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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic

As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific...
South Korean PC Gaming Rooms Operators Rely on Crypto Mining to Profit During the Coronavirus Pandemic

South Korean PC Gaming Rooms Rely on Crypto Mining to Profit During the Coronavirus...

The coronavirus pandemic has significantly hit several entertainment routines of the people worldwide, and South Korea is not an exception. PC gaming rooms had...
South Korean Financial Regulator Confirms Privacy Coins' Delisting — Adds New Guidelines to Report Unusual Transactions

South Korean Financial Regulator Confirms Privacy Coin Delistings- Adds New Guidelines to Report Unusual...

South Korean financial watchdogs are about to start overseeing crypto-related activities in the nation, and additional barriers for exchanges keep appearing. Moreover, one of...
Token-Driven Karaoke Platform Gets a Boost in South Korea as Pandemic Hits Over 2,100 Singing Rooms

Token-Driven Karaoke Platform Gets a Boost in South Korea as Pandemic Hits Over 2,100...

Coronavirus-driven lockdowns and social distancing limits affect people’s way of entertaining themselves, such as going to karaoke. In South Korea, that activity is too...
South Korean Court Orders Bithumb to Compensate Users for an 'Accidental' BTC Withdrawal Case in 2018

South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case...

A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has...
South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China

South Korean Crypto Exchange Becomes the First Overseas Platform Legally Recognized in China

A South Korean cryptocurrency exchange announced it established its first legally recognized branch in China. Although the nation banned all local crypto trading services,...
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token

Former South Korean Social Media Giant to Relaunch Its Business by Creating a New...

A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company...
Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules

Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New...

The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact,...
Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services

Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services

A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC)....
South Korean Government to Start Taxing Crypto Trading Profits in 2022

South Korean Government to Start Taxing Crypto Trading Profits in 2022

The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts...