crackdown Archives | Be Korea-savvy
S. Korea to Crack Down on Cryptocurrency-related Illegalities

S. Korea to Crack Down on Cryptocurrency-related Illegalities

SEOUL, April 19 (Korea Bizwire) — South Korea said Monday it plans to crack down on any illegality involving cryptocurrencies, such as money laundering, until June amid skyrocketing prices of virtual money. The interagency crackdown comes as the latest frenzied buying of bitcoin and other cryptocurrencies raises concerns about speculative investments and potential illegal activities, [...]

S. Korea Strengthens Crackdown on Smuggling Face Masks Out of Country

S. Korea Strengthens Crackdown on Smuggling Face Masks Out of Country

SEOUL, Feb. 8 (Korea Bizwire) — South Korea has strengthened its crackdown on travelers’ attempts to smuggle out face masks in bulk to fight the new coronavirus, officials said Saturday, with the customs office confiscating the protective goods and imposing fines when perpetrators are found. Since Thursday, people who seek to take face masks from [...]

Gov’t to Strengthen Crackdown on Irregularities in Private Education

Gov’t to Strengthen Crackdown on Irregularities in Private Education

SEOUL, Nov. 8 (Korea Bizwire) — The education ministry said Friday it will conduct a special crackdown on alleged irregularities in the private education sector, including high-priced consulting services tailored for college admission. The move is part of the government’s pre-emptive measures to tackle potential rises in expensive private tutoring services as the government has [...]