Signs of change in the banking sector amid the cryptocurrency frenzy
Amid the soaring prices of cryptocurrencies, including Bitcoin, changes have been observed in the attitudes of banks towards partnerships with cryptocurrency exchanges for real-name...
The 1.4 Trillion Won Cryptocurrency Fraud: The Ponzi Scheme of HaruInvest Exposed
Deceiving customers to embezzle cryptocurrencies worth 1.4 trillion won, the case of the cryptocurrency deposit service company HaruInvest started from a state of capital...
Financial Supervisory Service to Focus on Regulatory Compliance and Market Stability Ahead of Virtual...
The Financial Supervisory Service (FSS) is intensifying its preparation efforts to ensure the successful adoption of the 'Virtual Asset User Protection Law', set to...
National Pension Plan realizes 60 billion profit from indirect investment in the virtual asset...
The National Pension Service has garnered significant attention in the financial investment sector after it was recently revealed that they have made substantial profits...
Ministry of Personnel Management Implements Cryptocurrency Asset Registration System for Public Officials in Collaboration...
The government has officially launched the cryptocurrency asset registration system for public officials, actively seeking collaboration with cryptocurrency businesses for this purpose. The Ministry...
Bitcoin’s Rally and the Controversy Over ETF Introduction in South Korea Heat Up Political...
As Bitcoin's price continues to showcase a rapid increase, potentially breaking through the 100 million won mark, the approval of Bitcoin spot Exchange-Traded Funds...
Personal Information Commission Initiates Investigation into Iris-based Cryptocurrency ‘Worldcoin’
The Personal Information Protection Commission has commenced an investigation into 'Worldcoin,' a cryptocurrency that offers virtual currency in exchange for registering iris information. The...
Domestic Corporate Ban on Cryptocurrency Transactions Undermines Investor Protection
The gradual restriction and eventual complete prohibition of cryptocurrency investment and account setup by corporations in Korea have been criticized for undermining the regulatory...
Court Cancels Imposition of Miscellaneous Income Tax on Bithumb
The Seoul Administrative Court's 2nd Division (Chief Judge Shin Myung-hee) recently issued a partial victory for the plaintiff, Bithumb Korea, a virtual asset exchange...
Korea Digital Asset (KODA) Surpasses 8 Trillion KRW in Custody, Establishing Itself as a...
Korea Digital Asset (KODA) announced that it has surpassed a total custody value of 8 trillion KRW. KODA was jointly established in November 2020...