Navigating the wild west of cryptocurrency investments can feel like walking through a minefield, especially with the rise of speculative chat rooms promising quick riches. For South Korean crypto investors, change is on the horizon. Lawmakers are stepping in to bring more order to the chaotic world of crypto chat rooms and exchanges. Let’s dive […]
Hold onto your digital wallets, crypto enthusiasts in South Korea! The regulatory landscape is heating up as the Financial Intelligence Unit (FIU), under the watchful eye of South Korea’s Financial Services Commission (FSC), takes decisive action. In a move that sends ripples through the crypto sphere, Korean crypto regulation is tightening its grip, targeting unregistered […]
Are South Korean cryptocurrency investors bracing for a significant market downturn? A recent survey reveals a surge in fear and bearish sentiment among Korean crypto holders, largely fueled by expectations of a looming US recession. Let’s dive into the key findings of this eye-opening survey and explore what it means for the volatile world of […]
Hold onto your hats, crypto enthusiasts! Just when you thought you had your trading strategy locked and loaded for the brand new BABY token listing on Bithumb, things took an unexpected turn. South Korean crypto giant, Bithumb, has just announced a last-minute delay to the highly anticipated launch. Let’s dive into the details of this […]
The saga surrounding Do Kwon, the former CEO of Terraform Labs, takes another dramatic turn. Just when you thought the crypto world couldn’t get any more gripping, news breaks from South Korea: a Seoul court has issued an order to freeze a significant chunk of Do Kwon’s cryptocurrency holdings. This time, it’s not in South […]
The winds of change are blowing strong in the cryptocurrency world, and South Korea is stepping up to take a leading role. Get ready to witness a significant shift in the digital asset landscape as a key South Korean legislator is set to propose a comprehensive digital asset bill next month. This isn’t just another […]
In a disheartening turn of events for creditors, the South Korean bankruptcy court has once again rejected a corporate rehabilitation request for the troubled crypto lending platform, Delio. This marks the second time the Suwon Bankruptcy Court has denied such a plea, further complicating the situation for those seeking to recover their assets. Let’s dive […]
Exciting news for the crypto world coming straight out of South Korea! Upbit, one of the nation’s leading cryptocurrency exchanges, has just made a groundbreaking announcement. They’re now enabling government agencies to establish accounts for virtual asset transactions. Yes, you heard that right! Imagine the Prosecution Service, the National Tax Service, and even local governments […]
In a move that’s sending ripples of optimism through the South Korean crypto market, Upbit’s parent company, Dunamu, has scored a significant legal triumph. The Seoul High Court has just cancelled a hefty 13.4 billion won, approximately $9.2 million, in corporate and income taxes initially slapped on them by the National Tax Service (NTS). This […]
Exciting news for crypto enthusiasts in South Korea! Imagine a world where your favorite Korean crypto exchange isn’t limited to just one banking partner. That could soon become reality as South Korean financial authorities are seriously exploring allowing cryptocurrency exchanges to team up with multiple banks. This potential shift, driven by calls for increased competition […]
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