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You Searched For "crypto south korea" and got 19 results


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Terra cofounder Daniel Shin targeted for arrest again in South Korea's crypto crackdown

South Korean prosecutors are doubling down on efforts to arrest Terra's Daniel Shin, following frau…

Zinya Salfiti   


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The cofounder of Terraform Labs was indicted by South Korea on charges related to the $60 billion crypto crash, report says

Shin's lawyer said that the exec has "nothing to do with the Terra, Luna collapse as he left the co…

Morgan Chittum   


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South Korea’s new crypto bill is likely to impose stricter controls on exchanges

The government of South Korea may be looking to implement a new licensing framework that forces cry…

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4 mins read

South Korea’s crypto regulations are tightening around investors and exchanges alike

South Korea is continuing its crackdown on crypto. But don’t let the word ‘crackdown’ fool you. The…

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South Korea is open to cryptocurrencies and making an effort to regulate them, but crypto exchanges still aren't happy

South Korea’s crypto industry is undergoing one of the biggest shake-ups in history. The past four …

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Not just China, South Korea is betting big on metaverse too – plans to spend $187 million to build its national ecosystem, form a Digital New Deal

South Korea wants to become the fifth-largest metaverse market in the world by 2026. Seoul aims to …

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Smaller crypto exchanges in South Korea will be closing their doors in the next 24 hours

The new tax code, which has faced some controversy, seeks to levy 20% tax on income …

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4 mins read

After seizing $47 million from crypto tax dodgers, South Korea is looking to tighten the net

Cryptocurrencies will no longer serve as a tax haven for investors in South Korea. The tax authorit…

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Metaverse ETFs are booming in South Korea amid retail trader demand

Four of South Korea's metaverse ETFs have rallied more than 24% since October, Bloomberg said in it…

Natasha Dailey   


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South Korea is cracking down on unregistered crypto exchanges - just as the 'bitcoin kimchi premium' hits a 4-month low

South Korean regulators urged foreign crypto exchanges to register with them, or risk being shut do…

Sophie Kiderlin   


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South Korea will hit cryptocurrency transactions with a 20% tax starting next year

Capital gains on crypto transactions must be reported on general income taxes in May 2023, accordin…

Carla Mozée   


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Hackers tied to North Korea stole $630 million in crypto last year in their biggest haul ever, UN reportedly finds

"It isn't a stretch to say that cryptocurrency hacking is a sizable chunk of the nation's economy,"…

George Glover   


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Goodbye bitcoin 'kimchi premium'? Regulator says all 200 of South Korea's crypto exchanges could be shut down, report says

Under new regulations, all 200 of South Korea's crypto exchanges could be shut down according to re…

Sophie Kiderlin   


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South Korea reports over 400,000 new COVID-19 cases in the last 24 hours

South Korea reported a record high of 4,00,741 new Covid-19 cases in the last 24 hours, raising the…

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Elon Musk's crypto interview was broadcast on the South Korean government's YouTube channel that was hacked and renamed 'SpaceX Invest'

The breach on Saturday morning is the fourth time in the last two weeks that a YouTube channel run …

Matthew Loh   


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Terra founder Do Kwon faces an arrest warrant in South Korea for alleged capital markets law violations

A court in Seoul issued the warrant for Do Kwon and five others, according to a text message from t…

Phil Rosen   


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3 mins read

South Africa’s $4 billion in crypto scams has regulators scrambling to bring in new regulations within the next three to six months

The second phase will involve coming out with investor-protection guidelines and rules for m…

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A South Korean presidential candidate is turning to NFTs to raise campaign funds for the country's election in March

Lee Jae-myung's party will issue NFTs bearing his image and his policies in exchange for monetary c…

Isabelle Lee   


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South Korean banks are creating custody companies to deal with cryptocurrencies — without having to touch the asset itself

Previously, the exchanges offered independent wallet-like services to store a users’ holding…