Korean

South Korean authorities will levy taxes on cryptocurrencies from 2022

Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki reiterated that the Korean Law on Taxation of Income…

3 years ago

4 Korean banks want to expand crypto custody services

Four South Korean banks plan to expand their crypto custody services as competition in the industry begins to intensify. 4…

3 years ago

Trading volumes plummet on most South Korean cryptocurrency exchanges

The trading volume on South Korean crypto platforms has plummeted - where it is now common for employees and executives…

3 years ago

About 60 South Korean cryptocurrency exchanges are due to close or downsize their services this week

The deadline for crypto exchanges to meet the new regulatory requirements to stay open in South Korea is this week.…

3 years ago

Almost 40 South Korean cryptocurrency exchanges are in danger of being closed

According to Korean's highest financial regulator, the Financial Services Commission (FSC), foreign and domestic exchanges in Korea must apply for…

3 years ago

South Korean police form dedicated crypto teams

More than a dozen South Korean police forces will deploy dedicated crypto investigative units - and prepare for the effects…

3 years ago

South Korean MP Says Government “Don’t Let Monopoly Crypto Exchanges Rise”

A lawmaker for South Korea's ruling party has asked the government to block Upbit, the country's leading cryptocurrency exchange and…

3 years ago

Upbit is the first Korean exchange to apply for an operating license – Cryptocurrency news 2021

Upbit is the first Korean cryptocurrency exchange to formally apply for an operating license. Accordingly, the nation's monetary regulator is…

3 years ago

Upbit is the first exchange to register with the Korean regulator before September

Upbit cryptocurrency exchange is the first to be a part of the Financial Intelligence Unit of Korea (FIU) before the…

3 years ago

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