
South Korea
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
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
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
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
The Financial Supervisory Service has discovered KRW1.6 trillion ($1.2 billion) of forex transactions at five Woori Bank branches. Another KRW2.5...
South Korea: 2 banks face probe over failure to report digital currency trading gains
The remittances sent abroad are worth over KRW2 trillion and were said to have been made by trading the Kimchi...
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