Korea backs framework to automatically exchange info on crypto transactions
Korea jointly issued a statement Friday supporting a new international framework to automatically exchange information on crypto-asset transactions to ensure tax compliance.
Hard-up North closes embassies in Africa as sanctions sting
North Korea’s ambassador to Angola delivered his farewell greetings to the country's leader, Pyongyang’s state media reported Monday, formally drawing the curtain on the North’s diplomatic presence in a second African country.
Bitcoin prices have climbed to a two-and-a-half-year high, peaking at over $35,100 in Tuesday's early trading session, and is now being traded at over $30,000.
Korea's virtual asset market cap soars to $21.1 billion in H1
Korea's virtual asset market cap surged 46% in H1 2023 to reach $21.1 billion, driven by rising cryptocurrency prices and investor sentiment, according to a report by the Financial Services Commission.
Korean golf tournament offers cryptocurrency prize
Whoever takes the KLPGA's Wemix Championship title in November will not receive a single won for their win, instead walking away with a pocket full of cryptocurrency.
South seeks to track and freeze North's crypto assets
The South Korean government plans to submit a bill to track and freeze North Korean cryptocurrency and virtual assets used to fund Pyongyang's illicit weapons programs, multiple government sources said Sunday.
DP members must vote based on conscience
The DP will most likely lose in next year’s parliamentary elections if it does not keep the promise it made to voters.
Lee Jae-myung in dilemma
Democratic Party (DP) leader Lee Jae-myung faces a dilemma after an advisory committee of the National Assembly recommended that Rep. Kim Nam-kook be expelled from the legislature over his repeated crytocurrency trading.
Atomic Wallet hack losses more than double
North Korean hackers made off with more than $100 million from users of a decentralized cryptocurrency wallet system, which is more than double the initially estimated losses, according to a blockchain analysis company on Tuesday.
U.S. report warns of 'thousands' of North Korean hackers
Thousands of IT workers, hackers and front people in Pyongyang's employ may be engaging in cyber crime on the regime's behalf, according to U.S. officials.