South Korea’s recent declaration of martial law has roiled global cryptocurrency markets, sending shockwaves through trading activity and triggering significant price volatility. South Korea’s Martial
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BTC/KRW pair dipped 30% as South Korea’s president declared martial law
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament.
Read moreSouth Korea’s Democratic Party agrees to delay crypto tax by 2 years
South Korea’s Democratic Party previously pushed back against another delay, saying it was a political trick by the ruling party.
Read moreSouth Korea confirms North Korea behind $50M Upbit hack
South Korea said North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at
Read moreSouth Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.
Read moreFireblocks partners with South Korean bank on VAT tokenization
Fireblocks extends its services with the tokenization of tax refunds through NongHyup Bank.
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