5 stories tagged #Financial Services Commission

  1. South Korea Crypto Tax Petition Hits 50K Signatures, Forces Review
    crypto

    South Korea Crypto Tax Petition Hits 50K Signatures, Forces Review

    A petition to scrap South Korea's 22% crypto tax reached 50,000 signatures, triggering a parliamentary review.

    last wk. 2 min read
  2. Bithumb Seeks to Seize Bitcoin Amidst $43 Billion Trading Error Fallout
    crypto

    Bithumb Seeks to Seize Bitcoin Amidst $43 Billion Trading Error Fallout

    South Korean exchange Bithumb pursues legal action to recover 7 BTC from users who kept funds mistakenly distributed in a massive trading error, prompting regulatory changes.

    last mo. 1 min read
  3. Bithumb Pursues Legal Action for 7 Bitcoin Lost in Payout Error
    crypto

    Bithumb Pursues Legal Action for 7 Bitcoin Lost in Payout Error

    South Korean crypto exchange Bithumb initiates legal proceedings to reclaim 7 Bitcoin lost due to a significant payout error during a promotional event.

    last mo. 1 min read
  4. South Korea Mandates Strict Withdrawal Delays for Crypto Exchanges to Combat Phishing
    crypto

    South Korea Mandates Strict Withdrawal Delays for Crypto Exchanges to Combat Phishing

    South Korean regulators impose uniform withdrawal delay criteria on all crypto exchanges, eliminating individual platform discretion to combat a surge in voice phishing scams.

    2mo ago 1 min read
  5. South Korean Regulators Scrutinized Over Massive Bithumb Bitcoin Glitch
    crypto

    South Korean Regulators Scrutinized Over Massive Bithumb Bitcoin Glitch

    South Korean lawmakers are questioning financial regulators' oversight following a significant error by crypto exchange Bithumb, which mistakenly credited users with billions in Bitcoin.

    3mo ago 1 min read