2022-5-31 23:55 |
South Korean authorities have launched a new investigation on Terraform Labs, according to reports from JBTC. Korean Authorities Summon Team The Seoul Southern District’s joint financial and securities crime investigation... origin »
Bitcoin price in Telegram @btc_price_every_hour
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South Korea's financial authorities are looking to introduce measures to hold crypto exchanges to greater scrutiny in the wake of Terra's collapse, according to a report by The Korea Times.
2022-5-24 17:14 | |
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With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed to fast-track regulations aimed at protecting consumers from such risks.
2022-5-20 01:06 | |
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The collapse of TerraUSD has spurred financial authorities in South Korea to launch “emergency” inspections of domestic cryptocurrency exchanges. The post TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges appeared first on BeInCrypto.
2022-5-18 19:00 | |
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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...
2022-5-18 16:02 | |
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South Korean authorities begin investigation of Terra incident
2022-5-17 12:35 | |
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As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto.
2021-10-2 19:00 | |
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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.
2021-10-1 23:00 | |
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With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities.
2021-9-25 10:00 | |
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The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country's Financial Intelligence Unit, it was looking closely aThe post South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities appeared first on AMBCrypto.
2021-9-13 01:30 | |
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21 South Korean crypto exchanges out of 63 that applied have received the ISMS certification from authorities, which deems them as having met various protection standards. The post South Korean Crypto Exchanges Start Receiving Regulatory Compliance Certifications appeared first on BeInCrypto.
2021-8-26 13:06 | |
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Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value.
2021-8-19 04:00 | |
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Korean authorities will tighten control over unregistered foreign cryptocurrency exchanges
2021-7-22 13:02 | |
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Several exchanges could press a constitutional appeal against the Korean government and the financial authorities as they face the risk of being banned. The development follows the amended Act on Reporting and Use of Certain Financial Transaction Information.
2021-6-29 04:00 | |
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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.
2021-6-24 07:30 | |
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While officials conduct the largest “crypto seizure for back taxes in Korean history,” FSC Chairman warns that cryptos can crash into nothing if exchanges are not approved under the VASP license. Koreans meanwhile remain more interested in Doge and XRP than BTC and ETH.
2021-6-23 17:53 | |
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The Financial Services Commission of South Korea has asked crypto exchanges to provide a list of recently delisted altcoins to conduct a market assessment and understand the nature of the risk. The post Korean Authorities Requesting List of Delisted Altcoins From Crypto Exchanges appeared first on BeInCrypto.
2021-6-17 11:39 | |
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South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain login details from crypto exchange users.
2021-5-10 06:45 | |
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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.
2021-5-6 09:00 | |
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Regulators in South Korea are now taking an interest in the cryptocurrency industry with plans to introduce regulations for the emerging asset class. The nation’s financial authorities are now seeking the help of banks to aid in these efforts, and have asked them to declare their cryptocurrency businesses to ascertain the exact number of cryptoRead More
2021-5-6 08:00 | |
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As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of the country’s Financial Services Commission (FSC).
2021-4-28 11:30 | |
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The South Korean financial authorities are tightening up regulations in a bid to combat illegal transactions and money laundering. The post South Koreans to Face Tougher Crypto Laws to As Regulators Tackle Cases of Money Laundering first appeared on BitcoinExchangeGuide.
2021-4-21 23:51 | |
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South Korean regulatory authorities recently met to discuss a clampdown on illegal cryptocurrency transactions in the country. The focus of the discussion is the potential use of cryptocurrencies in money laundering as well as the volatility of digital assets.
2021-4-19 15:08 | |
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Crypto tax evasion is becoming a hot potato for the authorities in some Asian countries, such as Japan and South Korea. A South Korean city is now actively fighting against tax evaders who are suspiciously reporting meager earnings in their filings.
2021-4-16 01:30 | |
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OKEx Korea announced that it's shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.
2021-3-24 12:48 | |
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South Korean tax authorities are unstoppable in keeping crypto holders in their eyes and making them accountable to pay taxes. The National Tax Service (NTS) has issued a warning to the crypto traders that they have to report their earnings even from tokens held in foreign exchanges.
2021-3-20 03:30 | |
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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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An official response by ICON to the news that South Korean tax authorities are investigating its technical partner, ICONLOOP has been released. President Min Kim Makes a Clarification The ICON Foundation President Min Kim said in an announcement that the ICON Foundation will not be under the influence of the investigation. The ICON Foundation isRead More
2021-3-9 21:00 | |
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The U. S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1. 3 billion in cryptocurrencies and fiat during coordinated cyber-heists.
2021-2-19 03:00 | |
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The Chinese government has approved a South Korean crypto exchange to operate in the country despite barring all local crypto trading services. A report unveiled this news on February 7, noting that DBX had become the first South Korean crypto exchange to establish a subsidiary dubbed Tabi in China.
2021-2-12 17:03 | |
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The government of South Korea is partnering with Sendsquare, a blockchain startup in charge of the FLETA Blockchain, to develop a proof-of-concept project which aims to store the data of the nation’s 3.
2020-6-30 01:00 | |
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IT experts believe that South Korean authorities could not track the crypto payments made from overseas exchanges
2020-5-7 23:33 | |
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40 people involved in crypto payments on the “Nth Room” case were identified by the South Korean authorities
2020-4-28 22:52 | |
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Coinspeaker South Korean Authorities Are Considering 20% Tax on Crypto GainsAccording to Korean experts, the government will now treat crypto trading gains as 'other income'. As a result, a 20% tax on such incomes may be introduced.
2020-1-21 12:40 | |
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South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report.
2020-1-8 18:00 | |
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The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin.
2019-12-10 01:00 | |
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The South Korean government is mulling imposing taxes on capital gains arising out of cryptocurrency transactions – including Bitcoin (BTC) – reports The Korea Times, December 9, 2019. South Korean Authorities Taming the Crypto Conundrum In their short history, cryptocurrencies haven’t exactly been able to earn the trust of a large number of financial watchdogsRead MoreRead More.
2019-12-9 18:00 | |
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CryptoNinjas ICONLOOP, the South Korean blockchain network, announced today the release of ‘broof’ a blockchain-based certificate issuance service. Based on the ICON public blockchain network, ‘broof’ supports certificate issuance, storage, and prevention of falsification.
2019-5-30 15:23 | |
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While the surge in bitcoin and altcoin prices has ushered in another wave of excitement into the cryptospace, South Korean authorities remain focused on managing local expectations surrounding the industry.
2019-5-29 15:00 | |
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Coinspeaker South Korea Will Reportedly Re-evaluate Existing Regulatory Frameworks for CryptosSouth Korean authorities will re-evaluate the existing crypto rules with a view to support the growth and development of the crypto industry.
2019-4-5 12:07 | |
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Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.
2019-2-26 22:00 | |
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Bitcoin price drop 6. 1 percent after testing $4,100 Korean authorities approve seven exchanges compliant with their security measures The slide below $4,000 at the back of high transaction volumes After today’s losses, subsequent price action would determine whether BTC is within a necessary bull squeeze or the retest of $4,100 marked the beginning of bear.
2019-1-10 18:00 | |
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According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs.
2018-12-26 20:00 | |
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Drug Dealers In South Korea Arrested After Receiving Payments In Crypto Drug dealers in South Korea have been arrested by local authorities after selling drugs online and accepting virtual currencies as payment.
2018-12-26 19:28 | |
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South Korean authorities recently alleged that top executives of cryptocurrency exchange company, Upbit, falsified the company’s trading volume. Company Inflates Trading Volume by $226 billion Three top Executives of Upbit, one of South Korea’s largest cryptocurrency exchange, were recently accused of inflating the company’s trading volumes and manipulating the data system to attract investors, according to a report by The Korea Times.
2018-12-22 11:03 | |
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No manipulation here, says exchange Upbit after South Korean authorities issue indictment against three employees
2018-12-22 16:25 | |
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A giant mining initiative sponsored by the government of Paraguay should quell fears the current Bitcoin price lows hurt the profitability of the practice. Golden Goose Will Have 15 Years’ ‘Guaranteed’ Power In a press release November 18, Korean Blockchain startup Commons Foundation confirmed authorities had “guaranteed” electricity for the Golden Goose project, which it says will be “the world’s largest cryptocurrency mining center and global exchange.
2018-11-26 14:00 | |
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Cryptocurrency exchange Zeniex has announced that it is terminating all services after South Korea’s financial authorities started cracking down on unauthorized crypto funds. The exchange is asking its customers to withdraw their cryptocurrencies before the end-of-service date.
2018-11-11 10:10 | |
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South Korean authorities continue discussing the possibility of reallowing ICOs within the country. The final decision is going to be revealed in November 2018. The post South Korea to Take Final Decision on ICOs in November, Says Top-level Official appeared first on CoinSpeaker.
2018-10-11 21:41 | |
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A South Korean fugitive suspected of running a $33 million cryptocurrency pyramid scheme was arrested and is facing deportation by the Philippine authorities.
2018-10-8 19:53 | |
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Ali Martinez has cautioned that Strategy’s STRC structure may amplify financial stress in a prolonged Bitcoin bear market, citing similarities to the feedback loop seen in Terra-Luna’s collapse in 2022.
Singapore charged ex-Hodlnaut CEO Zhu Juntao with six fraud counts over alleged false UST exposure claims after Terra’s 2022 crash.
Jane Street has rejected new insider trading claims centred on a private Telegram channel during the 2022 Terra collapse. A Manhattan federal complaint alleges Jane Street used a private Telegram channel to exit $192 million in TerraUSD before its May…
Leap Wallet will shut down its products by May 28 while users retain asset access through recovery phrases or private keys in other wallets.
The LUNC price has dived by over 45% from its highest point this week, a move that has erased millions of dollars in market value. Terra Luna Classic (LUNC) token dropped to a low of $0.00004587, its lowest level since…
Terra (LUNA) surged sharply ahead of Do Kwon’s upcoming sentencing, fueled by market speculation and recent ecosystem updates. Terra traded around $0.2076 at press time, up 39% in the past day, The token has hovered between $0.147 and $0.243 in…
From Gemini’s IPO and Do Kwon’s guilty plea, to OKX erasing $26 billion worth of tokens, the crypto industry is seeing both bold moves and sobering reminders of risk.