2019-4-12 14:22 |
Bithumb’s latest hack has been followed by a full audit to restore user confidence
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South Korea’s National Tax Service is seeking to select a private custody provider to handle seized crypto assets after a security lapse resulted in private keys being exposed and assets being transferred by unauthorized entities. The National Tax Service has…
Some South Korean lawmakers are pushing back against the ruling party’s plan to levy a 22% tax on cryptocurrencies. A bill introduced by the right-wing People Power Party on Thursday seeks to amend the Income Tax Act and fully abolish…
Crypto.com has partnered with KG Inicis to introduce crypto payment options for foreign tourists visiting South Korea. The two companies plan to roll out Crypto.com Pay across KG Inicis’ merchant network, according to a March 17 press release. The integration…
South Korea’s National Police Agency has introduced new guidelines for handling seized cryptocurrencies after multiple security lapses. The KNPA has drafted a directive outlining compliance requirements across multiple stages of crypto seizure, storage, and management, local media outlet Asiae reported…
Crypto exchange Bithumb will have to pay a fine of 36.8 billion won, about $24.5 million, after it was found to be in violation of South Korea’s Anti-Money Laundering rules. According to a local media report, South Korea’s Financial Intelligence…
Bitcoin Magazine South Korea Fines Bithumb $24M, Imposes 6-Month Partial Suspension Over AML Violations South Korea has fined Bithumb $24. 6M, suspending new-user services for six months over AML violations.
Flow Foundation and Dapper Labs have filed a motion with the Seoul Central District Court to suspend the termination of trading support on major South Korean exchanges for the Flow blockchain’s native FLOW token. According to a March 8 announcement,…