Leading South Korean carrier SK Telecom has developed the first nationwide Internet of Things network to make the country even more connected.
The coalition of the top five South Korean exchanges conspired against the WEMIX token, WeMade says.
A prominent South Korean crypto personality has been rearrested alongside an accomplice for orchestrating a massive $47M fraud scheme involving the Artube token while awaiting trial for previous charges.
HSBC has agreed to “unintentional breaches” in a naked short selling charge in South Korea.
South Korea’s newly established Digital Asset Protection Foundation has initiated the recovery of user assets from collapsed cryptocurrency exchanges, working with eight crypto firms to transfer and return funds to affected users.
The newly instituted martial Law in South Korea has forced selloffs in the broader crypto market
Investors may be permitted to use up to 50% of their sale price as a proxy for determining their original purchase price when precise records are unavailable.
Paju’s measures are part of a larger nationwide effort to curb tax evasion facilitated through digital assets.
Police in South Korea arrested a large group of schemers who were part of a cryptocurrency investment scam that received over $230 million.
South Korea introduces stringent pre-registration and monthly reporting requirements for businesses in cross-border crypto transactions.
Due to a lack of clarity surrounding crypto gain taxation, there have been growing concerns among crypto investors in the country, which has even affected the prices of major cryptocurrencies.
Byun has been consulting SBI Digital Markets since 2023, so his association with the company is not new.
The listing of BEAM aligns with Upbit’s strategy to diversify its offerings and support innovative blockchain projects.
The warning stated that June 30 had been earmarked for reporting overseas financial holdings.
The unit, which was launched last July, is South Korea’s inaugural crypto-focused investigative body.
The South Korean government is about to roll out new guidelines to impose stricter regulation for token listings on centralized crypto exchanges (CEXs) as soon as next month.