Crypto Surveillance Surge? South Korea’s Tax Office Rolls Out Aggressive New ...
South Korea has started laying the groundwork for a new tracking system designed to impose taxes on profits from cryptocurrency investments. An AI Crypto Tracking System According to The Korea Times, the National Tax Service (NTS) announced this Thursday that they are moving ahead with an AI-driven system to track crypto investment gains as they […]
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This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets. Related Reading: $235 Million Crypto Theft from WazirX Was ‘Perpetrated’ By North Korean Hackers, Report Reveals South Korea’s […]
South Korea’s financial authority has announced it will issue clear and comprehensive guidelines for intuitional crypto investment in the coming months. This move follows the Korean government’s efforts to speed up its regulatory shift toward the digital asset industry. Related Reading: Senator Lummis To Reintroduce The ‘Bitcoin Act’ For 1 Million BTC Purchase South Korea’s […]
South Korea’s Financial Intelligence Unit (FIU) has imposed a 6-month partial business suspension and 36.8 billion won fine on one the biggest Korean crypto exchanges, Bithumb. Related Reading: Crypto Push In Korea: Hana Financial And Standard Chartered Unveil New Deal A New Governance Hit On A Crypto Exchange According to Korean outlet News1, the FIU […]
Upbit, one of South Korea’s largest crypto exchanges, reported a major loss after a Solana-network hot wallet was emptied early on November 27, 2025. Related Reading: Stablecoins Push Forward With US Bank Testing Payments On Stellar According to reports, about 54 billion Korean won — roughly $36–37 million — was taken in what the company […]