South Korea Unveils its Prosecution Crypto Crime Unit
The South Korean prosecution service has officially established a specialized unit dedicated to combating crypto scams and coin fraud.
South Korea Issues Suspension Order Against Upbit
Upbit, one of South Korea’s largest cryptocurrency exchanges, may face sanctions for not complying with the country’s anti-money laundering and know your customer (KYC) requirements.
BYDFi Joins CODE VASP, Advancing Regulatory Efforts in Korea
Seychelles, Seychelles, 16th December 2024, Chainwire
South Korea Puts Off Crypto Tax
The National Assembly of South Korea has come to a consensus to postpone the implementation of a cryptocurrency tax until 2027.
South Korea Will Regulate Cross-Border Crypto Transactions
According to The Korea Times, the South Korean government is planning to regulate transactions involving virtual assets, including cryptocurrencies.
South Korean Crypto Exchange Bithumb to Go Public on Nasdaq
South Korea’s second largest cryptocurrency exchange, Bithumb, has made a formal announcement of its plans to explore listing on the US Nasdaq.
South Korea’s Regulator Requires Crypto Exchanges to Pay a Supervisory Fee
Major cryptocurrency operators in South Korea will now need to pay a supervisory fee as part of the recently implemented Virtual Asset User Protection Act.
