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South Korea

Korbit exchange will soon seize assets to pay crypto fraud victims
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23 January, 2020

Korbit exchange will soon seize assets to pay crypto fraud victims

The updated terms of service allows Korbit exchange to seize funds and cryptocurrency from its users at the direction of...
South Korea considering an income tax for crypto gains
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21 January, 2020

South Korea considering an income tax for crypto gains

The government might impose a 20% tax on personal revenue from crypto holdings
Bithumb takes $69M crypto tax bill to South Korea court
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17 January, 2020

Bithumb takes $69M crypto tax bill to South Korea court

Bithumb has filed a complaint with a court in South Korea, as it seeks to nullify a $69 million bill...
Bithumb invests $8M in South Korea’s regulatory sandbox
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12 January, 2020

Bithumb invests $8M in South Korea’s regulatory sandbox

Bithumb plans to invest $8M in the country’s regulatory sandbox in the crypto-friendly city of Busan, the first time an...
This week in tech: Criminals booked as IBM and Telefonica lead adoption
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12 January, 2020

This week in tech: Criminals booked as IBM and Telefonica lead adoption

The week witnessed a number of legal actions against blockchain and crypto criminals, led by the DoJ. IBM, Telefonica and...
CFTC, South Korea crack down on fraud crypto scheme
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9 January, 2020

CFTC, South Korea crack down on fraud crypto scheme

The CFTC and the South Korean gov’t are pursuing Ben Reynolds, the operator behind Control-Finance crypto scam who’s vanished since...
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