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Crypto exchanges
April 24, 2024

Crypto.com delays app launch in South Korea after regulatory setback

Crypto.com has postponed its launch in South Korea following reports of a money laundering probe conducted by local authorities. 
Crypto exchanges
January 3, 2023

Binance To Re-Enter South Korea By Acquiring Gopax

Binance is reportedly in the process of purchasing a 41.2% stake in the South Korean crypto exchange, Gopax.
Bitcoin
November 3, 2022

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.
Crypto regulation
October 7, 2022

South Korean Authorities Order Do Kwon To Surrender His Passport

South Korean Foreign Affairs Ministry ordered Do Kwon and five other Terra staff to return their Korean passports. They might face a passport freeze and new passport denial if they fail to comply within two weeks.
Crypto regulation
September 27, 2022

South Korea Moves to Freeze Bitcoin Transferred from LFG Amid Search for Do Kwon

3313 BTC have been moved from Luna Foundation Guard (LFG) to Kucoin and OKX following the issuance of the arrest warrant for Do Kwon. The prosecutors requested both exchanges freeze the assets.
Crypto regulation
September 14, 2022

South Korean Prosecutors Issue Arrest Warrant Against Terraform Labs CEO

Investigation teams from the Seoul Southern District Prosecutor's Office issued an arrest warrant against Do Kwon, co-founder, and CEO of Terraform Labs, over violation of the Capital Markets Act.
Crypto tax
August 22, 2022

South Korea To Tax Crypto Airdrops, Italian Revenue Agency Clarifies Rw Form Declarations

South Korean Ministry of Strategy and Finance claims that a gift tax will be imposed on crypto airdrops. Meanwhile, the Italian Revenue Agency explains that crypto traders are not required to fill the Rw form if transactions are made through an Italian platform.

Latest News

South Korean Prosecutors Issue Arrest Warrant Against Terraform Labs CEO

Crypto regulation
September 14, 2022
Investigation teams from the Seoul Southern District Prosecutor's Office issued an arrest warrant against Do Kwon, co-founder, and CEO of Terraform Labs, over violation of the Capital Markets Act.

South Korea To Tax Crypto Airdrops, Italian Revenue Agency Clarifies Rw Form Declarations

Crypto tax
August 22, 2022
South Korean Ministry of Strategy and Finance claims that a gift tax will be imposed on crypto airdrops. Meanwhile, the Italian Revenue Agency explains that crypto traders are not required to fill the Rw form if transactions are made through an Italian platform.
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