Tag: South
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South Korea’s crypto exchange closures lock $13M in investor assets
More than 33,000 crypto investors in South Korea are currently unable to access their assets, which amount to around $13 million, due...
South Korea to discuss approval of spot Bitcoin ETFs
South Korea’s Financial Services Commission (FSC) announced the creation of a Virtual Asset Committee to address the approval of spot crypto exchange-traded...
South Korea to impose forex regulations on stablecoin transactions
South Korea’s government has outlined plans to impose foreign exchange regulations on cross-border stablecoin transactions, addressing the rising use of these digital...
South Korea levies $860K fine on Worldcoin for compliance failures related to data collection
South Korea’s Personal Information Protection Commission (PIPC) imposed a collective fine of KRW 1.14 billion ($861,408) on Worldcoin and its affiliate Tools...
South Korea moves to delay crypto tax until 2028 amid market concerns
South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028.The ruling political party proposed the bill...
