2024-4-16 18:16 |
Korean won was in lead by trading volume in first quarter of 2024 origin »
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South Korean police apprehended a pair of fraudsters who stole 5.5 billion won ($4.1 million) from a senior man under the guise of profitable crypto investments. The Haeundae Police Station in Busan, South Korea, caught two people in their 20s…
2024-3-26 15:19 | |
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Mina Protocol’s native cryptocurrency MINA has seen a significant price surge over the past day, with the coin rising 50% in 24 hours and 28% in the last hour alone. This dramatic pump comes on the heels of Upbit’s announcement that it will be listing a Korean won (KRW) trading pair for MINA on its […] The post Why is MINA Coin Pumping? Reasons Behind 50% Explosion appeared first on CaptainAltcoin.
2023-10-24 08:20 | |
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South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2. 3 million). This move comes as South Korea seeks to fortify consumer protection in the crypto domain.
2023-8-29 23:00 | |
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The guidelines directed exchanges to allocate at least 3 billion won or an equivalent of 30% of their daily average deposits as reserves. The legislation also empowers authorities to impose penThe post South Korean crypto exchanges prepare for $2.
2023-8-28 16:00 | |
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Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances. The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD).
2023-7-19 23:45 | |
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The trading volume of XRP against the Korean won was the highest among all other counterparts .
2023-7-14 12:16 | |
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The bitcoin cash-Korean won (BCH/KRW) pair listed on Upbit has registered a trading volume of $557.63 million in the past 24 hours. That's nearly 3.5 times
2023-6-30 10:15 | |
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Four employees of South Korean crypto exchange Coinone have been indicted for allegedly employing illegal methods to amass profits exceeding 2.98 billion Korean won.
2023-5-23 23:02 | |
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After being granted bail by a court in Montenegro, Terra co-founder Do Kwon reportedly removed digital assets worth around 2.8 billion won ($2.15 million), according to several reports from South Korean media agencies.
2023-5-18 17:29 | |
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South Korean authorities have indicted Terraform Labs co-founder Daniel Shin and nine other people on a number of counts. The assets of indictees totaling 246.8 billion won ($184.7 million) havThe post South Korea indicts Terra co-founder Daniel Shin: Report appeared first on AMBCrypto.
2023-4-25 16:00 | |
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Prosecutors have revealed that Terraform Labs co-founder, Do Kwon, sent a payment of 9 billion won ($7 million) to a Korean law firm named Kim & Chang just before the collapse of the TerraUSD algorithmic stablecoin and Luna token. While…
2023-4-17 16:08 | |
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South Korea will freeze 7.1 billion Korean won (US$5.36 million) in Do Kwon's assets Do Kwon was arrested in Montenegro for travelling with fake documents. According to a recent Forkast newsThe post Terra founder Do Kwon invites more trouble, million in assets to be frozen appeared first on AMBCrypto.
2023-4-11 18:00 | |
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Coinspeaker Terra Luna Co-Founder Do Kwon Owned Zero Property in South Korea Korean officials have linked approximately 91. 4 billion won, worth about $69 million, in digital assets directly to Do Kwon.
2023-4-9 17:36 | |
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South Korean prosecutors said Terraform Labs executives, including Do Kwon and Daniel Shin, made 414. 5 billion won ($314. 2 million) by tricking investors into investing in the failed project. According to an April 7 KBS News report, the co-founder and former CEO of Chai Shin Hyun-Seong (also known as Daniel Shin) made 154.
2023-4-7 15:58 | |
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Shiba Inu (SHIB) can now be traded against Korean Won on Bithumb
2023-2-23 12:27 | |
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The former CEO of Tmon, an e-commerce platform, has allegedly earned billions of South Korean won after selling the LUNA tokens he had received from Terra co-founder Shin Hyun-Seong for promotions.
2023-2-15 16:45 | |
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Keep an eye on the crypto industry’s happenings with U.Today’s news digest!
2023-1-19 18:21 | |
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South Korean prosecutors indicted 20 people on January 18 for illegally remitting roughly 4 trillion won (roughly $3. 2 billion) overseas to profit from the kimchi premium, according to a local news report.
2023-1-19 12:20 | |
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The leading South Korean cryptocurrency exchange has added support for fiat transactions with Shiba Inu (SHIB)
2023-1-19 09:36 | |
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The Seoul Southern District Court froze 120 billion won — equivalent to $92 million as of press time — owned by former and incumbent CEOs of Terraform Labs’ affiliate firm Kernel Labs. The Korea Economic Daily reported on Dec. 20 that South Korean…
2022-12-20 20:12 | |
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Dunamu's net profit dropped to 160 billion won ($120 million), hit by lower trading and crypto market declines, CoinDesk Korea reported Tuesday.
2022-11-30 14:13 | |
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The central bank has completed a 10-month-long experiment of a digital South Korean won.
2022-11-7 20:41 | |
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South Korean prosecutors are seeking an eight years sentence for the founder of Bithumb, Lee Jung-hoon, on charges that he defrauded the chairman of cosmetic surgery company BK Group, Kim Byung Gun, of 100 billion won (around $70 million).
2022-10-27 00:21 | |
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Lee Jung-hoon, the owner of the South Korean crypto exchange Bithumb, is facing up to eight years in prison on charges of fraud to the value of 100 billion won ($70 million), according to YNA. The post Bithumb owner to receive 8-year jail term for $70M fraud – local media appeared first on CryptoSlate.
2022-10-25 13:40 | |
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The country began seizing crypto to offset tax arrears last year.
2022-9-23 18:30 | |
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An employee at South Korea’s BNK Busan Bank allegedly embezzled 1.48 billion won ($1.1 million) of clients’ funds to invest in Bitcoin. The post South Korean Banker Allegedly Embezzles $1.1M to Invest in Bitcoin appeared first on BeInCrypto.
2022-8-2 19:00 | |
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Yoon Suk-yeol won the closest South Korean election in history with promises to deregulate bitcoin and crypto while easing tax burdens.
2022-3-11 20:46 | |
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The South Korean crypto project saw an unusual bounce on Thursday morning as Yoon Suk-yeol won the presidential election.
2022-3-10 13:51 | |
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The South Korean crypto project saw an unusual bounce on Thursday morning as Yoon Suk-yeol won the presidential election.
2022-3-11 13:51 | |
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South Korean National Assembly Strategy and Finance Committee approved an amendment to delay to 2023 the taxation that imposes an annual 20% capital gains tax for crypto trading with over 2.5 million Won (US$2,125) in earnings, just after the same taxation had been rushed to happen in 2022 as the lawmakers said postponing it would […]
2021-12-4 02:58 | |
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South Korea's record of maintaining a trade surplus has helped to keep its won stable against the U.S. dollar.
2021-10-31 13:00 | |
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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.
2021-10-28 18:36 | |
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Prominent cryptocurrency exchange, Binance announced the discontinuation of Korean Won trading pairs and payment options. Effective immediately, the exchange will stop offering KRW trading pairs, KRW The post Why did Binance make this move appeared first on AMBCrypto.
2021-8-14 23:30 | |
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The good thing is that spikes in Kimchi premium are the ones that mark the market top. As for Binance, it just wants to “proactively comply with local regulations.” The post Kimchi Premium Turns into A Discount, Binance Removes Korean Won Trading Pairs & Trading Options first appeared on BitcoinExchangeGuide.
2021-8-14 15:51 | |
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The chairman of South Korea’s Financial Services Commission (FSC), Eun Sung-soo has said that cryptocurrency exchanges operating abroad that offer the Korean won trading pair must register with the anti-money laundering (AML) regulator.
2021-7-14 11:00 | |
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The financial regulators in South Korea have asked the exchanges based outside the country to register with the anti-money laundering body if they were using the Korean Won. Eun Sung-soo, the ChairmanThe post South Korean regulators demand this from foreign exchanges appeared first on AMBCrypto.
2021-7-13 17:29 | |
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Local media outlets report that several well-known South Korean companies are holding cryptocurrencies as intangible assets, demonstrating the growth of the market. The post South Korean Company Crypto Holdings Pass 10 Billion Won appeared first on BeInCrypto.
2021-5-10 10:51 | |
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South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday.
2021-4-25 03:33 | |
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2021-4-8 16:33 | |
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2021-4-6 18:02 | |
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South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won.
2021-3-17 08:30 | |
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The crypto asset just won over the won.
2021-3-12 22:15 | |
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South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS.
2021-3-10 14:57 | |
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Seoul's Central District Court has ruled that South Korean crypto-exchange Bithumb is liable to compensate victims of Bithumb’s withdrawal incident back in November 2018. In the said incident, severThe post Seoul court finds Bithumb liable; orders reimbursement of over 1.1 billion won appeared first on AMBCrypto.
2021-2-11 14:00 | |
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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 […]
2021-1-8 04:30 | |
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South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly.
2021-1-6 20:30 | |
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Won Hee-ryong, the governor of Korea’s Jeju island, has announced a $5 billion government investment plan focused on developing blockchain and IoT technologies. The post Blockchain at the center of Korean island’s $5 billion development plan appeared first on CryptoSlate.
2020-10-15 19:00 | |
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South Korean crypto-exchange Bithumb was in the news this year after it was levied a tax of 80. 3 billion won ($60. 2 million) by the country's National Tax Service (NTS). Bithumb, for its part, was The post $60.
2020-10-10 17:30 | |
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The South Korean central bank is on track with its CBDC pilot program, but still insists it has no current plans to launch.
2020-10-8 14:19 | |
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