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Crypto assets in SA: Get Ready For The Taxman
Crypto investors in South Africa need to get their tax affairs in order local expert says. дальше »
2022-9-6 15:01 | |
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After Binance, FTX Signs Agreement With The S.Korean City Of Busan To Launch Crypto Exchange
South Korean port city Busan has forged a partnership with Sam Bankman-Fried’s FTX to help the city develop a local cryptocurrency exchange and boost blockchain-based businesses. дальше »
2022-8-31 23:03 | |
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South African Central Bank Releases Crypto Risk-Assessment Note
The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The post South African Central Bank Releases Crypto Risk-Assessment Note appeared first on BeInCrypto. дальше »
2022-8-21 17:00 | |
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South Africa's Central Bank Greenlights Financial Institutions to Serve Crypto Clients
The central bank warned against the "wholesale" banning of clients over risk after a number of local banks moved to terminate services to crypto exchanges and other intermediaries in previous years. дальше »
2022-8-19 15:13 | |
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Crypto.com Gets South Korea Green Light Following Local Acquisitions
Cryptocurrency platform Crypto.com has made a pair of acquisitions in South Korea, giving it the authority to operate and as a virtual-asset service provider. The post Crypto.com Gets South Korea Green Light Following Local Acquisitions appeared first on BeInCrypto. дальше »
2022-8-9 19:00 | |
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South Korea-based Busan Bank’s employee steals 1.4B won in customer funds to buy crypto
A foreign employee of South Korea-based Busan Bank stole roughly 1. 48 billion won of customer funds and invested the money in crypto assets like Bitcoin (BTC), local media reported on August 1. The post South Korea-based Busan Bank’s employee steals 1. дальше »
2022-8-1 19:00 | |
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7 Leading Exchanges Raided By Korean Prosecutors In Connection To Terra Fraud Inquest
On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of Terraform Labs’ dual tokens LUNA and TerraUSD (UST) according to a report in a local media outlet. дальше »
2022-7-21 23:32 | |
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South Korean investigators raid 7 local exchanges in Terra probe
As part of the investigation into the collapse of Terra in May, South Korean prosecutors raided seven local crypto exchanges on July 20, according to a report by Yonhap News Agency. The post South Korean investigators raid 7 local exchanges in Terra probe appeared first on CryptoSlate. дальше »
2022-7-20 18:10 | |
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Argentina Seizes 1,269 Crypto Wallets Tied To Delinquent Taxpayers
When it comes to cryptocurrency, the South American country Argentina from crypto adoption to regulations, has a long list of hot topics. As well as, according to a recent news report by local media, the tax office in Argentina has confiscated more than 1,200 cryptocurrency wallets that were connected to delinquent taxpayers. The laws and […] дальше »
2022-7-2 12:00 | |
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South Korean prosecutors have banned Terra employees from leaving the country
South Korea’s prosecutor’s office has restricted key employees of Terraform Labs from leaving the country, according to a report by local media outlet JTBC on June 20. The post South Korean prosecutors have banned Terra employees from leaving the country appeared first on CryptoSlate. дальше »
2022-6-21 22:01 | |
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Terra’s Do Kwon Is Being Investigated for Tax Fraud
Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that... дальше »
2022-6-16 00:25 | |
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Crypto Exchanges in South Korea Announce Joint Consultation Body for H2 2022
Local media in South Korea have confirmed that the top five crypto exchanges in the country will launch a joint consultative body for decision-making in the second half of 2022. The post Crypto Exchanges in South Korea Announce Joint Consultation Body for H2 2022 appeared first on BeInCrypto. дальше »
2022-6-14 07:30 | |
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Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse
Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. The post Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse appeared first on BeInCrypto. дальше »
2022-6-1 20:15 | |
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South Korea Toughens Up Security In Response To Terra’s Crash
According to Local media accounts, South Korea’s Financial Supervisory Service (FSS) has moved to standardize risk assessment for virtual assets, the FSS reported these details during the “Enactment of the Digital Asset Framework Act and Emergency Inspection of Coin Market Investor Protection Measures” conference. дальше »
2022-6-1 21:59 | |
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Terra (LUNA) Staff Under Scrutiny, South Korea Launches Full Scale Investigation
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses. дальше »
2022-5-31 21:00 | |
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Korean Police Seek To Freeze Assets Linked To The Embattled Luna Foundation Guard
According to local media reports, South Korean police are looking to freeze Luna Foundation Guard’s funds following this month’s historic collapse of the Terra network’s LUNA and UST tokens. дальше »
2022-5-24 18:23 | |
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Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »
2022-5-18 19:30 | |
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South Korea’s financial authorities and politicians start investigating Terra’s crisis
According to South Korea’s local media reports, two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra. дальше »
2022-5-18 18:52 | |
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South Korean Authorities Commence Probes Into Terra Crisis
According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has... дальше »
2022-5-18 16:02 | |
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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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Experts weigh in on new crypto regulations in South Africa
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn. дальше »
2022-3-4 16:45 | |
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South Korea’s Financial Authorities to Include Cryptocurrencies in New Taxation Framework
A local publication reported that South Korea’s Ministry of Strategy and Finance aims to introduce taxes for digital assets, with the rate expected to reach 20 percent. The announcement was made during the Financial Parliamentary committee meeting chaired by Minister Hong Nam-Ki on 17th July. дальше »
2020-6-18 22:22 | |
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South Korea to Impose Crypto Tax, Says Finance Minister
According to a report by a local media outlet, Korea JoongAng Daily, the South Korean finance minister today confirmed that the country will go ahead with its plan to tax cryptocurrency transactions. дальше »
2020-6-18 21:07 | |
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South Korean Police on the Hunt for Ethereum Crime Ring Masterminds
The Seoul Metropolitan Police seize two unnamed local crypto exchanges in an effort to dismantle an ETH-related crime ring.
дальше »2020-6-13 17:35 | |
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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. дальше »
2020-6-6 20:05 | |
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South Korea is Proposing A Tax on Profits From Crypto-Fiat Transactions
The South Korean Ministry of Strategy and Finance is proposing a tax on profits from crypto-fiat transactions, reported a local news outlet. The proposition was made earlier this week which also includes the sale of the token through initial coin offerings (ICO) and crypto mining organizations. дальше »
2020-5-31 18:18 | |
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South Korea to Start Taxing Bitcoin Profits in 2021
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. дальше »
2020-5-29 17:44 | |
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South Korea to tax crypto income from next year
The country plans to make traders, miners and projects receiving initial coin offerings to pay income tax from March 2021 South Korea will tax cryptocurrency traders, miners, and initial coin offerings from next year, according to reports in local news outlets. дальше »
2020-5-28 15:52 | |
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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. дальше »
2020-5-19 01:30 | |
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South Korean Government Labels Blockchain a Golden Opportunity
A South Korean minister is calling to local firms to seize “golden” opportunities in the global blockchain market
дальше »2020-4-19 19:50 | |
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South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App
KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […] дальше »
2020-3-27 18:10 | |
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South Korean Crypto Exchanges Aid Police in Child Porn Investigation
South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned into a nation-wide scandal. дальше »
2020-3-26 19:15 | |
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Interpol Targets Darkweb and Crypto with S.Korean Help
Following the success of working with local law enforcement bodies in clamping down on cryptojacking, Interpol is now targeting darkweb and crypto crime with assistance from a South Korean startup. Interpol Gets Help to Track Darkweb Crypto Crime Interpol is getting serious about cracking down on crime on the darkweb. дальше »
2020-3-21 23:00 | |
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Cult Korean Church Suspected in Local Coronavirus Outbreak
South Korea has 204 confirmed coronavirus cases, but is at risk of far more numbers due to one individual. The post Cult Korean Church Suspected in Local Coronavirus Outbreak appeared first on CCN.com дальше »
2020-2-21 11:56 | |
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Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership
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 […] дальше »
2020-2-14 19:06 | |
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Is International Pressures Forcing South African Banks to Close Crypto Exchange Accounts?
The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […] дальше »
2020-1-26 00:55 | |
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Ledger Partners With FLETA to Provide Crypto Custodian Services For DApps
Ledger closed a partnership with FLETA, which is a blockchain platform for decentralized applications (dapps) based in South Korea, to offer custodian services that comply with the local laws. Ledger has created Ledger Vault in an attempt to offer its institutional-lever services to more clients. дальше »
2020-1-23 20:36 | |
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South Korea Might Re-Categorize Cryptocurrencies, Imposing A 20% Tax On Gains
South Korea one of the most progressive nation in terms of evolving technology adoption might impose a 20% tax on crypto gains in the country as per a report published by a local daily, The Korean Times. дальше »
2020-1-20 18:10 | |
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South Korean Exchange Bithumb To Fight NTS In Court Over $69M Tax Bill
According to local reports from The Korean Times, the largest crypto exchange in the country is challenging the latest tax imposed by the National Tax Service (NTS) in a Tax Tribunal in what it terms as a groundless base. дальше »
2020-1-16 20:39 | |
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