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Tag: South Korea

South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

July 3, 2021 wp-bot Bitcoin News

One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the

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Bithumb to ban employees from trading crypto on its platform

July 2, 2021 wp-bot Cointelegraph

After introducing staff-related trading restrictions a while ago, Bithumb will soon completely ban its employees from using its platform to trade crypto.

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Korean Crypto Exchanges Consider Suing Government Over Banking Requirements

June 29, 2021 wp-bot Bitcoin News

All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A

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Crypto exchanges could sue Korean gov’t for ‘passing the buck‘ to banks

June 28, 2021 wp-bot Cointelegraph

With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are threatening to sue the government

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Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests

June 28, 2021 wp-bot Bitcoin News

Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local

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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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