South Korea

South Korean Soccer League Tokenizes Players for Fantasy Football Game
A new licensing agreement between the South Korean soccer league and Sorare will bring on over 400 K League players on to the fantasy soccer platform.

North Korean Hackers Ramp Up Efforts to Steal Crypto Amid Coronavirus Pandemic
Notorious hacking group Lazarus is said to be increasing its efforts to steal cryptocurrency from traders and industry professionals during the COVID-19 crisis.

South Korean Central Bank Accelerates Digital Currency Pilot to Keep Up With Other Nations
The Bank of Korea has historically been skeptical about CBDCs, but now it's having to keep up.

Alleged Mastermind of Sex Abuse Chatrooms Hid Payments With Privacy Coin Monero
The 25-year-old used the cryptocurrency monero to obfuscate payments for abusive sexual material, according to a CoinDesk Korea investigation.

Bithumb Taps Chainalysis for FATF-Grade Crypto Investigation Tool
The Bithumb exchange is tapping investigative tools offered by Chainalysis just a week after South Korea voted for tough new laws around the space.

South Korean Lawmakers Greenlight Strict Crypto AML Bill
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.

Why Bitcoin Mining Might Be the New Business Model for US Power Plants
South Korea gets legal recognition for crypto, New York power plant mines BTC and the end of the intranet era for enterprise blockchain?

Korean ICO Project Shuts Down, Says 'Negative Perceptions' of Crypto Made Business Impossible
Contents Protocol will refund approximately $7.5 million worth of ether back to investors.

South Korea Considers 20% Crypto Income Tax
Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

Bithumb Exchange Fighting Back Against 'Groundless' $69M Tax Bill
The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.

