Bithumb Faces Raids Amidst Market Manipulation Allegations
Prosecutors raided Bithumb, one of South Korea's largest virtual asset exchanges, on Nov. 1 in connection with allegations of unfair trading practices involving the cryptocurrency ...
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South Korea's FSC to Form Virtual Asset Committee: A Game-Changer for Corporate Investments?
South Korea's Financial Services Commission plans to establish a Virtual Asset Committee to discuss corporate investment in virtual assets, potentially reshaping the market landsca...
2024 First Half: Domestic Virtual Asset Market Cap Skyrockets by 27%
In the first half of 2024, the market capitalization of domestic virtual assets surged to 55.3 trillion won, marking a 27% increase from the second half of last year. This signific...
South Korea's Virtual Asset Wealth: A Deep Dive into Age Group Distribution
Recent data from Upbit and Bithumb reveals a fascinating distribution of virtual asset wealth among different age groups in South Korea. The data shows that individuals in their 20...
South Korea Postpones Virtual Asset Taxation to 2027 Amid Regulatory Challenges
South Korea has delayed the implementation of virtual asset taxation to 2027, citing regulatory gaps and underdeveloped tax systems. The move raises concerns about the government's...
South Korea and U.S. Discuss Virtual Asset Regulation and NBFI Impact
Kim So-young, Vice Chairman of the Financial Services Commission (FSC), met with Mark Uyeda, Commissioner of the U.S. Securities and Exchange Commission (SEC), to discuss the poten...
North Korean Hackers Behind One-Third of Global Cryptocurrency Thefts
Recent reports indicate that North Korea continues to fund its nuclear and missile programs through the theft of cryptocurrency. Seth Bailey, U.S. Deputy Special Representative for...
Kaia Blockchain Platform: Kakao and Line's Revolutionary Mainnet Launch on August 29
Kaia, a blockchain platform developed by Kakao and Line, is set to launch its mainnet on August 29 after receiving final approval to establish a DLT foundation in ADGM. The platfor...
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