Latest South Korea News

 The Seoul Metropolitan Police Department has filed crypto market manipulation charges against the executives of Coinbit crypto exchange.
South Korea's National Assembly has proposed a delay in the crypto tax rule to push the implementation to January 2022.
South Korea’s regulator, the FSC has announced its decision to ban privacy cryptocurrencies that possess a high-risk of money laundering.
South Korean Police has reportedly raided and seized Bithumb, South Korea’s largest cryptocurrency exchange, over some allegations of fraud.
The Seoul Metropolitan Police Agency has seized the crypto exchange Coinbit for inflating trading volumes, a practice known as wash trading.
South Korea's central bank has launched a pilot program to test CBDC. It will run until December 2021 to verify the technical and legal requirements.
In a landmark move, South Korea's parliament has recognized crypto trading as legal in the country. The move comes after two years of deliberations.
South Korea Proposes Low Level Crypto Income Tax
Feb 26, 2020
MD Rockybul Hasan
Experts from the South Korea's Tax Policy Association have proposed a low-level crypto income tax which will take effect next year.
The EURUSD pair is moving higher and may continue towards 1.0920 area as a retracement. Despite the intense bearish pressure, the bulls can retrace higher.
Korean crypto firm Contents Protocol Team is shutting down and refunding investors. The startup raised a total of 29,334 ETH via an ICO in 2018.