2024-4-16 18:16 |
Korean won was in lead by trading volume in first quarter of 2024 origin »
Bitcoin price in Telegram @btc_price_every_hour
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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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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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Police in South Korea has seized Coinbit, the third-largest cryptocurrency exchange in the country, over allegations of wash trading activity, amounting to over 100 billion WON ($84 million) in faked income.
2020-8-28 01:31 | |
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Malta-based cryptocurrency exchange Binance is in the news after it issued Binance KRW [BKRW], a BEP-2 stablecoin pegged to KRW [Korean won], in partnership with BxB, Inc. of South Korea on 5 March 20The post Binance issues Korean Won-pegged stablecoin - BKRW appeared first on AMBCrypto.
2020-3-6 00:30 | |
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Litecoin Foundation объявила о партнерстве с компанией MeconCash, в рамках которого криптовалюта Litecoin станет доступна в более чем 13 тысячах банкоматов в Южной Корее. We are thrilled to announce that Litecoin Foundation is partnering with MeconCash to enable Litecoin (LTC) withdrawals to Korean Won (KRW) at over 13,000 atms across South Korea. Read more: https://t.co/yJfSTkRoC9 […]
2020-2-28 12:39 | |
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Litecoin Foundation has partnered with South-Korean cryptocurrency company MeconCash to integrate Litecoin’s native cryptocurrency, LTC, on its payments platform. With this collaboration, LTC to Korean Won (KRW) withdrawals will be possible across more than 13,000 ATMs in South Korea.
2020-2-28 10:08 | |
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Today, the Litecoin Foundation announced it has partnered with MeconCash to integrate Litecoin (LTC) into its M. Pay platform. This will allow Litecoin (LTC) to be withdrawn to Korean Won (KRW) at over 13,000 ATMs in South Korea.
2020-2-28 00:55 | |
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Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […]
2020-2-14 19:06 | |
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Korean blockchain game development company, SuperTree, today announced it has successfully attracted a total of 3 billion won (around $2,575,684 USD) in Series A investment. SuperTree is a startup specializing in the development of blockchain games, consisting of a core team with significant experience in the gaming industry such as NHN, Netmarble, NCSOFT, and ItemBay.
2020-1-22 18:04 | |
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Crypto exchange giant Binance has made an investment in a South Korea-based startup and is preparing to launch a support center in the country. As reported by CoinDesk Korea, the exchange has taken a stake of 500 million won ($432,000) in BxB, the fintech firm that launched the Korean won (KRW) back in 2019. Aside […]
2020-1-15 22:20 | |
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The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced.
2019-12-31 00:40 | |
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Following a data released by the Korean government, Korean news agency, Yonhap reported that crimes associated with cryptocurrencies have caused a financial loss of about 2. 7 trillion won which is nearly $2.
2019-7-22 23:30 | |
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One of the world’s largest money transfer companies, MoneyGram, has announced a partnership with Sentbe, another money transfer company based in South Korea, making the latter the first MoneyGram virtual agent in the country.
2019-7-20 16:30 | |
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When South Korean investors piled into Bitcoin in late 2017, its price in Korean won soared even higher than the dollar, with Korean traders paying up to fifty percent more than westerners. With this 'kimchi premium', as it came to be known, returning to the market, what are the implications for Asian traders and for Bitcoin?
2019-7-5 16:30 | |
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Bitcoin’s current market capitalization would make it the 9th largest monetary system in the world, ahead of the Korean won and behind the Russian ruble. Bitcoin continues to grow The monetary base is defined by the US Federal Reserve as: “The sum of currency in circulation and reserve balances—deposits held by banks and other depository […] The post Bitcoin is the 11th largest monetary system in the world, ahead of Korean won appeared first on CryptoSlate.
2019-6-21 10:46 | |
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Bitcoin has overtaken the Russian Ruble and the Korean Won to become the eighth largest currency in the world by monetary base. Bitcoin Exceeds Korea’s Monetary Base According to a chart released June 18, 2019, from Crypto Voices, bitcoin is now the eighth largest currency in the world by monetary base surpassing Korea Won (data recordedRead MoreRead More.
2019-6-21 01:00 | |
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Despite the lower share of Korean Won trading, researchers reveal that in fact, crypto investment has increased for Korean retail buyers.
2019-4-23 12:24 | |
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By CCN. com: South Korea is the fourth most active country in the world in crypto trading, per Coinhills. This, however, did not count for much as three of the country’s top four bitcoin exchanges recorded losses in 2018.
2019-4-17 15:37 | |
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Bithumb, one of South Korea’s largest cryptocurrency exchanges, posted a 205.5 billion won ($180 million) net loss in 2018,… The post This Korean Exchange Behemoth Has $180M Net Loss In 2018 Alone appeared first on Invest In Blockchain.
2019-4-16 07:05 | |
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South Korea-based cryptocurrency exchange Bithumb suffered a mammoth loss of $180 million (205 billion Korean won) in 2018, reports The Korea Times, April 10, 2019. A Series of Unfortunate Events Although the current sentiment in the crypto market has a slightly positive shade to it, things were not so hunky-dory in 2018 and, the financial results reportedRead MoreRead More.
2019-4-12 13:00 | |
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Bithumb, one of South Korea’s largest cryptocurrency exchange platforms, reportedly turned in a net loss of 205 billion Korean Won, approximately worth $108 million in 2018, according to KoreaTimes.
2019-4-11 23:30 | |
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Bithumb, which was hacked last month and later asked users to be careful about deposits, has reported a $180 million (205 billion Korean won) loss. The exchange suffers from reduced actual volume and a bear market in cryptocurrencies, according to the Korea Times.
2019-4-11 14:07 | |
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