Browsing Tag
South Korea
72 posts
South Korea Recovers $4.6 Million from Crypto Tax Evaders
South Korea’s Gyeonggi Province has made significant strides in reclaiming funds from crypto tax evaders, amounting to $4.6…
South Korea Reaffirms Crypto Ban Amid US Bitcoin ETF Approval
Amid a landmark development for the market, South Korea has reaffirmed its crypto ban amid the US spot…
South Korea Officials Set to Reveal Crypto Holdings Starting 2024
In a bid to enhance transparency, South Korea is preparing to reveal the crypto and other asset holdings…
South Korea’s Massive CBDC Trial: 100,000 Citizens Invited
In a pioneering move, South Korea’s central bank, the Bank of Korea (BOK), has revealed its comprehensive plans…
Upbit Faced Nearly 160,000 Hacking Attempts in First Half of 2023
South Korean crypto exchange Upbit was the target of close to 160,000 hacking attempts in the first six…
Crypto: 50% Users Invest To Improve Living Standards
The crypto industry has experienced substantial expansion over the years, characterized by significant increases in both value and…
South Korea’s Busan to Launch Digital Asset Exchange With a Twist
Busan, South Korea’s second-largest city, is currently in the midst of establishing a public blockchain network. The city…
South Koreans Stash 130.8 Trillion KRW in Overseas Crypto Holdings
In a recent announcement, South Korea’s National Tax Service [NTS] revealed that 1,432 individuals and companies have disclosed…
South Korea Looks to Freeze North Korea Crypto Use in New Bill
South Korea is officially crafting a new bill that is looking to freeze North Korean crypto use. Indeed,…
South Korea Enforces $2.3 Million Reserve Rule for Crypto Exchanges
After experiencing a series of challenges in 2022, South Korea opted to enhance its role in overseeing the…