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Tag: south korean

Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks

July 7, 2021 wp-bot Bitcoin News

South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats

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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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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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South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments

April 28, 2021 wp-bot Bitcoin News

As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities.

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Former Employees From Major South Korean Firms Quit Their Jobs After Pocketing Millions in Crypto Profits

April 24, 2021 wp-bot Bitcoin News

South Korea’s crypto-sphere has been witnessing a volatile environment in terms of regulatory moves, as bitcoin prices and other altcoins are also having wild moves.

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