South Korea’s Authorities Raid Company of Terraform Labs’ Co-founder
South Korean prosecutors have raided a payments company founded by Terraform Labs co-founder Daniel Shin.
FTX Helps Launch a Crypto Exchange in South Korea
The South Korean city of Busan has just signed an agreement with crypto exchange FTX.
South Korean Authorities Ask Crypto Exchanges to Get Licensed Before September 24
Cryptocurrency exchanges operating in South Korea must obtain licenses by September 24 to operate legally in the country.
South Korea Delays Introduction of Taxes on Crypto Trading
The income tax rate for crypto traders, which will come into force not from 2023, but from 2025, should be 20%.
South Korea is to Create a Committee to Monitor the Crypto Market
The authorities in South Korea intend to establish a temporary Digital Assets Committee after the collapse of the Terra ecosystem.
Major South Korean Crypto Exchanges Open the Door to Litecoin Delisting
South Korean cryptocurrency exchanges Bithumb and Upbit have issued warnings to users regarding Litecoin.
South Korea Launches Unscheduled Audits of Crypto Exchanges
The authorities of South Korea have started emergency inspections of local cryptocurrency exchanges.
