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News
South Korea Seeks Crypto Exchange Data from Banks
2021-05-06T13:47:08.000+02:00
The regulators are trying to identify all crypto exchanges operating in the country.
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South Korean Crypto Exchange Daybit to Shutter, Cites Harsh Laws
2021-04-26T12:53:45.000+02:00
Many local crypto operations in the country are on the verge of shutting down.
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South Korean Government Seizes Crypto Holdings of Tax Evaders
2021-04-23T13:55:39.000+02:00
The city government has seized $22 million in digital currencies.
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South Korea to Launch Crackdown on Illegal Cryptocurrency Transactions
2021-04-19T10:03:48.000+02:00
The authorities are planning to eliminate the use of cryptocurrencies in money laundering.
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News
OKEx Korea to Shutter Due to Regulations, Business Difficulties
2021-03-23T12:49:28.000+02:00
The exchange will cease operations from April 7.
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Crypto Beats Stock Trading in South Korea
2021-03-15T12:55:17.000+02:00
The total trading volume on South Korea’s crypto exchanges jumped above $14.5 billion on Sunday.
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Shinhan Bank Builds CBDC System with LG CNS Partnership
2021-03-10T15:19:09.000+02:00
The system will allow individuals to utilize the issued CBDCs in various ways.
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Regulation
South Korea to Impose Heavy Penalty on Cryptocurrency Violations
2021-03-10T15:06:39.000+02:00
The financial regulator will impose a fine on digital exchanges for failure to report suspicious crypto transactions.
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Thought Leaders
ParagonEX Dynamic Signs an Exclusive Partnership in South Korea
2021-03-10T10:00:50.000+02:00
This new collaboration aims to present new, innovative, easy-to-use products and services to its customers.
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South Korean Crypto Exchange Opens Local Branch in China
2021-02-10T15:13:09.000+02:00
The local branch will start operating from next month.
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South Korean Conglomerate Hanwha Buys $52 Million Stake in Upbit
2021-02-03T14:03:43.000+02:00
The minority ownership will be transferred on February 22.
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Bithumb Acquisition: Vidente Debunks Claims on Nexon Partnership
2021-01-08T13:59:15.000+02:00
Nexon reportedly partnered with Vidente to buy majority stakes in the crypto exchange.
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News
South Korea’s Hashed Raises $120 Million for Crypto Venture Fund
2020-12-28T13:19:32.000+02:00
The group already backs many prominent projects like Klaytn, Link and ICON.
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Seoul Police Indicted Coinbit Executives for Market Manipulation
2020-12-09T08:47:24.000+02:00
99 percent of the trading volume on the local exchange are allegedly fake.
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South Korea Plans to Delay Crypto Income Tax Rule
2020-11-25T09:40:22.000+02:00
Korea's National Assembly proposed a delay in the crypto tax rule to push the implementation to January 2022.
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Bilal Jafar
Regulation
South Korea Will Ban Domestic Circulation of Privacy Coins
2020-11-04T11:54:41.000+02:00
The new law will come into effect in March 2021.
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News
Korean Police Summon Bithumb Chairman for Fraud Investigation
2020-09-18T12:34:10.000+02:00
The exchange was raided three times earlier this month.
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Crackdown? South Korean Police Seize Bithumb
2020-09-02T14:15:59.000+02:00
The exchange allegedly committed fraud by issuing its native BXA tokens.
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Korean Police Seize Coinbit for Massive Crypto Wash Trading
2020-08-26T14:37:08.000+02:00
The exchange generated an income of $85 million from market manipulation.
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South Korea's Largest Bank to Offer Digital Assets Custody Services
2020-08-10T10:55:20.000+02:00
The news follows the recent announcement by the United States OCC that US banks can begin offering crypto custody services.
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News
South Korea to Charge 20% on Crypto Gains Under New Tax Law
2020-07-22T10:53:23.000+02:00
The new law will come into effect from October 1, 2021.
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Bithumb Plans to Go Public in South Korea: Report
2020-06-24T13:43:49.000+02:00
The company’s attempt to publicly list its shares on a US exchange failed last year.
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South Korea Appoints Legal Advisory to Study CBDC
2020-06-15T14:03:30.000+02:00
Bank of Korea also launched a pilot program to test CBDC.
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Analysis
Retail Forex Industry Analysis: Traders Active Like Never Before
2020-04-20T11:43:06.000+02:00
Latest data reveals the growing activity of traders in many fields
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News
Bithumb Reports $30.5 Million in Profit for 2019
2020-04-15T14:33:42.000+02:00
The exchange underwent various changes including restructuring of its business and fees.
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