Korean

South Korean regulatory body gives security token guidelines

0xMain
February 6, 2023

body, guidelines, Hacking, Korean, regulatory, security, South, token

Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and...

South Korean regulators launch a new investigation into crypto exchange Bithumb

0xMain
January 12, 2023

Bithumb, Crypto, exchange, Hacking, investigation, Korean, launch, regulators, South

South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into...