South Korea

South Korea gives nod to ‘crypto’; Upbit faces hefty fines
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25 February, 2025

South Korea gives nod to ‘crypto’; Upbit faces hefty fines

Institutional investors can start cashing digital assets out in H1 and access all the other services in H2 as FSC...
South Korean city rolls out new system targeting tax evaders
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13 February, 2025

South Korean city rolls out new system targeting tax evaders

Gwacheon city has been confiscating digital assets from tax cheats, seizing $205,000 in the past five years, with over a...
South Korea issues digital IDs secured by blockchain
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24 January, 2025

South Korea issues digital IDs secured by blockchain

South Koreans aged 17 or older can store their digital IDs on their smartphones for the first time in a...
South Korean exchanges fear sanctions due to Upbit clampdown
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24 January, 2025

South Korean exchanges fear sanctions due to Upbit clampdown

Smaller exchanges fear they will face stricter sanctions as Upbit, the largest operator, faces withdrawal limitations and tough fines to...
South Korea not ready to allow firms to hold digital assets
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20 January, 2025

South Korea not ready to allow firms to hold digital assets

South Korea’s FSC was to allow corporates to invest in digital assets, but it now says it needs more time;...
Asia tops digital currency adoption; Thailand seizes BTC miners
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17 January, 2025

Asia tops digital currency adoption; Thailand seizes BTC miners

A report has placed Asia as the leading continent for global digital currency adoption; meanwhile, Thai police have confirmed the...
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