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South Korea

Business

Wahid Pessarlay

19 August, 2022

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets...

South Korea: Financial authorities to review digital asset legislation

Business

Wahid Pessarlay

17 August, 2022

South Korea: Financial authorities to review digital asset legislation

Financial Services Commission Chair Kim Joo-hyun said the commission will maintain a balance that fosters innovation in blockchain development while...

South Korea bust 3 in connection with $3B digital asset-related probe

Business

Wahid Pessarlay

16 August, 2022

South Korea bust 3 in connection with $3B digital asset-related probe

The Daegu District Prosecutor's Office brought several charges on the three as they were alleged to have set up paper...

Samsung signs MoU deal to give new NFT project offline utility

Business

Wahid Pessarlay

13 August, 2022

Samsung signs MoU deal to give new NFT project offline utility

Holders of the Samsung NFTs can access discounts when they finalize the purchase of the company's Galaxy S22 series and...

South Korea’s tax agency vows to tighten digital assets tax evasion loopholes

Business

Wahid Pessarlay

11 August, 2022

South Korea’s tax agency vows to tighten digital assets tax evasion loopholes

The NTS is also looking into individuals using digital assets to evade inheritance and gift taxes, as well as online...

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

Business

Wahid Pessarlay

30 July, 2022

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...

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Jordan Atkins

17 Sep 2025

South Korea

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea: Financial authorities to review digital asset legislation

South Korea bust 3 in connection with $3B digital asset-related probe

Samsung signs MoU deal to give new NFT project offline utility

South Korea’s tax agency vows to tighten digital assets tax evasion loopholes

South Korea: FSS probe into banks finds $3.1B digital assets linked to forex transactions

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