Tag: South Korea Crypto

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Naver Financial To Merge With Dunamu, Bringing Upbit Under Naver’s Fintech Arm

The merger between Dunamu, the business that runs Upbit, the biggest cryptocurrency exchange in South Korea, and Naver Financial, the fintech division of South...

S.Korea FIU Poised To Issue Successive Sanctions On Crypto Exchanges Like Bithumb, Upbit Over AML Breaches

Domestic virtual asset exchanges in South Korea are likely to face several punishments from financial authorities due to their violations of anti-money laundering regulations Using...

Bybit Acquires Korbit As Global Crypto Exchanges Accelerate Entry Into S.Korea

Korbit, the fourth-largest virtual asset exchange in South Korea, and Bybit, the second-largest virtual asset exchange in the world, have reached an acquisition agreement. ...

South Korean City of Paju to Seize Cryptocurrency from Tax Evaders

South Korean authorities of the city of Paju have decided to seize and sell the crypto assets of those citizens who have been getting...

South Korean Police Nab 215 Suspects in Nation’s Biggest Crypto Heist Worth $228.4M

South Korean police have arrested 215 people in a new crypto investment scam worth $228.4 million. The crypto heist is being termed as...

South Korean Court Backs Bank’s Decision To Fire Employee Playing Crypto Games

South Korean court has decided to back the decision of a bank operating in the nation that fired an employee for allegedly indulging in...