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News
South Korea Seeks Crypto Exchange Data from Banks
The regulators are trying to identify all crypto exchanges operating in the country.
Thursday, 06/05/2021 | 11:47 GMT
by
Arnab Shome
News
South Korean Crypto Exchange Daybit to Shutter, Cites Harsh Laws
Many local crypto operations in the country are on the verge of shutting down.
Monday, 26/04/2021 | 10:53 GMT
by
Arnab Shome
News
South Korean Government Seizes Crypto Holdings of Tax Evaders
The city government has seized $22 million in digital currencies.
Friday, 23/04/2021 | 11:55 GMT
by
Arnab Shome
News
South Korea to Launch Crackdown on Illegal Cryptocurrency Transactions
The authorities are planning to eliminate the use of cryptocurrencies in money laundering.
Monday, 19/04/2021 | 08:03 GMT
by
Bilal Jafar
News
OKEx Korea to Shutter Due to Regulations, Business Difficulties
The exchange will cease operations from April 7.
Tuesday, 23/03/2021 | 10:49 GMT
by
Arnab Shome
News
Crypto Beats Stock Trading in South Korea
The total trading volume on South Korea’s crypto exchanges jumped above $14.5 billion on Sunday.
Monday, 15/03/2021 | 10:55 GMT
by
Bilal Jafar
News
Shinhan Bank Builds CBDC System with LG CNS Partnership
The system will allow individuals to utilize the issued CBDCs in various ways.
Wednesday, 10/03/2021 | 13:19 GMT
by
Arnab Shome
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Regulation
South Korea to Impose Heavy Penalty on Cryptocurrency Violations
The financial regulator will impose a fine on digital exchanges for failure to report suspicious crypto transactions.
Wednesday, 10/03/2021 | 13:06 GMT
by
Bilal Jafar
Thought Leaders
ParagonEX Dynamic Signs an Exclusive Partnership in South Korea
This new collaboration aims to present new, innovative, easy-to-use products and services to its customers.
Wednesday, 10/03/2021 | 08:00 GMT
by
Finance Magnates Staff
News
South Korean Crypto Exchange Opens Local Branch in China
The local branch will start operating from next month.
Wednesday, 10/02/2021 | 13:13 GMT
by
Arnab Shome
News
South Korean Conglomerate Hanwha Buys $52 Million Stake in Upbit
The minority ownership will be transferred on February 22.
Wednesday, 03/02/2021 | 12:03 GMT
by
Arnab Shome
News
Bithumb Acquisition: Vidente Debunks Claims on Nexon Partnership
Nexon reportedly partnered with Vidente to buy majority stakes in the crypto exchange.
Friday, 08/01/2021 | 11:59 GMT
by
Arnab Shome
News
South Korea’s Hashed Raises $120 Million for Crypto Venture Fund
The group already backs many prominent projects like Klaytn, Link and ICON.
Monday, 28/12/2020 | 11:19 GMT
by
Arnab Shome
News
Seoul Police Indicted Coinbit Executives for Market Manipulation
99 percent of the trading volume on the local exchange are allegedly fake.
Wednesday, 09/12/2020 | 06:47 GMT
by
Arnab Shome
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News
South Korea Plans to Delay Crypto Income Tax Rule
Korea's National Assembly proposed a delay in the crypto tax rule to push the implementation to January 2022.
Wednesday, 25/11/2020 | 07:40 GMT
by
Bilal Jafar
Regulation
South Korea Will Ban Domestic Circulation of Privacy Coins
The new law will come into effect in March 2021.
Wednesday, 04/11/2020 | 09:54 GMT
by
Arnab Shome
News
Korean Police Summon Bithumb Chairman for Fraud Investigation
The exchange was raided three times earlier this month.
Friday, 18/09/2020 | 10:34 GMT
by
Arnab Shome
News
Crackdown? South Korean Police Seize Bithumb
The exchange allegedly committed fraud by issuing its native BXA tokens.
Wednesday, 02/09/2020 | 12:15 GMT
by
Arnab Shome
News
Korean Police Seize Coinbit for Massive Crypto Wash Trading
The exchange generated an income of $85 million from market manipulation.
Wednesday, 26/08/2020 | 12:37 GMT
by
Arnab Shome
News
South Korea's Largest Bank to Offer Digital Assets Custody Services
The news follows the recent announcement by the United States OCC that US banks can begin offering crypto custody services.
Monday, 10/08/2020 | 08:55 GMT
by
Rachel McIntosh
News
South Korea to Charge 20% on Crypto Gains Under New Tax Law
The new law will come into effect from October 1, 2021.
Wednesday, 22/07/2020 | 08:53 GMT
by
Arnab Shome
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News
Bithumb Plans to Go Public in South Korea: Report
The company’s attempt to publicly list its shares on a US exchange failed last year.
Wednesday, 24/06/2020 | 11:43 GMT
by
Arnab Shome
News
South Korea Appoints Legal Advisory to Study CBDC
Bank of Korea also launched a pilot program to test CBDC.
Monday, 15/06/2020 | 12:03 GMT
by
Arnab Shome
Analysis
Retail Forex Industry Analysis: Traders Active Like Never Before
Latest data reveals the growing activity of traders in many fields
Monday, 20/04/2020 | 09:43 GMT
by
Sylwester Majewski
News
Bithumb Reports $30.5 Million in Profit for 2019
The exchange underwent various changes including restructuring of its business and fees.
Wednesday, 15/04/2020 | 12:33 GMT
by
Arnab Shome
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