Tag: South
South African Regulator Hunts Down Crypto Ponzi (MTI) That Claims to Hold 23,000 BTC
Following the collapse of an alleged South African-based cryptocurrency Ponzi scheme, Mirror Trading International (MTI), the country’s financial regulator, seeks…
South Korea Finalizes New 20% Tax Regime on Crypto Starting in 2023
South Korea has been working towards a suitable tax system for crypto trades and profits for a while now, with…
Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M
Bithumb Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M South Korean cryptocurrency exchange Bithumb…
Korean Gaming Giant Set To Acquire Bithumb For $594 Million
Nexon, the leading South Korean online game developer, is currently planning to acquire the number one cryptocurrency exchange in Korea,…
Bitcoin ‘Kimchi Premium’ Makes a Comeback As Euphoria Builds
South Koreans have also started to join in on the crypto rally. Another sign of Bitcoin euphoria can be seen…
Coinbit Execs Charged with Market Manipulation; ‘Wash Traded’ $84 Million in Crypto
South Korean authorities are pushing for Coinbit executives’ prosecution for wash trading and market malpractices on their exchange. Local reports…
South Korea Approves Amendment to Push Crypto Tax Rule to January 2022
South Korea is set to enforce its upcoming crypto tax law in January 2022 instead of the earlier proposition of…
Korea’s National Assembly Suggests Delaying Income Tax Rule on Crypto Assets to Jan 2022
South Korean lawmakers have allegedly proposed to delay the upcoming income tax rule on crypto-assets by three months from its…
South Korea Set to Ban the Trading of ‘Privacy Enabled Coins’ On Virtual Asset Exchanges
South Korea bans “privacy coins” trading on crypto exchanges. The updates were made as part of the guidelines to the…
Indian Police Arrest 10 For Buying Drugs With Bitcoin on Dark Web
The police officials in Bengaluru, the capital of the South Indian state of Karnataka, have arrested ten drug peddlers who…