South Korean Authorities Seize $22M in Crypto From Tax Evaders in Seoul
The government of South Korea's capital Seoul has seized $22 million in cryptocurrencies owned by tax evaders.
SOUTH KOREA
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South Korea Intensifies Crackdown on Illegal Crypto Activities Amid Market Boom
Several South Korean financial authorities are planning to join forces to combat illegal operations involving cryptocurrencies like Bitcoin.
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Shinhan Bank and LG CNS Develop Blockchain-based CBDC Pilot Platform in South Korea
South Korean bank Shinhan has announced the Central Bank Digital Currency (CBDC) pilot's completion in association with LG CNS.
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South Korean Officials Press Fraud Charges Against Coinbit Executives for Alleged Price Manipulation
According to a local South Korean media outlet, Coinbit's executive are charged for wash trading and fraud, therefore suspecting to price manipulations
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South Korea to Enforce 20% Crypto Tax Starting January 2022
The South Korean government postpones the implementation of the crypto tax laws to January 2022 on 30th November.
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South Korea Delays Cryptocurrency Income Tax Law to 2022
South Korea Delays Cryptocurrency Income Tax Law to 2022 South Korea, a global hub for cryptocurrency innovation, has postponed the implementation of its.
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KT Corporation to Launch South Korea’s First Blockchain-Based Online Mall in Busan
KT Corporation to Launch South Korea’s First Blockchain-Based Online Mall in Busan KT Corporation, South Korea’s largest telecommunications company, is taking a bold.
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South Korea’s KISA Implements Blockchain-Powered Employee ID System
South Korea’s Korea Internet & Security Agency (KISA) is set to become the nation’s first public entity to launch a blockchain-powered employee ID.
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South Korea’s Largest Crypto Exchange, Bithumb, Raided Amid Fraud Allegations
South Korea’s largest cryptocurrency exchange, Bithumb, faced a significant blow on September 2, 2020, as police raided its headquarters in Seoul. The raid.
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Jeju Island Adopts Blockchain-Based Contact Tracing System for 15 Million Annual Tourists
Jeju Island Adopts Blockchain-Based Contact Tracing System for 15 Million Annual Tourists South Korea’s iconic tourist destination, Jeju Island, is taking innovative steps.