South Korea

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.

Binance to Launch Korean Support Center Following Investment in Local Startup
Binance has made its first direct investment in a South Korean startup as part of a deal to launch a support center in the country.

Popular Korean Crypto YouTuber Badly Beaten After Threats From Angry Investors
A South Korean crypto YouTuber has been assaulted at his home, soon after threats to his company's staff from investors.

South Korean Presidential Committee Wants to Bring Crypto Into Mainstream Finance
Financial institutions should be allowed to launch cryptocurrency products, such as derivatives, according to a government advisory body.

Korea's Tax Agency to Withhold $70M From Crypto Exchange Bithumb
South Korea's National Tax Service will withhold tax worth $70 million from the country's largest crypto exchange Bithumb.
