South Korea

Seoul seizes $22M from digital asset exchange accounts over back taxes
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23 April, 2021

Seoul seizes $22M from digital asset exchange accounts over back taxes

The Seoul metropolitan government said this week it had found and even seized such assets from over 600 "tax delinquents"—individuals...
The CoinGeek Pulse Episode 41: Digital currency update, Snowden NFT sells for over $5.5M and SLictionary NFTs
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23 April, 2021

The CoinGeek Pulse Episode 41: Digital currency update, Snowden NFT sells for over $5.5M and SLictionary NFTs

Is there trouble in the digital currency paradise? With significant movement happening in the space, governments around the world are...
South Korea pledges crackdown on money laundering via digital currencies
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23 April, 2021

South Korea pledges crackdown on money laundering via digital currencies

The South Korean government is reportedly preparing to ramp up regulation against digital currency, in a bid to more readily...
Blockchain-based COVID-19 vaccine passports coming to South Korea
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10 April, 2021

Blockchain-based COVID-19 vaccine passports coming to South Korea

Prime Minister Chung Sye-kyung said the vaccine passport is built on blockchain technology to ensure security from possible identity theft.
South Korea new AML rules for digital currency comes into effect
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26 March, 2021

South Korea new AML rules for digital currency comes into effect

Senior officials in South Korea have approved measures that will introduce a raft of new anti-money laundering provisions for digital...
Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report
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25 March, 2021

Naver joins Morgan Stanley, Visa and JPMorgan in eyeing Bithumb stake: report

South Korea’s biggest internet company Naver has joined the race to acquire a stake in Bithumb digital currency exchange.
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