south korea

South Korean Authorities Detain Haru Invest CEO and Two Others for $828m Cryptocurrency Scam

Noah RyptonFeb 6, 20242 min read

South Korean Authorities Arrest Executives of Haru Invest in Ongoing Investigation South Korean authorities have made progress in the Haru case, arresting three individuals believed to…

South Korea Engages in Talks with US SEC Regarding Bitcoin ETFs, Marking a Shift in Stance (Report)

Owen PatterFeb 5, 20243 min read

South Korean Financial Regulator Signals Interest in Bitcoin ETFs Speculation about the South Korean government reconsidering its stance on spot Bitcoin exchange-traded funds (ETFs) seems to…

Regulatory Approval Requirement Proposed for Crypto Executives in Korea by FSC

Noah RyptonFeb 5, 20242 min read

South Korea’s Financial Services Commission Proposes Regulatory Approval for Crypto Executives The Financial Services Commission (FSC) of South Korea is considering a new proposal that would…

Massive $11.5m Hack on Crypto Karaoke Platform

Noah RyptonJan 29, 20242 min read

The South Korean Karaoke Blockchain Platform Somesing Loses $11.58 Million in Hack The South Korean karaoke blockchain platform Somesing recently experienced a hack that resulted in…

January Sees Bithumb Bitcoin Trading Surpass $3 Billion, Leaving Upbit in the Shadows

Owen PatterJan 20, 20243 min read

Notable Surge in Bithumb’s Bitcoin Trading Volume In South Korea, there has been a significant increase in crypto trading, particularly on Bithumb. According to Kaiko’s analysis,…

Report Suggests South Korean Government Could Soon Reevaluate Stance on Bitcoin ETFs

Owen PatterJan 19, 20242 min read

South Korea Reconsidering Stance on Bitcoin ETF The South Korean government is potentially rethinking its position on the spot Bitcoin exchange-traded fund (ETF) following comments from…

Reevaluating South Korea’s Position on Spot Bitcoin ETFs

Noah RyptonJan 19, 20243 min read

The President of South Korea Urges Financial Regulator to Reconsider Spot Bitcoin ETFs The office of the President of South Korea has called on the country’s…

South Korea Contemplates Crypto Tax Elimination in Light of Financial Investment Tax Reversal

Noah RyptonJan 18, 20243 min read

South Korea Considers Including Cryptocurrency Gains in Tax Abolition South Korea is currently discussing whether gains from cryptocurrency assets should be included in the upcoming abolition…

South Korea Considers Abolishing Cryptocurrency Taxes Amid Introduction of New Income Tax System

Theon BarrettJan 18, 20242 min read

South Korea Considers Including Crypto Asset Gains in Abolition of Income Tax for Financial Investments In a recent policy briefing, Jeong Jung-hoon, deputy minister of the…

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