South Korea

Bithumb ramps up anti-money laundering protections
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12 March, 2021

Bithumb ramps up anti-money laundering protections

The new measures include enhanced Know-Your-Customer verification processes, as well as the introduction of new specialized blockchain intelligence technologies.
South Korea’s K Bank aims for digital currency-fueled IPO in 2022
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7 March, 2021

South Korea’s K Bank aims for digital currency-fueled IPO in 2022

The South Korean startup bank is said to be experiencing rapid growth from its services, which senior executives think could...
South Korea back on track to roll out 20% digital currency tax by 2022: report
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26 February, 2021

South Korea back on track to roll out 20% digital currency tax by 2022: report

South Korea is reportedly bringing forward—yet again—plans for a tax on digital currency profits, which will see gains liable to...
Bitcoin SV joins Bithumb’s ‘7th Anniversary Airdrop Party’
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22 February, 2021

Bitcoin SV joins Bithumb’s ‘7th Anniversary Airdrop Party’

Bithumb, considered to be one of the top digital currency exchanges in South Korea, is giving away free Bitcoin SV...
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...
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