Browsing Tag
South Korea
78 posts
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…
South Korea: Cheongju to Seize Crypto From Tax Evaders
Regulators from Cheongju, South Korea, are looking to confiscate crypto assets from local tax evaders. Yonhap’s report revealed…
Japan: Crypto Volume Up 60%, Top Firm to Unveil Metaverse Project
Traders and investors from South East Asian countries have been actively participating in the crypto market. On Japanese…
South Korea: Top Banks Explore CBDC, Stablecoin Alternative
South Korean banks have been exploring alternatives for stablecoins and CBDCs. Certificate of Deposits or CDs have managed…
South Korea Issues New Crypto Accounting Rules
The global crypto regulatory landscape has seen several amendments unfurl over the past few months. A host of…