South Korea Moving Towards Cryptocurrency Acceptance
South Korea is continuing to legitimize and embrace cryptocurrency through a careful and considered approach. 'The regulator isn't opposed to ...
Tag: South Korea
South Korea Officially Recognizes Cryptocurrency Exchanges
South Korea has moved to recognize cryptocurrency exchanges as legal entities in their own right for the first time, cementing ...
South Korean Cryptocurrency Exchanges Struggle To Find Insurers
Due to recent security breaches and thefts among some large-scale cryptocurrency exchange platforms, the need for exchange insurance is booming. ...
South Korea to Invest $230M in Blockchain Technology Development
The Ministry of Science and ICT of South Korea revealed a Blockchain Technology Development Strategy on June 21st earmarking a total of ...
South Korea: Reports of 10% Tax on Cryptocurrency Gains Are Fake
South Korea's Ministry of Finance has denied reports of 10% income tax on cryptocurrency investments. 10% Tax on Crypto Grains ...
Bithumb Hack: Exchange Confirms It Will Reimburse All Users
South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31.4 million) in this week's ...
South Korean Crypto Exchange Bithumb Hacked, $31.5 Million Stolen
Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of ...
Bank of Korea Not Yet Ready for a Central Bank Digital Currency
Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s ...
