BIS To Launch Stablecoin Monitoring Project Amid CBDC Development
The Bank of International Settlement (BIS) has decided to expand its tentacles beyond the walls of central banks' oversight and ...
Tag: South Korea
South Korea City Drops Exchange Partners In A Surprising Turn Of Events
South Korea's crypto-crazed city, Busan, announced its steering committee for building its flagship digital asset exchange. However, in a surprising ...
South Korean Authorities Say Terra’s Do Kwon Is In Serbia, Calls On Government For Help
The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities ...
South Korea Revamps Crypto Regulations To Prevent FTX and Terra Repeat
South Korean politician of the People Power Party, Yoon Chang-hyun, proposed amendments to the digital asset safe transaction bill as ...
South Korean Authorities Seized $184 Million In Crypto Against Unpaid Taxes
Despite the South Korean Government's deep interest in metaverse and web 3 technology, the country implements aggressive policies when it ...
South Korea Says 75% Of Illicit Forex Transactions In The Country Are Crypto-Related
A significant number of cryptocurrency holders reside in South Korea. As the bitcoin sector becomes more mainstream, the rate of ...
South Koreans To Pay A Hefty Gift Tax On Crypto Airdrops
As the use of crypto assets increases, different jurisdictions create laws to govern their applications and controls. Some rules are ...
These 16 Crypto Exchanges Have Been Flagged By South Korean Financial Regulator
The Korea Financial Intelligence Unit (KoFIU) has decided to pursue some crypto firms that lack proper regulatory approval. A total ...
