Thursday, January 20, 2022
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South Korea

The initial crypto-trust firm receives a security certificate from South Korea

If a firm wants to flourish in the digital currency sector’s present legal climate, it must focus on regulation and compliance. To...

South Korea: Crypto-bank decries lack of ‘clear authoritative interpretation’

The Special Provisions Act is set to come into effect from 25 September in South Korea and this has left many exchanges...

GME Remittance Joins RippleNet to Accelerate and Scale Payments from South Korea into Thailand

Today, we’re excited to announce that Global Money Express Co. Ltd (GME Remittance), one of the largest non-bank remittance service providers in...

South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes

Korean Government Wants Ability to Seize and Sell Cryptocurrencies of Delinquent Taxpayers South Korea’s finance ministry announced the...

Unlicensed digital currency exchanges will be penalized in South Korea

The South Korean government previously said that digital currency exchanges that do not file with the nation's authorities by September 24 would...

South Korea seizes $47M from alleged digital currency tax evaders

Authorities in South Korea have seized KRW53 billion ($47 million) from digital currency holders who have been accused of evading taxes. The...

South Korea Seizes over $47 Million Worth in Cryptos from Tax Evaders

The officials from the Gyeonggi provincial government in South Korea launched a massive crackdown on tax evaders who used cryptocurrencies to hide...

To comply with government regulations, South Korean digital currency exchanges are reducing their trade lists

South Korean platforms are progressively cleaning out their trade listings in order to comply with government restrictions on the digital currency industry.

A South Korean governor has become the nation’s first leader to make public his digital currency investment

Despite the political instability in South Korea as a result of crypto-related legislation, a prominent senator has come forward to announce that...

South Korea to Impose a 20% Tax on Crypto Mining Activities

The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto...

Latest news

Web3 ‘Proof of attendance’ startup raises $10M to mint shared memories as NFTs

If blockchains are immutable records of our digital history, what kinds of history do we want to inscribe on them? Predictably, most...

MiamiCoin has now raised $24.7 million… but who will benefit?

Recently, Cointelegraph spoke to Miami Mayor Francis Suarez following the announcement that Miami residents with a digital wallet can earn a Bitcoin dividend.

CoinMarketCap finally reaches out to SHIB devs to fix ‘wormhole’ contract issues

It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community...

The SEC has issued $2.4B in crypto-related penalties since 2013

The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset...

Moody’s says that El Salvador’s ratings have not been affected as a result of President Bukele’s retaliatory tweet

On Sunday, January 17, El Salvador President Nayib Bukele turned to Twitter in response to a rating agency Moody's warning. According to...
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