Tag: south-korea

Nov 30 2021

South Korea to Delay Crypto Tax until 2023

The South Korean National Assembly will vote on the amendment on December 2.

Nov 15 2021

South Korean Financial Subcommittee Discusses Delay of Crypto Tax Law

A local media outlet noted that all the parties involved had heated discussions in the meeting about the matter.

Nov 04 2021

A Man Tried to Set Himself on Fire at Upbit Offices in South Korea

The unnamed South Korean individual was taken into custody by the police and charged with attempted arson.

Oct 29 2021

K-Pop Band BTS’ Management Agency Denies Ties with Army Coin

Army Coin's price surged by over 5,000% when it was launched on Wednesday.

Oct 25 2021

Oct 08 2021

Politician: South Korean Tax Authority Unprepared to Collect Crypto Taxes

The opposition lawmaker says the NTS isn't even clear on their definition of non-fungible tokens.

Sep 27 2021

South Korea Could Delay Crypto Tax Law after Consensus from Ruling Party

The Ministry of Economy and Finance could challenge the move made by the Democratic Party of Korea.

Sep 22 2021

Most South Koreans Support the Government to Tax Cryptocurrencies

The survey found that just 33% of the participants opposed the crypto tax law.

Sep 03 2021

Bithumb Bans Foreigners Who Failed Mobile Phone Verification

The exchange is aligning its services with the requirements of the local authorities.

Aug 31 2021

New South Korean Regulator Chief Calls to Not Delay Discussions on Cryptos

Koh Seung-beom was confirmed as the new FSC chairman last week in a hearing at the National Assembly.

Aug 26 2021

South Korea to Establish a Crypto-Focused Bureau amid Regulatory Tussles

The KFIU will also set up a "Policy Management Planning Division" as part of the brand-new bureau launch.

Aug 25 2021

South Korea’s FSC Nominee Believes Cryptos Could Not Work as Currencies

The top nominee to lead the South Korean financial watchdog doesn't see it feasible to recognize cryptos as financial assets.

Aug 23 2021

Crypto Exchange Upbit Registers with South Korean FIU

Only four local crypto exchanges have mandatory banking deals to maintain real-name client accounts.

Aug 17 2021

South Korean Teacher Threatens Student With a Knife After Losing Bitcoins

The unnamed 48-year-old teacher of a private academy even threatened the student to sue him for losing the investment.

Overseas Crypto Exchanges Are Refraining From Doing Business in South Korea

A US-based cryptocurrency exchange has announced that it will stop offering services to South Koreans.

Aug 13 2021

Binance Terminates Services in Malaysia, South Korea

The Malaysian regulator earlier ordered the exchange to exit the country within two weeks.

Aug 11 2021

Crypto Exchange Korbit Re-opens Offline Customer Center in Seoul

Korbit opened its customer service offices in April 2018 but had to close them in January 2019.

Jul 07 2021

South Korea Investigates 33 People for Illicit Crypto-Related Transfers

The Seoul Customs Office noted that four of them are still under investigation and will be soon prosecuted or fined.

Jul 05 2021

South Korea’s FSC Could Join Other Regulators Stance towards Binance

The crypto exchange is also required to register its business under the new rulings imposed by the South Korean watchdog.

Jun 28 2021

Korean Banks Hostile against Crypto Exchanges with ‘Too Many’ Listings

Several crypto exchanges recently dropped low-volume tokens and issued warnings against dozens.

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