South Korea Slams Bithumb With $70 Million Withholding Tax
The National Tax Service of South Korea (NTS) has concluded plans to slam crypto exchange Bithumb with a heavy withholding ...
Tag: South Korea
South Korea’s Largest Telecom Firm Announces Launch Of Digital Currency
KT, the largest telecom company in all of South Korea has announced that it will launch a digital asset for ...
South Korean Blockchain Firm Creates Tech That Spikes Blockchain Speed
Bloom Technology, a blockchain firm based in South Korea, has revealed that it has created a new protocol that can ...
Binance Partners With TravelbyBit To Launch Crypto Travel Rewards Card
In an official blog post, Binance has announced a new partnership with TravelByBit, a crypto travel booking platform, to create ...
Upbit Crypto Exchange Announces $49 Million Worth Of Ether Was Stolen
One of South Korea’s largest cryptocurrency exchanges, Upbit, has announced that it lost 58 billion won ($49.2 million) worth of ...
South Korean Exchange Executives Bag Up To 16 Years Sentence For $386 Million Fraud
According to reports, The Seoul Central District Court has sentenced several executives of a South Koran crypto exchange Coinup, to ...
U.S. Authorities Trace Bitcoin Transactions To Shutdown ‘Largest’ Child Porn Ring
A press release from the U.S. Department of Justice, has announced a federal grand jury in the District of Columbia, ...
South Korea’s Largest Banks Join J.P. Morgan’s Blockchain Payments Platform
JP Morgan's Blockchain payments platform has just welcomed five of South Korea's biggest banking institutions. Dubbed the Interbank Information Network ...
South Korea’s Largest Entertainment Company is Looking to Create its Own Cryptocurrency
Cryptocurrency adoption in South Korea is increasing, as SM Entertainment, easily the country's biggest music company, has just disclosed that ...
South Korea’s Prixbit Exchange Closes Down Due to Financial Difficulties
Prixbit, a South Korean exchange, has officially shut down its business operations after suffering security issues leading to financial difficulties.
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