Regulatory Uncertainty and Market Implications While the proposed delay could provide a relief for the South Korean cryptocurrency market and even support …
Korea
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31 Financial Firms Under Review The Bank of Korea has opened its first systemic review of how the country’s financial sector is …
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One scenario asks how financial firms would be affected if South Korea’s largest crypto exchange by market share temporarily suspended operations following …
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Markets
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
by shayaanby shayaanOfficials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. …
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In brief Seoul police arrested seven people over a campaign that used generative AI to hack about 90 organizations and steal 8.2 …
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Regulation
South Korea clears way for courts to seize and sell Bitcoin for unpaid debts under new November rules
by shayaanby shayaanThe changes come as cryptocurrency holdings increasingly feature in South Korean debt-recovery proceedings, prompting authorities to establish consistent procedures for assets that …
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Regulation
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
by shayaanby shayaan“With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on …
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Finance
South Korea just got its first traditional bank loans backed by bitcoin
by shayaanby shayaanJeonbuk Bank has started offering bitcoin-backed loans to corporate clients, becoming the country’s first bank to let firms borrow cash against their …
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The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report losses. www.coindesk.com