“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an
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FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to
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Majority of Korean crypto exchanges to shut down this month, insiders say
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.
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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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Korean crypto ‘Jedi Master’ plans to launch second VC blockchain fund
Blockchain VC investment firm Hashed is seeking $173 million for a second fund.
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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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