Tag: korea

Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures

Security The South Korean government has announced the results of its review of 21 cryptocurrency exchanges. While several trades have finished implementing both short-term and pocket management steps, many security vulnerabilities stay at most niches. South Korea’s government has declared the result of its own inspection of 21 cryptocurrency exchanges. The review was conducted June […]

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Messaging Giant LINE Launches New Crypto Fund, Lists Tron (TRX)

The current crumbling crypto market circumstances seem to be no hindrance to communications and tech firms which are clamoring to get in on the action. South Korean messaging company LINE is increasing the match with the launching of a $10 million crypto investment finance. The first capital pool to the corporate market venture fund, called […]

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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges

Taxes The South Korean government has declared a new set of tax legislation amendments. Under this proposition, bitcoin exchanges will no longer be qualified for corporate and income tax deductions now appreciated by little and medium-sized companies. The authorities also have been contemplating imposing capital gains tax upon the sale of all cryptocurrencies. The South […]

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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

Altcoins A South Korean firm claimed to have discovered the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. ) The cruiser and its own treasure are connected to some crypto market and token that the company allegedly guaranteed to distribute to anyone signing up with all the […]

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