South Korea | ForkLog

ForkLog 6 27.05.2021

Korean central bank chief warns leveraged crypto trading threatens financial system

The governor of the Bank of Korea, Lee Ju-yeol, said that leveraged trading of digital assets threatens the country's financial system.

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ForkLog 12 26.05.2021

Study finds one in four South Korean students invest in Bitcoin

Twenty-three point six percent of South Korean students invested in cryptocurrencies, of whom sixty-eight point three percent experienced psychological strain due to volatility. The Alba Heaven recruitment agency reported these results, The Korea Times reports.

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ForkLog 9 24.05.2021

South Korea’s central bank begins search for technical partner to launch CBDC

The Bank of Korea began selecting a technical partner to launch the national digital currency (CBDC).

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ForkLog 7 10.05.2021

South Korea to tighten crackdown on crypto scammers

South Korea is upgrading its system for monitoring phishing activity related to cryptocurrencies.

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ForkLog 9 06.05.2021

South Korean authorities request banks for information on Bitcoin exchanges

South Korea has asked banks for information concerning their cooperation with cryptocurrency companies and exchanges. The Korea Herald reports.

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ForkLog 9 06.05.2021

South Korean exchange suspected of $1.5 billion fraud

South Korea's police have begun investigations into the cryptocurrency exchange V Global, suspected of fraud, local media report.

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ForkLog 9 03.05.2021

South Koreans back tax on cryptocurrency traders

More than half of Realmeter's survey participants supported introducing a capital gains tax on cryptocurrency trading in South Korea.

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ForkLog 10 27.04.2021

Media: South Korea’s youth distracted from work by Bitcoin price charts

A surge of interest in cryptocurrencies threatens South Korea's labour market with a shortage of young workers.

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ForkLog 10 26.04.2021

Case of former Bithumb chief referred to South Korean prosecutors

The Seoul Metropolitan Police Agency has handed the case of the former Bithumb CEO Lee Jong-hoon to the South Korean Prosecutor's Office. CoinDesk reports.

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ForkLog 9 23.04.2021

Seoul residents’ cryptocurrency worth $22m seized over tax evasion

The Seoul government seized digital currency worth 25 billion won ($22 million) from private individuals and company executives who evaded taxes.

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ForkLog 7 19.04.2021

Gamevil to become a shareholder in cryptocurrency exchange Coinone

The game developer Gamevil will acquire 13% stake in the local cryptocurrency exchange Coinone for 31 billion won (~$28 million). The Block reports, citing the local financial disclosure website.

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ForkLog 24 19.04.2021

South Korea to tighten controls over illicit cryptocurrency transactions

South Korea's regulators will join forces to combat illicit transactions in digital assets.

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