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South Korea Delays Crypto Tax Until 2025
South Korean authorities have yet again postponed imposing crypto tax until 2025, mentioned in the official announcement. This new proposal aligns with the new President Yoon Suk-yeol’s view, which is of the opinion that crypto taxation is secondary. дальше »
2022-7-23 07:00 | |
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Henry Chang: The Most Dedicated CEO in South Korea, Leads Wemade to New Heights
Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2. 67 million (KRW 3,5 billion) and did not sell a single share. дальше »
2022-7-20 14:14 | |
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Harmony, North Korea, Lazarus - A Q worth $100M
The Horizon hack has taken a new twist after the latest post-mortem report. The $100 million theft was initially observed on 24 June but after careful analysis, new developments have emerged. From UniThe post Harmony, North Korea, Lazarus - A Q worth $100M appeared first on AMBCrypto. дальше »
2022-6-30 18:30 | |
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S. Korea Terra Investigation Moves to Bar Employees From Leaving Country; New Lawsuit Targets VC Backers
Recent reports have confirmed that South Korea has blocked Terra Labs' current and former employees from leaving the country. The post S. Korea Terra Investigation Moves to Bar Employees From Leaving Country; New Lawsuit Targets VC Backers appeared first on BeInCrypto. дальше »
2022-6-22 03:00 | |
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Terraform Labs Owned Wallet Behind UST Collapse, New Report Claims
A new investigative report by blockchain security company Uppsala Security and CoinDesk Korea has suggested that Terraform Labs may have directly triggered Terra’s collapse over the second week of May.... дальше »
2022-6-15 19:04 | |
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Solana bids $100M On DeFi, GameFi in South Korea
Solana is in the news today after it unveiled a new $100 million fund for South Korean web3 entrepreneurs. The funds were raised equally by Solana Ventures and the Solana Foundation, a Swiss organizatThe post Solana bids $100M On DeFi, GameFi in South Korea appeared first on AMBCrypto. дальше »
2022-6-8 15:30 | |
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South Korea Plans Crypto Legislation By 2024, Leaked Report
In a move that will see South Korea become even more crypto-friendly, President Yoon has announced his intention to establish a new regulatory framework for the crypto industry by 2024. With this new legislation in place and increasing demand for cryptocurrency services across all areas of commerce, it seems likely they can pull off another […] дальше »
2022-5-14 00:00 | |
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The Metaverse in South Korea: TopGoal Brings Football to Klaytn Blockchain
The metaverse isn’t merely tech jargon. It’s a whole new virtual reality, evolving rapidly to change lives and industries. Beginning as a sci-fi fantasy two decades ago, the metaverse has now become intertwined with modern life. дальше »
2022-5-13 20:53 | |
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Op-Ed: South Korea’s new president aims to take crypto to the next level
The recent news that the incoming South Korean president is planning to boost the country’s crypto industry is welcome news, particularly in light of the economic power of South Korea not just regionally but also globally. дальше »
2022-4-25 09:00 | |
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Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court Tuesday
Former Ethereum developer Virgil Griffith is set to face sentencing in a New York courthouse on April 12 after pleading guilty to one count of conspiracy to violate international sanctions against North Korea last September. дальше »
2022-4-12 21:25 | |
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HUPAYX to launch its new testnet TAYCAN
Korea’s blockchain payment platform HUPAYX is launching its new testnet Taycan on March 14, 2022. Taycan testnet will be a crucial part of the foundation for NFT and DeFi services which are becomiThe post HUPAYX to launch its new testnet TAYCAN appeared first on AMBCrypto. дальше »
2022-3-18 18:15 | |
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What Could Change For South Korea’s Crypto Regulations
The new president of South Korea Yoon Suk-yeol wants the country to lead the crypto market. Recently, he vowed to deregulate the virtual asset industry and expects to set a more amicable regulatory framework in order to promote local growth. дальше »
2022-3-18 00:00 | |
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South Korea Has A New President – And He Likes Crypto
Yoon Suk-Yeol, a conservative presidential contender, has officially been elected as the new president of South Korea. According to news reports, Yoon of the People Power Party defeated his politically progressive opponent, Lee Jae-Myung, by less than 1%. дальше »
2022-3-10 17:31 | |
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US Justice Department Appoints New Cryptocurrency Unit Head
United States Justice Department decided to appoint Eun Young Choi as head of a new unit to watch illegitimate cryptocurrency ventures. Eun will scrutinize the illegal activities of cyber culprits and other countries like Iran and North Korea. дальше »
2022-2-19 00:47 | |
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South Korea: Bitcoin investigations to ascertain household holdings
2021 was a year of change in South Korea as the administration announced several legislations in the crypto-space. And now, at the start of 2022, a new announcement from the National Statistical OfficThe post South Korea: Bitcoin investigations to ascertain household holdings appeared first on AMBCrypto. дальше »
2022-1-25 00:30 | |
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South Korea Crypto P2P Trading Hits New Highs as Regulators Debate Taxation
P2P crypto trading has hit a new all-time high in South Korea, data from LocalBitcoins shows. The jump in P2P trading comes at a time when there is a lot of uncertainty surrounding regulation in the country. дальше »
2021-11-26 10:21 | |
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South Koreans Flock to 1Inch After the Largest Exchange Lists the DeFi Token Along With AAVE
The largest cryptocurrency exchange in South Korea has listed three new coins, including the popular decentralized finance (DeFi) coins AAVE and 1INCH. 1INCH and AAVE were made available in the Korean Won (KRW) market along with the BTC market, where support for another token MASK was provided on Wednesday. дальше »
2021-10-28 18:36 | |
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PlayDapp’s ‘Along with the Gods’ P2E Game Launches in 170 Countries
PlayDapps has announced that its flagship RPG named “Along with the Gods: Knights of the Dawn,” is now available in 170 countries excluding China and South Korea, following the integration of a new play-to-earn model into the game. дальше »
2021-10-28 16:00 | |
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Scandal and Turmoil - The Cryptocurrency Wild West
Ethan Lou is a Canadian journalist and the author of a new book called Once a Bitcoin Miner: Scandal and Turmoil in the Cryptocurrency Wild West. The book explains how Ethan had gone to North Korea and met the Ethereum Foundation's Virgil Griffith — the man later arrested for allegedly trying to help the totalitarian state break sanctions through blockchain. дальше »
2021-10-15 23:00 | |
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South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit
South Korean authorities have managed to implement the new regulations regarding cryptocurrency exchanges in the country. This move resulted in 29 out of 66 exchanges shutting shop, following the deadThe post South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit appeared first on AMBCrypto. дальше »
2021-10-1 23:00 | |
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Korea’s 29 crypto exchanges now face regulatory scrutiny after meeting deadline
Following their failure to meet the new Crypto Regulations in South Korea, 37 crypto exchanges are billed for total closure. The post Korea’s 29 crypto exchanges now face regulatory scrutiny after meeting deadline appeared first on CryptoSlate. дальше »
2021-9-29 07:00 | |
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South Korea: With 60 exchanges set to close, here's what awaits investors
South Korean exchanges have only a week to register and comply with new regulations that will soon come into effect. However, as predicted, the onset of new regulations will result in over 60 crypto-eThe post South Korea: With 60 exchanges set to close, here's what awaits investors appeared first on AMBCrypto. дальше »
2021-9-17 19:30 | |
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More than 60 South Korean exchanges will suspend trading amid new regulations
South Korea has been trying to come up with cryptocurrency regulations for some time, and it is now ready to implement them. However, before it does it, it ordered over 60 of its local cryptocurrency exchanges to suspend their operations a week before the regulations arrive. дальше »
2021-9-17 09:19 | |
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Asia On The Verge Of Igniting MultiBillion-Dollar Crypto Bearish Storm
Key takeaways South Korea to shut down over 40 cryptocurrency exchanges for failure to comply with new regulations. Cryptocurrency crackdowns are reducing the impact of Asian countries on the cryptocurrency market. дальше »
2021-9-14 15:58 | |
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Huobi: NFT wallet-backed TALK price jumps 15,900% during 3rd primepool event
Amid the success of community initiatives on the Huobi platform, TALK, a new token from Talken, a multi-chain decentralized NFT wallet founded in South Korea, began trading on Huobi Primepool on AugusThe post Huobi: NFT wallet-backed TALK price jumps 15,900% during 3rd primepool event appeared first on AMBCrypto. дальше »
2021-9-6 15:15 | |
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Korean Internet Firm Kakao Eyes Blockchain Expansion To Singapore
Kakao pushes its expansion plan to Singapore for Klaytn, its legacy blockchain platform, following its globalization quest. Reporting on Monday, The Korea Herald disclosed the city-state establishment of the Klaytn Foundation and Krust, the new blockchain-based entities by Kakao. дальше »
2021-8-17 00:00 | |
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Ripple Continues Its Asia-Pacific Expansion Via New Partnership With One Of South Korea’s Largest Remittance Firms
Blockchain payments firm Ripple will further expand its operations in the Asia-Pacific region after entering into a strategic partnership with Global Money Express Co. Ltd (GME Remittance), one of South Korea’s leading money transfer giants. дальше »
2021-8-12 20:45 | |
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Bitget Launches its Russian Version: Another Leap Towards Globalization
The derivatives exchange Bitget announced a new Russian version to provide both trade services and customer support in the Russian language — another crucial globalization initiative following its entry into Japan, South Korea, and the Southeast Asia market last year. дальше »
2021-8-5 10:19 | |
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New rules could permit Korean gov’t to seize tax evaders’ crypto
South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets. дальше »
2021-7-26 12:02 | |
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South Korea: Here's the dilemma exchanges are facing
Although the government tried to regulate the space, new rules have added to the woes of the crypto businesses in South Korea. As per the latest updates, South Korean banks were avoiding extending theThe post South Korea: Here's the dilemma exchanges are facing appeared first on AMBCrypto. дальше »
2021-7-12 14:00 | |
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Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening the crypto exchanges they work with. дальше »
2021-6-28 14:00 | |
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50 Korean crypto firms apply for new licenses as strict regulation looms
Fifty crypto businesses based in South Korea have applied for a license under the new Information Security Management System (ISMS), a government-backed certification that certifies companies that meet stringent standards of data protection and privacy. дальше »
2021-6-17 19:00 | |
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Korean banks will need to classify crypto exchange clients as ‘high risk’
A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. дальше »
2021-6-15 14:14 | |
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Largest Korean Exchange Upbit Goes on a Delisting Spree Ahead of New Regulation
Upbit, the largest cryptocurrency exchange in South Korea, is removing several cryptocurrencies from its platform. The exchange announced the removal of the KRW market pair of MARO, Paycoin (PCI), Observer (OBSR), Solvecare (SOLVE), and Quiz Talk (QTCON) on Friday. дальше »
2021-6-12 18:50 | |
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South Korea to Tax Crypto Assets Held in Overseas Exchanges Starting Next Year
Korea's Financial Services Commission is also meeting with crypto exchanges to hear their concerns about new regulation approaches. The post South Korea to Tax Crypto Assets Held in Overseas Exchanges Starting Next Year first appeared on BitcoinExchangeGuide. дальше »
2021-6-4 19:41 | |
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Aloha Breaks New NFT Ground in Korea with ProBit Exchange Listing
Aloha is pioneering the decentralized Wi-Fi hotspot space following the start of trading on ProBit Exchange with a core objective of enabling seamless peer-to-peer mobile data sharing. Globally, 67% of smartphone users fail to use their total monthly bandwidth allocation, resulting in paid-for-data going to waste. дальше »
2021-5-17 12:30 | |
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South Korea To Monitor Cryptocurrency Phishing Due To High Phishing Reports
South Korea's Ministry of Science and ICT is working with the Korean National Police Agency to bust the growing crypto phishing websites through a new system, Yonhap reports. This follows a rise in phishing attempts targeting crypto users. дальше »
2021-5-11 20:05 | |
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Korean crypto exchanges could face harsh laws if new proposal is passed
The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today. дальше »
2021-5-7 19:00 | |
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South Korea: Over 50% of Survey Respondents Support Crypto Tax Law
Despite growing dissent with the planned crypto tax law in South Korea, a recent survey has surprisingly shown a significant level of support for the tax plan. Meanwhile, the country’s government appears set to move forward with the application on the new tax regime come January 2022. дальше »
2021-5-4 15:00 | |
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All 200 Cryptocurrency Exchanges Could Be Shut Down Under New Regulation in South Korea, Regulator Warns
The chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), Eun Sung-soo, has warned that all of the cryptocurrency exchanges in the country could be shut down. дальше »
2021-4-27 03:40 | |
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South Korea aims to “pay special attention” to Bitcoin and crypto transactions
South Korea’s regulators have announced a new crackdown on crypto-related illegal activity amidst the ongoing digital assets trading boom, local news outlet Yonhap News Agency reported today. The post South Korea aims to “pay special attention” to Bitcoin and crypto transactions appeared first on CryptoSlate. дальше »
2021-4-20 16:00 | |
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South Korea: Here's what experts feel about Bitcoin's chances against gold
South Korea's crypto-sector has been expanding at a rapid pace lately, with new sets of investors joining the market community every day. In fact, Bitcoin's surging price has also instigated a correspThe post South Korea: Here's what experts feel about Bitcoin's chances against gold appeared first on AMBCrypto. дальше »
2021-4-16 22:00 | |
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