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News
Bithumb Takes $69M Withheld Tax Dispute to Court
2020-01-16T12:11:52.000+02:00
The tribunal will have 90 days to grant or dismiss the motion.
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Upbit Upgrades ETH Wallet Security Following $50M Hack
2020-01-14T12:25:56.000+02:00
The exchange introduced new wallet addresses as the previous ones were scrapped.
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Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick
2020-01-05T14:10:31.000+02:00
Keep up to date with the most interesting crypto and FX news stories so far in 2020.
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South Korea Won't Tax Crypto Profits
2020-01-02T11:51:25.000+02:00
A lack of definition of “virtual currencies” in the country's law has made it difficult to properly tax the earnings.
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Korean Tax Authority Slaps Bithumb with $69 Million in Withholding Tax
2019-12-30T10:19:28.000+02:00
The country does not have any law to access the books of crypto businesses.
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South Korean Central Bank to Form Digital Currency Task Force
2019-12-27T14:04:01.000+02:00
The bank will hire experts to join the study.
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South Korea to Impose Capital Gains Tax on Crypto
2019-12-09T12:42:43.000+02:00
The finance ministry of the country is tasked to prepare a draft bill by the first half of next year.
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DXM, Ledger Developing a Crypto Custody Service for Institutions
2019-12-05T08:21:39.000+02:00
The platform will be backed by Ledger Vault.
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News
Kakao Set to Launch Its Crypto Wallet Klip in H1 2020
2019-12-02T10:32:36.000+02:00
The wallet platform will support DApps and will be integrated within KakaoTalk.
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Analysis
Bakkt Volumes Soar, Scope Markets Enters Kenya: Editor’s Pick
2019-12-01T11:14:40.000+02:00
Stay up to date with the most interesting news in the FX and crypto space.
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Asian Expansion: Binance Forms a Local Entity in South Korea
2019-11-01T13:22:32.000+02:00
The next step might be opening a local exchange in the country.
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$333 Million Bithumb Acquisition Deal Might Fall Apart
2019-09-30T14:17:55.000+02:00
The payment deadline has been extended twice since the signing of the deal.
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News
Korean Music Giant SM Entertainment Planning to Launch Own Crypto
2019-09-06T11:25:01.000+02:00
Fans will be able to invest in artists' works with the digital currency.
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Crypto Exchange Prixbit Shuts Down due to Financial Crunch
2019-08-21T08:56:53.000+02:00
97 percent of South Korean crypto exchanges are facing a financial crisis, a report revealed.
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97% of S. Korean Crypto Exchanges 'In Danger of Bankruptcy': Report
2019-08-19T09:05:15.000+02:00
Low transaction volume has caused South Korean exchanges to shut down and startups to seek listing elsewhere.
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Coinone Partners with Two Companies to Revamp Security
2019-08-08T11:59:44.000+02:00
Crypto exchange security has become a major concern for South Korean regulators.
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News
South Korean Regulator Eying to Directly Regulate Crypto Exchanges
2019-08-07T09:33:34.000+02:00
The watchdog is currently controlling the sector through guidance to banks.
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South Korean Brokerage Firm to Offer Stock Lending on Blockchain
2019-08-05T08:33:10.000+02:00
The firm's parent introduced a decentralized platform to process loans earlier.
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South Koreans Lost $2.28 Billion to Crypto Frauds Since 2017
2019-07-22T13:31:33.000+02:00
The figure does not include the losses due to exchange hacks.
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South Korea's Biggest Bank Signs Blockchain Agreement
2019-06-11T17:38:09.000+02:00
KB Kookmin Bank will be working with Atomrigs Lab on a number of crypto-related products and services
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Regulation
Breaking: South Korea Deregulates Retail OTC Derivatives Market
2019-06-03T13:23:39.000+02:00
The financial regulator is taking steps to revitalize the sector by cutting minimum deposits
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South Korea Plans Action Amid Concerns on Crypto Price Surge
2019-05-29T10:18:56.000+02:00
The trading activity in the country dramatically surged in recent days.
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South Korea’s Oldest Bank Unveils Lending Platform on Blockchain
2019-05-28T11:12:54.000+02:00
The bank previously introduced the new technology in its internal processes.
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Korean Crypto Investors Spent an Average of $6,000 in 2018
2019-04-22T14:57:26.000+02:00
That's according to a new report which also found that Koreans in their 50s were most likely to invest in digital assets
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News
Coinnest to Shut Down Crypto Trading Services
2019-04-18T14:38:33.000+02:00
The exchange has faced multiple technical glitches and embezzlement charges earlier.
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