
South Korea
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17 July, 2021
South Korean internet companies vie for digital currency pilot
Subsidiaries of Naver and Kakao are reported to have submitted proposals to run the 10-month blockchain pilot program, which will...
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16 July, 2021
South Korea FSC: Overseas exchanges must register with AML body
The head of the Financial Services Commission said that these exchanges must comply with the revised laws that requires exchanges...
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8 July, 2021
Former Bithumb chair indicted in South Korea amid claims of fraud, false promises
Prosecutors in Seoul have indicted former chairman of Bithumb Holdings Lee Jung-hoon on fraud charges, while a former partner involved...
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7 July, 2021
Digital currency exchanges threaten to sue South Korea gov’t over regulatory ‘buck pass’
New rules being implemented by the Financial Services Commission are reported to be causing significant worries for smaller digital currency...
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29 June, 2021
South Korea seizes $47M from alleged digital currency tax evaders
Authorities in South Korea have seized KRW53 billion ($47 million) from digital currency holders who have been accused of evading...
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18 June, 2021
Bank digital currency clients to be considered ‘high risk’ in latest South Korea crackdown
The new rules will impact on some 60 unauthorized exchanges in the country, as well as forcing banks to regard...