South Korea

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.
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.
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