Tag: Blockchain
16 Foreign Virtual Asset Exchanges to be Blocked in Korea by the Financial Intelligence...
It was found that a large number of foreign virtual asset business operators were doing business for Koreans without properly reporting to the financial...
South Korea Investigates Banks for $6.5B in Transfers Related to Kimchi Premium
$6.5 Billion in Overseas Transactions
On Monday, August 15th, Asia Times reported that the country’s Financial Supervisory Service has authorised a probe into South Korean...
FIU to Investigate Unregistered Foreign Exchanges in Korea
The Financial Intelligence Unit (FIU) under the Financial Services Commission is monitoring and cracking down on unregistered foreign virtual asset (cryptocurrency) exchanges in Korea.
According...
South Korea’s Klaytn Announces Its Partnership with DeFi Protocol 1inch
Klaytn, one of the most-popular metaverse blockchain platforms from South Korea, recently announced its partnership with decentralized finance (DeFi) protocol 1inch. With this partnership,...
People Flock to South Korean Crypto Event Despite Market Turmoil
Korea Blockchain Week opened this weekend with more than 7,000 people registered to attend and over 120 speakers on the lineup. According to the...
‘For The Dog’, A Project Receiving Love Calls from Overseas Venture Capitalists
Recently, Silicon Valley-based TheVault signed a partnership with 'For The Dog Team', a pet-related metaverse company led by a Korean team.
Regarding the background of...
FTX Reportedly in Talks to Buy South Korean Exchange Bithumb
Sam Bankman-Fried’s FTX is looking to buy South Korean crypto exchange Bithumb, according to Bloomberg.
Acquisition talks have been ongoing for several months, a person...
Authorities raid South Korean crypto exchanges in Terraform Labs probe
In the most recent development, a team of investigators from the Seoul Southern District Prosecutors Office raided several local cryptocurrency exchanges, including Upbit, on...
South Korean Court Exonerates Bitcoiner Who Received BTC 200 by Mistake
The court heard that in June 2018, A received a deposit of BTC 199.999 from another individual (named by the court as “B”). B...
South Korea to scale back stock capital gains tax, delay crypto tax
South Korea plans to cut the threshold for stock capital gains tax to individuals holding publicly traded shares worth 10 billion won or more from the...
LATEST ARTICLES
FForward Hosts The Biggest Devcon 2024 Afterparty: Bangkok’s Best Blockchain Night...
FForward, a brand new RWA innovation, will officially launch at an explosive afterparty during Devcon 2024. The event, co-hosted by Bitkub and Cryptomind, will...
