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South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms

South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP).…

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South Korea’s Crypto Market Continues to Defy Global Trends With Premium Prices

Metrics reveal that cryptocurrency premiums in South Korea consistently outpace the global average. As of now, bitcoin exchanges hands at $69,245 per piece globally, while on the South Korean platform…

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Bithumb Korea’s Fiscal Performance in 2023 Plummets Despite Rising Trading Volume: Report

Bithumb Korea’s fiscal performance for the year 2023 took a significant hit as it remained unfazed by the improvement in the trading volume that the platform witnessed throughout the year.…

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Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea

After a series of back-and-forths regarding Do Kwon’s extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the…

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South Korea Preparing Tax System to Avoid Cryptocurrency Tax Evasion

The National Tax Service in South Korea is preparing to launch a virtual asset tax system to help analyze the information received from cryptocurrency holders to avoid cryptocurrency tax evasion.…

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