Seoul, South Korea: In a definitive ruling that clarifies a significant gray area in digital asset regulation, a South Korean court has determined that cryptocurrency received as a prize from a trading event hosted by an exchange is fully taxable income. This landmark decision, reported by Digital Asset, rejects a taxpayer’s appeal for a substantial […]
Gwangju, South Korea – April 2025: South Korean prosecutors have issued a firm denial of any internal collusion following the shocking loss of seized Bitcoin valued at approximately 40 billion won ($29 million). The Gwangju District Prosecutors’ Office confirmed it has initiated a rigorous internal inspection targeting five of its investigators in connection with the […]
Washington D.C., January 27: In a crucial development for international trade, former President Donald Trump stated he would work with South Korea to find a solution regarding his proposed tariff increases on the country’s products. This announcement, made to reporters at the White House before departing for Iowa, signals a potential de-escalation following his declaration […]
Seoul, South Korea – January 30, 2025: In a move impacting a segment of the Asian cryptocurrency market, leading South Korean exchange Bithumb has announced a planned, temporary suspension of deposit and withdrawal services for the Neo (NEO) and Gas (GAS) tokens. The halt is scheduled to commence at 9:00 a.m. UTC on Monday, February […]
Seoul, South Korea – January 27, 2025: In a significant development for the Asian digital asset landscape, the prominent South Korean cryptocurrency exchange Coinone has officially announced the listing of the SENT token. Trading against the Korean won (KRW) will commence at 3:00 a.m. UTC on January 28. This move provides direct fiat on-ramp access […]
Seoul, South Korea, January 28, 2025: In a move impacting its user base, leading South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of all deposit and withdrawal services for the dYdX (DYDX) token. The suspension is scheduled to commence precisely at 8:00 a.m. UTC on Thursday, January 30. This operational pause is not […]
Gwangju, South Korea – January 27, 2026: In a startling revelation that exposes significant vulnerabilities in institutional cryptocurrency management, South Korean prosecutors have located a lost Bitcoin wallet containing 320.88 BTC, valued at approximately $29.8 million. The funds, presumed lost by the Gwangju District Prosecutors’ Office, were traced to an unidentified wallet address where they […]
Seoul, South Korea – May 2025: In a landmark shift for the Asian cryptocurrency sector, the South Korean government is finalizing plans to reauthorize Initial Coin Offerings (ICOs) for corporations, effectively reversing a comprehensive ban that has stifled domestic blockchain innovation for nearly nine years. This pivotal move, first reported by Newsis, introduces a rigorous […]
Seoul, South Korea – October 2025: In a shocking security failure that has rocked the nation’s legal and financial sectors, South Korean prosecutors confirmed the loss of 320 Bitcoin (BTC) in a sophisticated phishing attack. The incident, which occurred in August 2025 but was only discovered during a recent staff handover, represents a catastrophic breach […]
Washington D.C., March 21, 2025: In a move that sent immediate shockwaves through global financial markets, former President Donald Trump announced his intention to raise tariffs on goods imported from South Korea to 25%. The stunning declaration, framed as a response to what he termed “delays and bad faith” in ongoing trade negotiations, marks a […]
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