koreacrypto

He also stated this, “The Finance Ministry has no plans or intentions to eliminate or prohibit cryptocurrencies. Blockchain technology is an important technological breakthrough to fuel the fourth industrial

Even under the tough crackdown of South Korea’s government , big IT companies here are starting to invest in cryptocurrency exchange platforms. Joining Kakao and Nexon, NHN Entertainment is considering

The police has raided on Bithumb, the biggest crypto exchange in South Korea for the investigation of hacking attacks from last year. The focus of the investigation is that Bithumb has done its best for

    LINE corps., the Japanese messenger company of NHN(Naver, the biggest IT platform company in South Korea) has announced the launch of a new company that will provide a platform

  Kim Dong-yeon, Minister of finance has announced today that ‘we are not gonna ban or suppress crypto trading’. And he said that government is planning to regulate it properly.  Looks like

  The Korea Customs Service detected $600M illegal forex transactions using cryptocurrencies on Jan. 31.   One of them is an around $443M transaction between South Korea and Australia

 This is the first time a Korean court has recognized cryptocurrencies as a means of profit or an asset, and therefore subject to confiscation.  Now South Korean government is starting to accept

 South Korean government is considering taxation on cryptocurrency. It is not certain whether it will be in the form of transfer income tax, additional tax or others, so we’re making surveys on overseas

  South Korean e-commerce company WeMakePrice is working to accept cryptocurrencies like bitcoin as one of its payment options, which is the first attempt by a major online shopping platform

  South Korea began a real-name trading system for cryptocurrencies Tuesday, banning the use of anonymous bank accounts in transactions to prevent virtual coins from being used for money laundering

As you might know, people have been traded through virtual accounts by banks in South Korea. But, the South Korean government are making some regulations to curb speculative investments and crimes including