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South Korea defers 20% crypto tax implementation to 2025
The South Korean government on July 21 reportedly postponed the implementation of its 20% crypto tax to 2025, according to South Korean news outlet hankyung. The post South Korea defers 20% crypto tax implementation to 2025 appeared first on CryptoSlate. дальше »
2022-7-22 21:00 | |
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South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday. дальше »
2022-7-20 19:00 | |
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Samsung To Make Chips That Can Power Bitcoin Mining – Will This Energize Crypto?
The entry of Samsung into 3-nanometer foundry processor manufacturing kicks off, and the South Korean company will reportedly start producing Gate-All-Around-based chipsets this week, Samsung New3sroom disclosed on Thursday. дальше »
2022-7-1 10:53 | |
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Terraform Labs Staff Banned From Leaving South Korea: Report
South Korean prosecutors investigating Terraform Labs and its co-founders Daniel Shin and Do Kwon over Terra’s collapse have reportedly imposed a departure ban on current and former employees. Prosecutors Impose... дальше »
2022-6-20 18:33 | |
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How Litecoin [LTC] is reacting to news of delisting from Korean exchanges
Litecoin (LTC) is on the spotlight once again days after launching its Mimblewimble upgrade and for a related reason. Multiple South Korean crypto exchanges have reportedly announced plans to delistThe post How Litecoin [LTC] is reacting to news of delisting from Korean exchanges appeared first on AMBCrypto. дальше »
2022-6-10 00:30 | |
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Korean cybercrime unit requests exchanges to freeze LFG assets: Report
South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna… The post Korean cybercrime unit requests exchanges to freeze LFG assets: Report appeared first on Coin Journal. дальше »
2022-5-24 21:33 | |
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South Korea May Hold Exchanges Accountable For Terra Crash
South Korea’s ruling party has reportedly arranged an emergency meeting to take place Tuesday with representatives from the country’s five largest cryptocurrency exchanges. The authorities are expected to hold the... дальше »
2022-5-23 14:48 | |
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Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations
South Korea's National Assembly and the government are reportedly considering stricter crypto legislation following an emergency probe into the Terra market collapse. The post Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations appeared first on BeInCrypto. дальше »
2022-5-19 10:30 | |
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South Korea Postpones Crypto Taxations; Repeals 2017 ICO Ban
South Korea’s incumbent president Yoon Suk-yeol has decided to delay the crypto taxation by reportedly wanting to adopt a different regulatory framework. President-elect Yoon is quite firm on remaining crypto-friendly as he might lift the ban on Initial Coin Offering (ICO) that was imposed in 2017. дальше »
2022-5-7 04:00 | |
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Singapore revokes Bitget’s license over a tussle with K-pop band BTS
While Singapore has one of the clearest and solid crypto regulatory frameworks, it ranks as one of the toughest. Singapore’s financial market regulator has reportedly suspended the license of Bitget following a row between the exchange and BTS, one of the largest bands in South Korea. дальше »
2021-12-7 15:08 | |
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South Africa Bank to terminate accounts of clients offering crypto arbitrage services
A leading South African bank reportedly sent account termination notices to several crypto clients. As per the local media, Standard Bank served notices to providers of automated cryptocurrency arbitrThe post South Africa Bank to terminate accounts of clients offering crypto arbitrage services appeared first on AMBCrypto. дальше »
2021-10-24 18:30 | |
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Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa
Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. дальше »
2021-7-16 06:30 | |
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South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the process of creating a new regulatory framework. дальше »
2021-7-1 12:30 | |
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Why China’s Oldest Crypto Exchange Has Shut Down Its Bitcoin Business
BTCChina, one of China’s oldest crypto exchanges, has reportedly exited the bitcoin business for good in response to the government’s recent crackdowns on the cryptocurrency industry. BTCChina Pulls The Plug On Bitcoin Business Amid Government’s Anti-Crypto Crackdowns According to a report by the South China Morning Post on Thursday, BTCChina has completely ditched the bitcoin […] дальше »
2021-6-29 19:31 | |
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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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$3.6 Billion: These South African Brothers May Have Just Pulled Off One Of The Biggest-Ever Bitcoin Heists
Ameer and Raees Cajee, co-founders of South African crypto investment platform Africrypt have reportedly disappeared with about 69,000 BTC valued at $3.6 billion amid the April rally. Notably, the siblings first raised suspicion earlier this year when they claimed that their firm had been the victim of a hack in April. The suspicions deepened when […] дальше »
2021-6-25 23:24 | |
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Korean Government Confiscates $47 Million in Crypto From Tax Evaders
South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. дальше »
2021-6-24 07:30 | |
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Lawsuit Accuses Korean Crypto Exchange of $3.5 Billion Scam, Tens of Thousands Defrauded
A class action lawsuit has been filed in South Korea accusing cryptocurrency exchange V Global of defrauding investors. The police reportedly estimate that 69,000 people have invested with the crypto exchange and the damage amounts to 3. дальше »
2021-6-5 16:00 | |
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South Korean Police Raid Crypto Exchange Allegedly Involved in a $214M Multi-Level Marketing Fraud
Authorities in South Korea have launched a major raid against a domestic crypto exchange allegedly involved in a millionaire multi-level marketing (MLM) fraud. The police accuse V Global platform of running an illicit operation that reportedly stole hundreds of millions of dollars from investors. дальше »
2021-5-6 09:00 | |
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South Korea reportedly set to approve cryptocurrency-focused fund
Regulators in South Korea are reportedly set to give the green light for the country’s first crypto-related investment fund.
дальше »2021-4-29 18:30 | |
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Tax Authority Seizes Cryptocurrencies Worth $25 Million From Hundreds of Crypto Investors in South Korea
The tax department of the Seoul metropolitan government in South Korea has reportedly seized cryptocurrencies worth about $25 million from hundreds of crypto investors with delinquent taxes. The cryptocurrencies, including bitcoin, were seized from three exchanges. дальше »
2021-4-24 14:30 | |
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South African Crypto Platform Revix Raises $4.1 Million
The South African cryptocurrency investment platform, Revix, has reportedly raised about $4. 1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution (4IR) investment opportunities. дальше »
2021-4-21 15:30 | |
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South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation
New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly […] дальше »
2021-3-30 03:00 | |
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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate. дальше »
2021-3-20 11:00 | |
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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million
American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. дальше »
2021-3-20 22:21 | |
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South Korea cracks down on tax evaders using cryptocurrencies
As prices in the crypto market surge, the other side of the market has been witnessing a rise in criminal activities. On Monday, South Korea's tax agency reportedly caught 2,400 individuals who were hThe post South Korea cracks down on tax evaders using cryptocurrencies appeared first on AMBCrypto. дальше »
2021-3-15 14:30 | |
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Man Offers $72 Million To Search For Hard Drive With 7,500 BTC
James Howells, a 35-year old British Engineer, is reportedly on a hunt for his BTC hardware wallet that he had accidentally discarded in 2013 while doing some house clean-up. According to a South Wales Argus report, Howells had appealed to the councils of the city where he resides, Newport, to excavate a landfill site where […] дальше »
2021-1-16 23:29 | |
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Gaming Conglomerate Nexon Plans to Acquire Bithumb for $460 million
Nexon Group, a multi-billion dollar gaming conglomerate based in South Korea, is reportedly preparing to acquire Bithumb, the country’s largest cryptocurrency exchange, for a price tag of close to $500 million. дальше »
2021-1-8 06:45 | |
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South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million
Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up […] дальше »
2021-1-8 04:30 | |
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South Korean Lawmakers to Delay Cryptocurrency Tax Rule Implementation Till 2022
The South Korean lawmakers are reportedly making plans to push a three-month delay on the imposition of a tax law amendment bill that the government had proposed on virtual currencies. The bill aims to impose income tax on investments in cryptocurrencies like Bitcoin, ETH, and the likes and have been enforced to commence from October […] дальше »
2020-11-26 00:23 | |
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Huobi Plans Takeover of Major Japanese and South Korean Crypto Exchanges
Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges bitFlyer and Bithumb. дальше »
2020-11-18 00:00 | |
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South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme
A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. дальше »
2020-10-27 13:30 | |
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South Korean cryptocurrency exchange Bithumb faces a setback
Despite being the biggest cryptocurrency exchange in South Korea, Bithumb becomes the second crypto-exchange to be under the investigation of the police. Reportedly, the Seoul Metropolitan Police is closely investigating the exchange to store essential shreds of evidence. дальше »
2020-9-10 13:14 | |
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Korean authorities raid Bithumb crypto exchange again
South Korean police have reportedly raided Bithumb cryptocurrency exchange offices again in an additional seizure search according to The Seoul Newspaper. Much like the first raid that took place on 2The post Korean authorities raid Bithumb crypto exchange again appeared first on AMBCrypto. дальше »
2020-9-8 18:30 | |
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First Mover: Bitcoin Tumbles, Bithumb Reportedly Raided, Uniswap Challenges Coinbase
Bitcoin is down amid negative news from South Korea, but Uniswap has shot to the top of the DeFi rankings. дальше »
2020-9-2 16:25 | |
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Bithumb Raided by Korean Police as Fraud Investigation Continues
Authorities in Seoul have reportedly raided the offices of Bithumb, the largest cryptocurrency exchange in South Korea. According to local news outlet Seoul Shinmun, a special crime unit at the Seoul Metropolitan Police Agency conducted a search and seizure operation at Bithumb’s headquarters in the Gangnam District on Sept 2. дальше »
2020-9-2 15:19 | |
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