South Korea
South Korea Clamps Down on Phishing Activity Targeting Crypto Investors: Report
South Korea's Ministry of Science and ICT reports there has been a surge in phishing attempts targeting cryptocurrency users.
South Korea’s Dunamu Pledges Nearly $9M to Protect Crypto Investors: Report
The Upbit operator plans to set up a unit to help prevent fraud and assist victims of crypto crime, among other things.
Digital Currency Group Invests in South Korean Crypto Exchange
DCG has become the second-largest shareholder in blockchain company Streami, operator of crypto exchange Gopax.
South Korea’s Crypto Legal Framework Is Insufficient, Lawmaker Says
Kim Byung-wook said he believes the crypto industry is unique and different from traditional finance.
Taxing Crypto Trading Gains ‘Inevitable,' Says South Korea Finance Minister: Report
Crypto traders’ gains will be subject to 20% tax on profits over 2.5 million won (~$2,250) from January 2022.
Young Koreans Turning to Crypto as Alternative for Creating Wealth
Young employees in their 20s and 30s are reportedly leaving the workforce to pursue riches in crypto trading.
Former Bithumb Korea Chairman Handed Over to Prosecutors
The move may mean the investigation is beginning to intensify.
South Korea's Top Financial Regulator Suggests All Crypto Exchanges Could Be Shut Down
Eun Sung-soo, head of South Korea's chief financial services regulator, said no crypto exchange had applied for its VASP license.
Seoul Seizes Tax Dodgers' Crypto From Exchanges: Report
The department has seized around 25 billion won ($22 million) in digital assets from 676 of the alleged tax evaders.
Bitcoin 'Kimchi Premium' Fades Amid South Korean Exchange Crackdown, Price Sell-Off
The premium measures the spread between bitcoin's price on Korean exchanges and other venues.
