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Nalezeno "South Korea": 1704

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...

Bitcoin.com Partners With Busan International Film Festival as Major Sponsor

1.10.2023
Bitcoin.com, one of the world’s leading cryptocurrency wallet developers and news portals, has partnered with the Busan International Film Festival as a major sponsor. The Busan International Film Festival (BIFF), held annually in South Korea, is one of the most significant film festivals...

S Korean Crypto Exchange Exec Jailed for Coin Price Manipulation

27.9.2023
A South Korean court has jailed a former senior executive of the crypto trading platform Coinone for taking bribes in exchange for listing altcoins. The Seoul Southern District Court sentenced an individual surnamed Jeon (age 41) to four years in prison, Newsis reported. Jeon was the former...

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...

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