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Huobi Korea Declares Shutdown Due to Difficult Business Conditions

Wyatt Newson2 years ago3 min read

Huobi Korea to Shut Down Services South Korean cryptocurrency exchange, Huobi Korea, has made the decision to close its services from January 29, 2024. The company…

Proposed Ban on Credit Card Purchases of Cryptocurrency in South Korea

Leo Nomist2 years ago3 min read

The Financial Services Commission of South Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies The Financial Services Commission (FSC), the main financial regulator in South…

Closure of Huobi Korea Platform Due to Business Challenges

Theon Barrett2 years ago3 min read

Huobi Korea to Close Services on Jan. 29 Huobi Korea, the South Korean exchange that was originally the Korean arm of global exchange HTX, has announced…

Huobi Korea Ceases Virtual Asset Exchange Services

Gapster Innes2 years ago2 min read

Huobi Korea Announces Termination of Crypto Exchange Services Huobi Korea has announced that it will be terminating its crypto exchange services on January 29. This decision…

Restrictions on Credit Card Usage for Cryptocurrency Transactions Imposed in South Korea

Gapster Innes2 years ago3 min read

South Korea FSC’s Restriction on Crypto Purchases To address concerns about illegal fund outflow and speculative behavior, South Korea’s Financial Services Commission (FSC) has proposed an…

Proposed Ban on Credit Card Crypto Purchases in South Korea

Wyatt Newson2 years ago3 min read

South Korea Plans to Ban Crypto Purchases with Credit Cards The Financial Services Commission (FSC) of South Korea has put forward a proposal to amend the…

Incheon, South Korea Confiscates Cryptocurrency Valued at $375,000 from Individuals Evading Taxes

Wyatt Newson2 years ago2 min read

South Korea’s Incheon Seizes $375,000 Worth of Crypto from Tax-Evaders The city of Incheon in South Korea has confiscated approximately $375,000 worth of cryptoassets from residents…

Exclusion of Decentralized Crypto Wallets from Overseas Declarations in South Korea

Noah Rypton2 years ago3 min read

South Korea Updates Position on Virtual Assets The National Tax Service (NTS) of South Korea has provided a new statement clarifying its position on virtual assets.…

South Korea Exempts Overseas Declarations from Decentralized Crypto Wallets Such as MetaMask

Gapster Innes2 years ago3 min read

South Korea Provides Clarity for Decentralized Crypto Wallet Holders In a significant move, South Korea’s National Tax Service has clarified its stance on virtual assets, providing…

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Korea crypto news & updates | LolaCoin.org Korea