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South Korea

South Korean giant Hanwha takes minority stake in Upbit
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9 February, 2021

South Korean giant Hanwha takes minority stake in Upbit

In a deal reported to be worth $52 million, Hanwha has invested through its brokerage arm, which will acquire 2.06...
Huobi Korea secures KISA certification ahead of upcoming Special Payments Act
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20 January, 2021

Huobi Korea secures KISA certification ahead of upcoming Special Payments Act

Digital currency exchange Huobi has secured the backing of regulators in South Korea, following the decision to award Huobi Korea...
South Korea digital currency tax on track for 2022
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12 January, 2021

South Korea digital currency tax on track for 2022

Qualifying transactions will be subject to a tax rate of 20%, according to the Ministry of Economy and Finance, which...
Coinbit: South Korea exchange execs charged over wash trading
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10 December, 2020

Coinbit: South Korea exchange execs charged over wash trading

Authorities in South Korea have brought on market manipulation charges against the executives of Coinbit digital currency exchange.
PlusToken scam: China seizes $4.2B in digital currencies
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2 December, 2020

PlusToken scam: China seizes $4.2B in digital currencies

Court documents from the Jiangsu Yancheng Intermediate People's Court revealed that Chinese police had seized over $4.2 billion in digital...
South Korea approves digital currency tax delay
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1 December, 2020

South Korea approves digital currency tax delay

What was originally rumored, has officially been approved. On November 30th, the South Korean Strategy and Finance Committee approved an

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