South Korea

Korea regulators pressure banks to release details on digital currency exchange clients
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11 May, 2021

Korea regulators pressure banks to release details on digital currency exchange clients

Regulators in South Korea have told the country’s banks to disclose details of their dealings with local digital currency firms,...
Block reward miners in South Korea getting tax break under new scheme
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9 May, 2021

Block reward miners in South Korea getting tax break under new scheme

Companies involved in block reward mining may enjoy a significant tax break when South Korea’s new digital currency tax regime...
South Korea regulator warns employees to file digital currency returns
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1 May, 2021

South Korea regulator warns employees to file digital currency returns

Employees of the Financial Services Commission who deal with digital currencies must file reports on their personal digital currency holdings.
South Korea Daybit exchange to shut down as regulations take toll
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30 April, 2021

South Korea Daybit exchange to shut down as regulations take toll

Daybit cited the toughened regulations that seem to only favor the big exchanges, while pushing the smaller rivals out of...
Ex-Bithumb chief linked to alleged ICO fraud handed over to South Korea prosecutors
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30 April, 2021

Ex-Bithumb chief linked to alleged ICO fraud handed over to South Korea prosecutors

In addition to the alleged ICO fraud, Lee Jung-hoon is also under investigation for alleged fraud, tax evasion and transferring...
South Korea gaming firm Gamevil buys stake in Coinone exchange
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25 April, 2021

South Korea gaming firm Gamevil buys stake in Coinone exchange

Gamevil, a publicly listed firm, has bought a stake in Coinone, South Korea’s third largest digital currency exchange.
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