No Illicit Activities: South Korea’s Biggest Cryptocurrency Exchange Cleared by Government - Bitcoins

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Friday, 8 June 2018

No Illicit Activities: South Korea’s Biggest Cryptocurrency Exchange Cleared by Government

No Illicit Activities: South Korea's Biggest Cryptocurrency Exchange Cleared by Government
Joseph Young

Bithumb, South Korea's biggest cryptocurrency exchange, has been cleared by local financial authorities and the National Tax Service (NTS). While the company was ordered to pay $28 million in taxes, the government found no evidence of illicit activities, tax evasion, and suspicious business operations. No Illegal Activity For many months, investors in the local cryptocurrency … Continued

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