Latest Korea Customs Service News

Pile of gold coins with a pair of handcuffs on a black background. — Photo

Business 11 March 2023

South Korea logs $4.3B worth of illegal digital currency transactions in 2022

Amid stern regulations, illegal digital currency transactions in South Korea remain high, with authorities registering over $4 billion in 2022 as demand for foreign digital assets grows.

Business 15 October 2021

South Korea unregulated digital currency forex transfers hit record high at $677M

In the first eight months of the year, South Korea saw forex transfers via digital currencies hit a record high as regulators warn of illicit activities.