Tag: South

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‘Dead’ South Korean crypto fraudster resurfaces and pays back victims – DL News

A crypto fraudster who was declared dead returns and repays victims.The episode captures the quirky intersection of South Korea’s crypto scene and law enforcement.A...

South Korea Halts Trading as Global Markets Plunge

The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on...

BTC gains above $73,000 as money flees South Korean stocks

South Korea’s stock market suffered one of its fastest declines in history this week, with the Kospi falling about 20% in two trading days,...

South Korean Cop Sentenced to Six Years in Prison for Bribes Tied to Crypto Crime: Report

In brief A former Seoul police officer was sentenced to six years in prison and fined around $77,000 for accepting bribes, per a local report. The...

South Korea Plans 20% Cap on Crypto Exchange Shareholder Stakes: Report

South Korea’s government and ruling party have reportedly agreed on a plan to cap the ownership stakes of major shareholders in domestic crypto exchanges...

South Africa Tax Collector Deploys New Tech to Track Crypto and Offshore Assets

South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits....

South Korea’s National Tax Service Publishes Seed Phrase Photo, Sparks Wallet Breach

South Korea’s National Tax Service (NTS) accidentally published a cryptocurrency wallet’s recovery phrase in a Feb. 26 press release, enabling the temporary transfer of...

Seized Crypto Stolen As South Korea’s Tax Authority Leaks Private Key

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A piece of paper ruined everything. South Korea’s National Tax Service (NTS)...

Ethereum Tokens Swiped, Returned After South Korean Tax Service Publishes Wallet Seed Phrases

In brief The South Korean National Tax Service (NTS) shared seed phrases from seized crypto wallets in a press release. The contents of the wallets—valued around...

How South Korean police lost $1.4m worth of Bitcoin – DL News

22 Bitcoin vanished from a sealed police vault in central Seoul.Two men have been arrested, police say.Earlier this month, prosecutors tracked down $22 million...

South Africa Moves to Bring Cryptocurrencies Under Capital Flow Controls

South African Finance Minister Enoch Godongwana has announced plans to end the country’s crypto regulatory vacuum by drafting new rules to integrate digital assets...

South Korea to Require Crypto, Stock Influencers to Disclose Holdings

South Korea is reportedly preparing new rules that would force social-media personalities promoting cryptocurrencies and stocks to reveal what they own and whether they...