News list for " Seoul"
Lee Myung-koo, director of the South Korean customs agency, said on the 21st: "We are considering setting up a new virtual asset analysis department in the Seoul customs office, and will allocate specialized manpower in this field and enhance analysis capabilities." Director Li said at the National Affairs Supervision of the National Assembly Planning and Finance Committee on the same day: "In the past, it was mainly illegal underground exchange through foreign exchange, but now it has evolved i...
On September 9, it was reported that the Seoul Police Agency spent two years dismantling an international hacking gang, targeting 258 victims including corporate executives and high net worth individuals, involving about 39 billion won (Technologies 30 million US dollars). The police used Chainalysis Reactor to track the flow of funds on the chain and cooperate across borders. The main culprit was captured in Thailand and extradited to South Korea 106 days later. About 14 billion won has been re...
South Korean Finance Minister: Technical-level talks between South Korea and the United States will be held in Seoul on May 15 and 16.
According to Tokenpost, the president of the Korea Financial Investment Association, Seo You-suk, said at the New Year's meeting in Yeouido, Seoul, that he will actively support the institutionalization of domestic token securities and the approval of virtual asset ETFs. President Xu pointed out that, given that Bitcoin and Ethereum spot ETFs have been listed and traded in the United States, Hong Kong, Canada, etc., South Korea should also at least list Bitcoin or Ethereum ETFs and cultivate the...
On the 19th local time, the Western District Court of Seoul, South Korea, approved the detention order for Yin Xiyue. Yin Xiyue was officially arrested. (CCTV News)
South Korea's Seoul Composite widened its decline to 2 percent, its lowest level since November 2023.
The perimeter of South Korea's presidential palace in Yongsan, Seoul, was put under full control.
According to Yonhap News Agency, South Korean President Yoon Seok-yuk issued an emergency statement at the presidential palace in Yongsan, Seoul on the 3rd, declaring the implementation of "emergency martial law" to maintain the liberal constitutional order. Yoon Seok-yuk said that through the implementation of "emergency martial law", it will rebuild and defend the great freedom of...
According to a report by Seoul News on Wednesday, South Korea's ruling party intends to move forward with plans to tax cryptocurrency gains starting in early 2025 rather than approve further delays. Initially, a 20% tax on cryptocurrency gains (22% local tax) was originally scheduled to take effect on January 1, 2022. The plan has been postponed twice to January 1, 2025 due to backlash from investors and industry. However, the party is making revisions to the plan, raising the tax-free limit for...
Online lender KBank has pulled back from its $700 million-plus initial public offering in Seoul, which it had planned to price on Friday and was scheduled for October 30. K Bank has rapidly expanded its customer base by partnering with Upbit, South Korea's largest cryptocurrency exchange, but its contract with the exchange is due to expire next October. As of the end of June, Upbit's deposits accounted for 16.8% of K Bank's total deposits. K Bank said in its IPO prospectus that failure to extend...
