The UK Foreign Office has come under criticism for its lack of action in getting North Korea cryptocurrency conference organizer Christopher Emms out of Saudi Arabia, where he has been stuck since Feb...
Tag: Korea
South Korea Investigate Crypto-Based Transactions Worth $3.1 Billion
South Korean regulators are investigating two of the country’s biggest banks for carrying out $3.1 billion worth of “abnormal” foreign exchange transactions. The banks – Shinhan Bank and Woori Bank – ...
Officials in South Korea Wrap Up Terra (LUNA) Case Raid
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After Terra (LUNA) Collapse, South Korea Plans To Bring Digital Asset Laws!
Since the Terra (LUNA) has seen its collapse in the month of May 2022, it is under close scrutiny of the South Korean investigation. The team had recently even raided 15 crypto firms that included cry...
Starring Joo Won, Netflix’s ‘Carter’ Will Be Released On August 5
Joo Won stars in Netflix’s ‘Carter.’ Netflix Arriving on Netflix on August 5, Carter will be the first major Korean movie from the streaming platformNFLX in the second half of 2022. ...
South Korea Interrogating Leading Banks in Light of Suspicious Activity
6 hours ago | 2 mins read Editors News FSS is investigating South Korea’s leading banks for unethical crypto transactions. FSS requested banks to submit an audit on noteworthy foreign exchange transac...
South Korea Pursues Digital Asset Reform Init…
In the wake of the mid-2022 crypto market collapse, South Korea is pursuing digital asset reform initiatives. According to a press release issued by its financial services commission, the Korean gover...
Do Kwon Is Obliged To Enter South Korea: Country’s Prosecutors Commands
South Korea’s Ministry of Justice banned the officials of Terra from leaving the country. Do Kwon is issued notice to enter the country, who now lives in Singapore. The fall of UST initiated the beari...
South Korea issues notification of arrival for Terra’s Do Kwon
South Korean prosecutors have issued a “notification upon arrival” and travel ban on Terra’s founder and co-founder, Do Kwon, and Daniel Shin, South Korean news outlet donga reported on July 27. A “no...
French Unicorn Vestiaire Collective Launches In South Korea — Expect A New Wave Of ParKo Style
Paris campaign shot from Vestiaire Collective. Vestiaire Collective Pre-owned luxury fashion marketplace Vestiaire Collective has launched a new localized service in South Korea. The move follows its ...
Terra’s Do Kwon handed ‘notice of arrival’ for entering South Korea
South Korean prosecutors investigating the collapse of Terra (LUNA) asked that the Ministry of Justice issue a “notice upon arrival” for Terraform Labs CEO Do Kwon and a travel restriction for Terra c...
Do Kwon Dogged by Fraud Allegations in South Korea
Terraform’s co-founder and former vice president have been issued travel ban notices Co-founder Shin Hyun-seung’s residence was raided by prosecutors last week Do Kwon, the now-infamous founder of the...
Hackers in North Korea Blamed for Harmony Attack
Hackers in North Korea are once again making headlines. They are being blamed for the recent attack on a California-based crypto exchange called Harmony that ultimately resulted in more than $100 mill...
North Korea lambasts the US over link to crypto heist
North Korea has reprimanded the United States over claims of the former’s involvement in crypto cybercrime. The spokesperson of North Korea’s foreign ministry criticized the remarks of the U.S on the ...
Third Terra lawsuit filed just days after South Korea raids crypto exchanges
Law firm Bragar Eagle & Squire has filed a class action lawsuit against TerraForm Labs (TFL), its chief Do Kwon, and relevant parties — the third made so far after the collapse of the Terra token ...
Korea’ Reflect On Their Careers
Park Hae-soo stars as Berlin in ‘Money Heist: Korea – Joint Economic Area.’ Jung Jaegu/Netflix Money Heist: Korea — Joint Economic Area found itself in Netflix’s Global Top 10 chart ...
South Korea postpones crypto tax levy till 2025
South Korea has announced that it has moved its proposed crypto tax imposition on the general public. According to the announcement, the new crypto tax imposition will begin in 2025. This new proposal...
The Most Dedicated CEO in South Korea, Henry Chang, Leads Wemade to New Heights
Wemade, a 22-year-old game developer from South Korea announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5...
South Korea Delays Crypto Tax Until 2025
South Korean authorities have yet again postponed imposing crypto tax until 2025, mentioned in the official announcement. This new proposal aligns with the new President Yoon Suk-yeol’s view, which is...
South Korea Delays Crypto Tax Plans Again, This Time to 2025
South Korea has once again delayed the implementation of a cryptocurrency tax regime. The 20% capital gains tax will now come into effect in 2025. South Korean authorities have decided to postpone tax...
Terra co-founder’s office raided in South Korea on 20 July
The fall of Terra was one of the most unusual events in the history of the global crypto market. Stablecoins were previously considered safe from collapse or an irregular change in value. The market t...
South Korea Proposes to Defer Planned Crypto Tax Until 2025 South Korea Defers Crypto Tax Plans Until 2025
In a tax reform introduced on Thursday, the South Korean government proposed to postpone the planned 20% tax on crypto earnings for two years. If accepted, crypto earnings in South Korea will be taxed...
South Korea Postpones Proposed 20% Crypto Tax until 2025
For the second time in about two years, South Korean lawmakers have postponed the implementation of the crypto tax policy, which seeks to impose a 20% tax on accrued gains from digital currency transa...
After Terra LUNA Crash S. Korea Delays Crypto Tax
The South Korean government announced a big measure for the virtual asset industry. The authority declared that the taxation of cryptocurrency will be postponed for two years. New Taxation to imply in...
South Korea postpones crypto 20% tax until 2025 – Regulations to be put in place first
The South Korean government’s plans to levy a 20% tax on all cryptocurrency earnings has been postponed until 2025. Regulations to protect investors are to be put in place first. It was a rule which s...
South Korea: The LUNA investigation is leading the FSC to check…
Financial watchdogs in South Korea are checking commercial banks’ foreign exchange transactions for the illegitimate use of cryptocurrencies. An unnamed Financial Supervisory Service official said tha...
South Korea defers 20% crypto tax implementation to 2025
The South Korean government on July 21 reportedly postponed the implementation of its 20% crypto tax to 2025, according to South Korean news outlet hankyung. Crypto tax delayed According to the report...
Cryptocurrencies Will No Longer Be Taxed In South Korea For The Next Two Years ⋆ ZyCrypto
Advertisement     The South Korean authorities have further postponed the implementation of its cryptocurrency taxation system for another two years. The government ci...
Cardano Founder Charles Hoskinson Says Terra Investigation In South Korea Heating up Quickly
– Advertisement – Cardano Founder Says South Korea Escalating Terra Investigation Quickly. A day ago, As Reported By The Crypto Basic, a number of South Korean exchanges were raided by gov...
Crypto Exchanges In South Korea Raided By Prosecutors As Part Of Investigations Into Do Kwon’s Terra
– Advertisement – Prosecutors in South Korea have seized transaction records from crypto exchanges as investigations into Terra heat up. At around 5 pm on Wednesday, South Korean prosecu...
Terra Probe Intensifies As S. Korea Crypto Exchanges In New Trouble
The Terra probe continues to bring trouble to the South Korean crypto ecosystem. Reports suggest that the country’s authorities took the investigation a step ahead on Wednesday with latest moves. The ...