax as the government decided to delay its implementation by two years.
South Korean legislators agreed not to impose the crypto taxation policy...
Bitcoin News / Bitcoinist - 2 months ago
A cryptocurrency platform based in South Korea has gone into bankruptcy as declared by a local court after its customers can no longer withdraw their virtual funds worth $1.75 billion.
The unfortunate circumstances faced by Delio serve as a reminder...
Bitcoin News / Bitcoinist - 3 months ago
South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation.
The stolen cryptocurrency, valued at 58 billion won (approximatel...
Bitcoin News / Bitcoinist - 3 months ago
The Financial Supervisory Service of South Korea (FSS) has once again reaffirmed its prohibition on Bitcoin spot as well as futures Exchange Traded Funds (ETFs) which has drawn criticism from industry participants and legal practitioners.
This is pa...
Bitcoin News / Bitcoinist - 3 months ago
Upbit, the leading crypto exchange in South Korea, is being investigated by the country’s financial authorities over an alleged violation of Know-Your-Client (KYC) procedures. The probe comes amid the exchange’s license renewal process and a potentia...
Bitcoin News / Bitcoin.com - 3 months ago
Although bitcoin dipped below $70,000 earlier this week, South Korean markets still show a notable premium. On Oct. 24, the premium climbed as high as 2.21%, with today’s rate only slightly lower. South Korea’s Bitcoin Premium Bounces B...
Bitcoin News / Google News Bitcoin - 3 months ago
Bitcoin Premium in South Korea Rises: A Bullish Signal or Just Regional Dynamics? – Market Updates Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoinist - 3 months ago
South Korean authorities announced their plan to fully regulate cross-border crypto transactions by the end of 2025 to combat a “blind spot” enabling tax evasion by foreign exchanges.
Koran Authorities To Regulate Cross-Border Crypto Transactions
Ac...
Cryptocoins News / Finance Magnates - 3 months ago
The South Korean government plans to regulate cross-border transactions of virtual assets, such as cryptocurrencies, The Korea Times reported. The proposed regulation will introduce new registration and reporting requirements for involved parties fro...
Bitcoin News / Bitcoin.com - 4 months ago
South Korea is forming a 15-member public-private committee to address issues in the virtual asset market and explore cryptocurrency legislation. The committee will include government officials and representatives from the legal profession, academia,...
Bitcoin News / Bitcoinist - 4 months ago
South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs).
This comes after forming a new cr...
Bitcoin News / Bitcoin.com - 4 months ago
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cry...