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Nalezeno "South Korean Crypto": 180

How a South Korean Crypto Firm Became a Global Face Mask Exporter

4.8.2020
A “medium-sized” South Korean crypto firm that built a facial mask factory as a response to the coronavirus pandemic has doubled down on its new line of business – and has won Amazon approval to start exporting its personal protective equipment to “Europe and the United States,” as well as approval...

Angry South Korean Crypto Traders Threaten to Quit over New 20% Tax

25.7.2020
Active crypto traders in South Korea said they are prepared to walk away from the scene forever – slamming “unfair” 20% crypto trading tax law proposals unveiled by the government earlier this week. It is a sign, perhaps, of what traders in other nations will have to deal with in the near future...

South Korean Crypto Tax Plans to Be Unveiled this Wednesday

21.7.2020
The South Korean government is reportedly set to unveil further details about its plans to introduce tax for cryptoasset holders. Per an unsourced report by SBS CNBC, Seoul will unveil a document outlining its proposals in a Tax Law Amendment bill – to be unveiled on July 22. The bill will seek...

South Korean Crypto Exchange Bithumb Hoping to Launch IPO

24.6.2020
The world of cryptocurrencies in South Korea could be set for a major shake-up with leading cryptocurrency exchange Bithumb hoping to launch an initial public offering (IPO). Per Money Today, Bithumb has already selected Samsung Securities as its host and has “begun work” on the IPO preparation...

South Korean Crypto Tax Reports, Canada's CBDC + More News

17.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news South Korea’s deputy prime minister and finance ministry chief Hong Nam-ki has confirmed the reports about...

South Korean Crypto Exchange Is First to List Kakao’s Token

6.6.2020
Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs

South Korean Crypto Tax ‘Coming Next Year for Traders, Miners & ICOs’

27.5.2020
South Korean ministries have pledged to impose tax on cryptocurrency trading and crypto mining “from next year.” Per reports from E Daily and Decenter, the Ministry of Economy and Finance is preparing to make an amendment to the existing Income Tax Act that will include clauses about taxing...

Major South Korean Crypto Exchanges Help Police In Child Porn Investigation

26.3.2020
South Korean police are reportedly working jointly with local crypto exchanges in the “nth rooms” child porn case

South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks

19.3.2020
South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor. Although many industry players have been galvanized by it, others have warned that its stipulations – which...

New South Korean Crypto Law May ‘Force 190 Exchanges to Close’

12.3.2020
While much of the South Korean crypto community is still celebrating the introduction of the country’s first-ever piece of crypto-specific legislation, others are warning that the overwhelming majority of crypto exchanges will likely go under once the new laws’ banking stipulations come into...

‘Mass South Korean Crypto Closures’ to Follow if Legislation Delayed

27.2.2020
South Korean cryptocurrency industry insiders are warning that the country’s failure to introduce crypto laws could be cataclysmic, with “mass bankruptcies” likely. As Cryptonews.com reported yesterday, the South Korean National Assembly’s schedule has been thrown into turmoil by an outbreak of...

New Law May Kill Smaller South Korean Crypto Exchanges + More News

28.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Smaller South Korean exchanges could be forced to close if the government pushes ahead with plans to impose tighter...

Constitutional Court to Rule on Legality of South Korean Crypto Ban

14.1.2020
South Korea’s Constitutional Court is set to pass judgment on the legality of measures taken by the country’s government during its partial crypto crackdown of late 2017 to 2018. Seoul intervened with a series of emergency measures during the late 2017 bull run, which saw a massive spate of South...

South Korean Crypto YouTuber’s Attacker Flees to Australia + More News

13.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crime news There have been further developments in the case of a South Korean cryptocurrency YouTuber who was left badly injured...

Major South Korean Crypto Exchange Bithumb Launches R&D Center

7.1.2020
Bithumb, a major South Korean crypto exchange, is launching its own R&D center for cryptocurrencies and blockchain technology

8 South Korean Crypto Exchange Execs Jailed in USD 386m Fraud Wrap

12.11.2019
Source: iStock/st_lux A court in South Korea has jailed the head of cryptocurrency exchange Coinup for 16 years, after convicting him of fraud. Eight other executives from the exchange were also given jail time, with the company’s vice president given an 11-year prison term. The Seoul court ruled...

Prixbit, South Korean Crypto Exchange has Ceased Its Operations over Financial Crisis

22.8.2019
Prixbit, the South Korean cryptocurrency exchange has declared the ending of its services related to crypto. Prixbit, which had closed its operations as of 9th August, has failed to control its financial challenges and suspended its cryptocurrency trading operations. Several investors have...