Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As
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LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea
PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement
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Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb
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Coinone will stop withdrawals to unverified external wallets
The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.”
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Major Korean Exchanges Secure Real-Name Account Arrangements With Local Banks
Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although
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Bithumb to Ban Foreign Traders Failing Mobile Phone Identification
South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the
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