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Nalezeno "South Korean": 1023

South Korean Overseas Crypto Holding Figures 'May Be Inflated': Report

3.10.2023
The research division of the South Korean crypto exchange Korbit revealed that the amount of overseas digital assets reported by domestic corporations and individuals to the National Tax Service, “may be inflated.” The significant value of the reported amount is probably pumped up during...

South Korean Court Jails Septuagenarian Bitcoin Fraudster

2.10.2023
A South Korean court has handed a 70-year-old man a jail sentence after finding him guilty of Bitcoin (BTC)-powered fraud. Kyeonggi Ilbo reported that the unnamed man, identified only by the initial A, was given a one-year prison term for enabling “telecommunications-related financial...

South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets

23.9.2023
South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app. The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form...

Best Crypto to Buy Now September 21 – ImmutableX, Algorand, Aave

21.9.2023
Intrigue is swirling after X's inaugural Client Council event provided insight into the platform's ambitions to evolve into "The Everything App," with many in crypto circles dissecting hints about potential peer-to-peer payment options. While details remain scarce, the event spotlighted X's vision...

South Koreans Report Over $98 Billion in Overseas Crypto Assets

21.9.2023
South Korean tax payers have declared some 131 trillion won (more than $98 billion) of crypto holdings in overseas accounts this year. The amount was announced by the country’s tax agency and it comes after the authorities in Seoul imposed a mandatory reporting requirement for financial assets held...

70% of South Korean Reported Foreign Assets Are Crypto- Here’s More

20.9.2023
South Korea’s crypto adoption grows as authorities disclosed that 70% of the nation’s reported overseas assets are cryptocurrencies. On Sept 20, The country’s National Tax Service (NTS) in an official release stated that 5,419 business and individuals reported their financial accounts with...

South Korean Regulators Eye OTC Crypto Regulation

18.9.2023
South Korean regulators look set to turn their attention to the over-the-counter (OTC) crypto market, with indications regulation could be on its way. The nation has moved to shore up its regulatory system this year in the wake of the so-called “Terra-Luna scandal,” which left thousands...

That Gothic Pinocchio Soulslike Has A Pretty Neat Weapon Durability Mechanic

15.9.2023
Look, if you ask me, weapon durability is some bullshit. It’s ostensibly meant to encourage experimentation, but its implementation in games like Dead Island 2 and The Legend of Zelda: Tears Of The Kingdom does more to create headaches than to inspire some extemporaneous testing of a variety...

South Korea Seeks to Freeze North’s Crypto Assets Under New Law

6.9.2023
The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective...

South Korean Prosecutors Seek Arrest Warrants for Golf Star & Bithumb Exec

31.8.2023
South Korean prosecutors have asked a court to arrest an ex-pro golfer and a top executive at Bithumb, one of the country’s leading crypto exchanges. YTN reported that the Seoul Southern District Prosecutors’ Office’s Financial Investigation Department wants to try golfer Ahn Seong-hyun and...

Authorities order South Korean crypto platforms to maintain reserves

28.8.2023
Crypto exchange platforms in South Korea have been instructed by relevant authorities to maintain reserves with Korean banks. This pertains to the intention of the government to protect those who are venturing out on the path to build a portfolio with digital tokens. Per the instructions, crypto...

South Korean Central Bank Set to Unveil CBDC ‘Blueprint’ Next Month

25.8.2023
The South Korean central bank, the Bank of Korea (BOK), is set to showcase a “blueprint” for its CBDC in September as the nation looks to speed up the progress of its digital KRW. Per Fn News and the Byline Network, the BOK has “successfully completed” a CBDC interoperability-focused pilot...

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