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Tag: korean

Korean Government Confiscates $47 Million in Crypto From Tax Evaders

June 24, 2021 wp-bot Bitcoin News

South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation,

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Korean Exchanges Delist High-risk Coins as They Face Tough Regulations

June 17, 2021 wp-bot Bitcoin News

Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of

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South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

May 31, 2021 wp-bot Bitcoin News

The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the

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Bank of Korea Seeking Technology to Develop Digital Currency

May 25, 2021 wp-bot Bitcoin News

South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to

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Bank of Korea to Monitor Crypto Transactions Using Financial Records

May 15, 2021 wp-bot Bitcoin News

South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate

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South Korea to Crack Down on Phishing Websites Attacking Crypto Users

May 10, 2021 wp-bot Bitcoin News

South Korean authorities are intensifying their monitoring of phishing activity related to cryptocurrencies. The government has identified a record number of websites trying to obtain

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