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News
Bithumb Acquisition: Vidente Debunks Claims on Nexon Partnership
2021-01-08T13:59:15.000+02:00
Nexon reportedly partnered with Vidente to buy majority stakes in the crypto exchange.
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South Korea’s Hashed Raises $120 Million for Crypto Venture Fund
2020-12-28T13:19:32.000+02:00
The group already backs many prominent projects like Klaytn, Link and ICON.
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Seoul Police Indicted Coinbit Executives for Market Manipulation
2020-12-09T08:47:24.000+02:00
99 percent of the trading volume on the local exchange are allegedly fake.
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South Korea Plans to Delay Crypto Income Tax Rule
2020-11-25T09:40:22.000+02:00
Korea's National Assembly proposed a delay in the crypto tax rule to push the implementation to January 2022.
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Regulation
South Korea Will Ban Domestic Circulation of Privacy Coins
2020-11-04T11:54:41.000+02:00
The new law will come into effect in March 2021.
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Korean Police Summon Bithumb Chairman for Fraud Investigation
2020-09-18T12:34:10.000+02:00
The exchange was raided three times earlier this month.
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Crackdown? South Korean Police Seize Bithumb
2020-09-02T14:15:59.000+02:00
The exchange allegedly committed fraud by issuing its native BXA tokens.
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Korean Police Seize Coinbit for Massive Crypto Wash Trading
2020-08-26T14:37:08.000+02:00
The exchange generated an income of $85 million from market manipulation.
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News
South Korea's Largest Bank to Offer Digital Assets Custody Services
2020-08-10T10:55:20.000+02:00
The news follows the recent announcement by the United States OCC that US banks can begin offering crypto custody services.
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South Korea to Charge 20% on Crypto Gains Under New Tax Law
2020-07-22T10:53:23.000+02:00
The new law will come into effect from October 1, 2021.
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Bithumb Plans to Go Public in South Korea: Report
2020-06-24T13:43:49.000+02:00
The company’s attempt to publicly list its shares on a US exchange failed last year.
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South Korea Appoints Legal Advisory to Study CBDC
2020-06-15T14:03:30.000+02:00
Bank of Korea also launched a pilot program to test CBDC.
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Analysis
Retail Forex Industry Analysis: Traders Active Like Never Before
2020-04-20T11:43:06.000+02:00
Latest data reveals the growing activity of traders in many fields
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Bithumb Reports $30.5 Million in Profit for 2019
2020-04-15T14:33:42.000+02:00
The exchange underwent various changes including restructuring of its business and fees.
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South Korean Central Bank Launches CBDC Pilot Program
2020-04-06T13:01:51.000+02:00
With the pilot, the regulator will access both technical and legal prospects of digital won.
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Binance to Open South Korean Exchange with BxB Acquisition
2020-03-31T09:13:57.000+02:00
The exchange will open trading services on April 4 followed by the initiation of withdrawals on April 9.
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News
Top South Korean Bank Plans to Offer Bitcoin Custody
2020-03-27T13:49:31.000+02:00
This might change the crypto landscape in the country.
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Regulation
South Korea Implements Further Measures to Address FX Liquidity Issues
2020-03-26T08:22:22.000+02:00
The government will loosen the foreign exchange liquidity coverage ratio for banks.
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Crypto Trading Volume Plummets Over 60% on South Korean Exchanges
2020-03-23T15:18:08.000+02:00
The country recently regulated the exchanges, mandating their exchanges to register with the KISA
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Regulation
South Korea Eases FX Derivatives Rules to Combat USD Shortage
2020-03-18T09:35:06.000+02:00
As traders flock to the USD, South Korea is trying to address the mismatches in dollar liquidity.
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News
South Korea Brings New Law to Legitimize Crypto
2020-03-05T14:39:16.000+02:00
This mandates licensing for operating crypto exchanges.
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Litecoin Foundation, MeconCash Partner for Korean Fiat Withdrawal
2020-02-28T09:25:46.000+02:00
The companies will extend their partnership in the future.
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Bithumb, BitMax Partner to Build Blockchain Infrastructure
2020-02-18T09:17:44.000+02:00
The South Korean exchange is expecting to bolster its global presence with this partnership.
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South Korean Crypto Wallet Bitberry to Shut Services
2020-02-03T11:38:58.000+02:00
The platform failed to gain financial reinforcements from its sister company.
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News
South Korea Considers Classing Crypto Earnings as 'Other Income'
2020-01-20T10:42:04.000+02:00
This category includes honorarium income and prize winnings.
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