South Korea | ForkLog

ForkLog 14 06.05.2021

South Korean exchange suspected of $1.5 billion fraud

South Korea's police have begun investigations into the cryptocurrency exchange V Global, suspected of fraud, local media report.

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ForkLog 14 03.05.2021

South Koreans back tax on cryptocurrency traders

More than half of Realmeter's survey participants supported introducing a capital gains tax on cryptocurrency trading in South Korea.

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ForkLog 18 27.04.2021

Media: South Korea’s youth distracted from work by Bitcoin price charts

A surge of interest in cryptocurrencies threatens South Korea's labour market with a shortage of young workers.

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ForkLog 18 26.04.2021

Case of former Bithumb chief referred to South Korean prosecutors

The Seoul Metropolitan Police Agency has handed the case of the former Bithumb CEO Lee Jong-hoon to the South Korean Prosecutor's Office. CoinDesk reports.

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ForkLog 13 23.04.2021

Seoul residents’ cryptocurrency worth $22m seized over tax evasion

The Seoul government seized digital currency worth 25 billion won ($22 million) from private individuals and company executives who evaded taxes.

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ForkLog 10 19.04.2021

Gamevil to become a shareholder in cryptocurrency exchange Coinone

The game developer Gamevil will acquire 13% stake in the local cryptocurrency exchange Coinone for 31 billion won (~$28 million). The Block reports, citing the local financial disclosure website.

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ForkLog 35 19.04.2021

South Korea to tighten controls over illicit cryptocurrency transactions

South Korea's regulators will join forces to combat illicit transactions in digital assets.

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ForkLog 16 07.04.2021

Kimchi premium on Bitcoin in South Korea narrows to 9%, then rebounds to 15%

The Kimchi premium on South Korea's crypto exchanges relative to global values halved as Bitcoin's price fell. The so-called Kimchi premium later rebounded to 15%.

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ForkLog 21 05.04.2021

Bitcoin price on South Korean exchanges reaches $66,500 in local currency

Bitcoin price on local South Korean exchanges Bithumb and Korbit rose to $66,500 in USD terms, and the so-called 'kimchi premium' exceeded 15%.

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ForkLog 6 02.04.2021

South Korea’s authorities sold seized bitcoins for $10.8 million

South Korea's prosecutors raised more than $10.8 million from the sale of assets seized from a convicted criminal in Bitcoin.

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ForkLog 27 23.03.2021

OKEx to close Korea branch

The cryptocurrency exchange OKEx warned South Korean users about the closure of the local branch. The company did not specify the reason.

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ForkLog 19 23.03.2021

South Korea tightens oversight of the cryptocurrency industry

As of March 25, companies involved with digital assets in South Korea are required to comply with anti-money-laundering requirements, according to the Financial Services Commission (FSC).

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#South Korea