Korea

Jan 11 2023

South Korea Goes After Bithumb for But any other Tax Evasion Scandal

Trade Analysis / 2 minutes of reading

South Korea Goes After Bithumb for Another Tax Evasion Scandal Bithumb Holdings comes under federal probe for suspected tax evasion.The current probe is the second time Bithumb has been subject to a tax investigation.Bithumb ranks among the top 10 crypto exchanges with a 6.1 rating. South Korean tax authorities are looking into the business operations

Jan 9 2023January 10, 2023

Huobi Korea seeks to cleave up from parent firm, change its title: Document

Trade Analysis / 1 minute of reading

Local media reported Jan. 9 that cryptocurrency exchange Huobi Korea is preparing to purchase its shares from Huobi Global and change its name. About 72% of shares in Huobi Korea are owned by Huobi Global cofounder Leon Li. Huobi Korean chairman Cho Kook-bong would take over Li’s share in the Korean company. Cho is also