News list for "korean"
Investigators said suspects printed fake 50,000-won bills to scam crypto holders in face-to-face trades.
On November 2nd, Minister of Commerce Wang Wentao met with South Korean Minister of Industry and Trade Kim Jong-guan in Gyeongju, South Korea. The two sides conferred on maintaining the stability of the industrial chain supply chain and strengthening regional and bilateral cooperation. Wang Wentao said that China and South Korea are important close neighbors and cooperative partners, and China is willing to work with South Korea to implement the important consensus reached by the leaders of the ...
South Korea's National Tax Agency has warned cryptocurrency holders that if they do not resolve their tax debts, officials could confiscate cold wallets during home searches. NTS says it can use blockchain analytics tools to track on-chain activity, and when it suspects currency is hidden offline, it inspects homes and confiscates hard drives, cold wallets, or personal computers. The move is a long-standing move to crack down on cryptocurrency tax evasion on local exchanges, and the scope of enf...
According to market news, the South Korean government has just said that bitcoin (BTC) is a "major investment vehicle". The country plans to pass relevant laws to support bitcoin by the end of the year.
A Catholic church accountant in South Korea pocketed hundreds of millions of won in donations to invest in cryptocurrencies and confessed his criminal behavior to a priest. Police have launched an investigation. The Jeonnam-Mokpo Police Department said on the 24th that it had applied for an arrest warrant for Mr. A, who is in his 60s, on suspicion of duty- related embezzlement. Mr. A is suspected of misappropriating donations totaling about 480 million won several times from July last year to la...
Virtual asset trading and intermediary business will be removed from the venture enterprise restricted industry. The Ministry of Small and Medium-sized Enterprises and Start-ups of South Korea (referred to as the "Ministry of Small and Medium-sized Start-ups") said on the 9th that at the state conference held at the Yongsan Presidential Palace, it reviewed and approved some amendments to the "Special Law on Cultivating Venture Enterprises" including the above content. The amendment will be effec...
According to Cryptonews, the South Korean government is accelerating its push for crypto-friendly reforms. The government of South Korean President Lee Jae-myung has listed "building a digital asset ecosystem" and "developing a domestic crypto asset market" as key national tasks. The president's office announced the plan in an Aug. 13 briefing aimed at boosting the domestic crypto industry through regulatory reforms.
As of Monday, Upbit, Bithumb, Coinone, Korbit, and Gopax had a total of 229 cryptocurrencies on the shelves this year, according to data from Pulse on Monday. This figure represents 85.44% of the 268 listings recorded for all of 2024. Among them, both Upbit and Bithumb have surpassed the total for the whole of last year, with 37 and 84 coins listed respectively.
South Korea's Central Election Administration Commission held a plenary meeting and voted to pass the motion on the results of the general election, and Lee Jae-myung's presidential term officially began. (CCTV News)
At 20:00 local time on June 3, the voting for the 21st presidential election in South Korea officially ended, and exit polls were released one after another. After the voting, the exit polls released by the three mainstream TV stations of Korea Broadcasting Corporation (KBS), Korea Culture Broadcasting Corporation (MBC), and Seoul Broadcasting Corporation (SBS) showed that Lee Jae-myung, the candidate of the largest opposition party, the Common Democratic Party, will win the general election by ...
