Morgan Stanley Reportedly in Talks for Korea Exchange Bithumb Acquisition
Morgan Stanley has entered into negotiation to acquire stakes in Bithumb, the largest South Korean cryptocurrency exchange, according to local media.
An anonymous source from...
Visa Taps Deeper Into Bitcoin Through New Global Partnership With Crypto.com
Today, Hong Kong-based payment and cryptocurrency platform Crypto.com announced a global partnership with Visa that also includes principal membership in Visa’s network in Australia....
South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
Evaders Hid a Total of $32.24 Million in Assets
Per the Korea Herald, the National Tax Service of South Korea (NTS) identified 2,416 individuals who...
Step closer to new economy – shopping with crypto in Korea
Near Cheonggye Plaza, Seoul’s iconic recreational area along the Cheonggye Stream, top coffee brands from Starbucks to Blue Bottle Coffee compete toe-to-toe, luring coffee...
[MARCH] Crypto Evaluation in an Inflation Nation
Caught somewhere between the frenzy and ecstasy of bitcoin enjoying unprecedented highs, a key detail has emerged about the nature of its movement. BTC’s...
ICON Foundation Will Not Be Charged Even As ICONLOOP is Under Investigation
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...
South Korea to Impose Heavy Penalty on Cryptocurrency Violations
The Financial Services Commission of Korea (FSC) introduced new penalty standards for cryptocurrency service providers today. The financial regulator is planning to impose heavy...
Daily Trading in Cryptocurrencies Skyrockets in South Korea
The average daily transaction amount of cryptocurrencies is skyrocketing on the back of rising investment fever.
The combined transaction amount of the nation’s four major...
Blockchain-powered Karaoke Booms in South Korea as Coronavirus Drags on
According to Fn News, the blockchain-based app Somesing has surpassed 400,000 users – more than doubling its user base in the past six months....
Bank of Korea Chief on CBDC: Better Right Than Fast
Bank of Korea Governor Lee Ju-yeol isn’t bullish on bitcoin, but he sees potential in a central bank digital currency (CBDC), if it’s done...