Tag: decentralized wallet

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South Korean Tax Accountant: Digital Assets Held in Non-Custodial Wallets Not Subject to Overseas Reporting Requirement

January 5, 2024

South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant, only virtual assets held on overseas centralized exchanges are subject to this requirement. The Overseas Account Reporting Requirement Controversy The…
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Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours

June 6, 2023

The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to major exchanges & blockchain analytics to trace and block the stolen funds.” Atomic…
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