Bithumb is the subject of a special tax inquiry by South Korea’s National Tax Service (NTS). The South Korean tax and legal authorities recently took notice of Bithumb, a cryptocurrency exchange. A “special” investigation into the exchange’s business practices has been launched by the tax authorities. The company’s largest shareholder has also been subpoenaed for […]
You are browsing archives for
Tag: regulation
Crypto Companies Will Be Treated Like Ba
In its upcoming regulatory framework, the Financial Stability Board plans to treat cryptocurrency companies similarly to banks. In 2023, the FSB, the world’s largest financial watchdog, will publish regulatory guidelines for crypto. In the coming months, the FSB will outline a timeline for global regulators. Their first recommendations on global crypto regulation will be implemented […]