Sam Bankman-Fried, the founder of cryptocurrency exchange FTX is accelerating his acquisition spree with plans to acquire the South Korean-based Bithumb crypto exchange. The acquisition was confirmed...
Tag: South
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 ...
South Korean Prosecutors Raid Home of Terraform Labs Co-Founder – Regulation Bitcoin News
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the ...
South Africans Are Willing To Invest in Crypto If Local Banks Get Involved
A survey conducted by Merchants, a Johannesburg-based company, revealed that 53% of South Africans possess no knowledge of cryptocurrencies. Just 14% have considerable knowledge. 23% of them are neutr...
Sardinia’s Eclectic Wine Regions—The South, West And East
This is the second of two articles about various Sardinian wine regions—highlighting locations in the south, as well as in the west and east of this island. The first article highlights northern Sardi...
South Korean Prosecutors Raid Daniel Shin- Allegations Concern the LUNA Crash
The house of Daniel Shin was raided by the authorities to investigate the illegal activity behind Terra’s collapse. As reported in a Bloomberg article. Chai Corp, a payment app by Co-founder of Terraf...
Half of South Africans Will Invest in Crypto If Banks Provided Such Services: Survey
Merchants’ consumer survey found out that 53% of the South African participants have little to no knowledge of cryptocurrencies. Interestingly, almost half of the respondents said they would be more o...
FTX Attempting To Purchase South Korea’s Second-Largest Crypto Exchange: Report
A new report claims an FTX deal to buy the South Korean crypto exchange Bithumb is currently in “advance talks.” According to a new report from Bloomberg, a person familiar with the matter says the tw...
FTX Rumored to Be in Talks to Purchase South Korean Exchange Bithumb
FTX is rumored to be in talks with South Korean exchange Bithumb over a possible acquisition. The talks are at an advanced stage, says one source, and have been taking place over the last few months. ...
Bankman-Fried’s FTX In Advanced Talks to Acquire South Korea’s Bithumb
FTX, a global cryptocurrency exchange headquartered in the Bahamas, is in talks to acquire its rival Bithumb, South Korea’s leading cryptocurrency exchange, according to people familiar with the matte...
FTX All Set To Acquire South Korea’s Largest Exchange, Bithumb
2 hours ago | 2 mins read Exchange News Morgan Stanley was preparing to acquire Bithumb for $441 million in March. FTX bought the Japan-based exchange Liquid early this year. According to a report fro...
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...
Sam Bankman-Fried’s FTX May Buy South Korean Crypto Exchange Bithumb: Report
This crypto winter, rumors of FTX rescuing or acquiring struggling crypto companies have proliferated—and now South Korean crypto exchange Bithumb is said to be on FTX CEO Sam Bankman-Fried’s shopping...
Sam Bankman-Fried Led FTX In Talks To Purchase South Korea’s Bithumb
Sam Bankman-Fried-led FTX is continuing to acquire and expand in the crypto space, with reports emerging that the exchange is in talks to acquire Bithumb. The exchange has also backed a slew of crypto...
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’s Anipen raised US$8.8 million in series C –
The company will close its Series round after reaching a set target of 20 million Korean won Currently, the company stands at 11 billion Korean won, which was about 13 million Korean won last year Ani...
FTX in talks to buy South Korea-based Bithumb
Leading crypto exchange FTX is reportedly in talks to purchase South Korea-based Bithumb, Bloomberg News reported July 22. The two companies have reportedly been in talks for months, and there are ind...
FTX Reportedly in Talks to Buy South Korean Exchange Bithumb
Conversations about the acquisition have been ongoing for several months, according to Bloomberg Founded in South Korea in 2014, Bithumb has grown to become one of South Korea’s “big four” cryptocurre...
FTX is reportedly looking to buy South Korean crypto exchange Bithumb
FTX, the cyptocurrency exchange firm founded by crypto billionaire Sam Bankman-Fried, is looking to acquire South Korea-based crypto platform Bithumb. Reports of the potential acquisition surfaced on ...
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...
South Korean Prosecutors Intensify Investigations Against Terra & Do Kwon
It’s been more than two months since Terra (LUNA) collapsed, but the investigation around its founder Do Kwon does not seem to end. As per the recent developments, co-founder of TerraForm Labs, Danie...
South Korean Prosecutors Raid Crypto Exchanges in Association with TerraLUNA Investigation
South Korean prosecutors have executed raids on seven local crypto exchanges as part of the ongoing investigation into Terraform Labs’ activities. Search and seizure operations have been carried out o...
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...
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...
7 South Korean Crypto Exchanges Raided In Connection with TerraUSD Crash: Report
Transaction records and other documents were taken from Upbit, Bithumb, Coinone on Wednesday Do Kwon’s tax records were reportedly obtained from authorities to check whether he evaded taxes Cryptocurr...