South Korea

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

Facebook fined $6.1M in South Korea for sharing user data without consent
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1 December, 2020

Facebook fined $6.1M in South Korea for sharing user data without consent

South Korean authorities have been investigating Facebook since 2018 following the Cambridge Analytica scandal, according to reports.
South Korea to delay digital currency tax law until January 2022
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26 November, 2020

South Korea to delay digital currency tax law until January 2022

Digital currency holders in South Korea have been granted an extra three months before a new taxation rule is implemented.
Bithumb shuts down Seoul office due to COVID-19
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25 November, 2020

Bithumb shuts down Seoul office due to COVID-19

The South Korean exchange cited the increasing COVID-19 infections and more stringent social distancing rules as the reasons for closure.
Huobi eyes takeover of South Korea exchange Bithumb
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20 November, 2020

Huobi eyes takeover of South Korea exchange Bithumb

Bithumb shareholders are reportedly open to the idea, which would see Huobi carrying on the business of Bithumb in South...
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