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The National Tax Service (NTS) of South Korea is conducting a “special tax examination” on Bithumb Korea and Bithumb Holdings. The authorities have also looked into Kang Ji-yeon and Kang Jong-Hyeon, the alleged real owners of the exchange. Bithumb...

The National Tax Service (NTS) of Korea opened a “special tax investigation” into the affairs of Bithumb Holdings and its subsidiary companies, according to Korean news outlet Yonhap News. The post Korean tax authorities investigate Bithumb,...

The National Tax Service of South Korea is increasing its efforts toward combating tax evasion and is now cracking down on the use of cryptocurrencies for illicit activities. As reported by The Korea Herald, the agency identified more than 2,400 tax...

South Korean crypto-exchange Bithumb was in the news this year after it was levied a tax of 80.3 billion won ($60.2 million) by the country’s National Tax Service (NTS). Bithumb, for its part, was quick to resist, with the exchange arguing that this...