BTS Financial News

Good Morning America (GMA) has announced on Friday (July 7) that the talented member of BTS, Jung Kook, will be setting the stage on fire as he kicks off the highly anticipated Summer Concert Series this year. Fans, known as ARMY, can expect an electrifying performance on July 14 in Central Park of New York. The performance will be his solo debut on the GMA. In a cheerful video message, Jung Kook told ARMY to «get ready to dance!» The timing of the performance couldn't be more perfect as it will coincide with the release of his solo single, «Seven,» on the same day. Fans may have the privilege of witnessing the debut of this much-anticipated song during his performance. The Summer Concert Series has an impressive line-up in store for music enthusiasts. Joining the festivities are Hozier, Carly Rae Jepsen, and Fitz and the Tantrums, who will be gracing the Times Square studio with their performances. Additionally, to commemorate the 50th anniversary of hip-hop, a special set featuring Fat Joe, Remy Ma, Busta Rhymes, and BIA will also be held in Central Park. Country music lovers will also be delighted as Sam Hunt and Tim McGraw are scheduled to perform. Tickets for the performances in Central Park will be available on the website of Good Morning America starting at noon on July 8, allowing fans to secure their spots for these shows. The sets in Times Square will not have a live audience.

BTS Maknae Jungkook is going viral on social media again, this time for some sultry pictures. The K-pop sensation treated ARMY (aka BTS fans) to some spectacular concept photos for his upcoming solo single 'Seven,' on July 6. Needless to say ARMY went ballistic over the ‘Still With You’ hunk’s beauty and machismo.

Tom Cruise is back with another jaw-dropping stunt in the much-awaited film, 'Mission: Impossible — Dead Reckoning Part One', set to hit theaters on July 12. Known for his daredevil approach, Cruise never fails to deliver the extraordinary, and this time is no different. On Wednesday, the actor posted a behind-the-scenes video on Twitter, sharing a glimpse of the iconic train sequence, showcasing the intense action and thrill that awaits viewers. “This train sequence was tricky, but the outcome made it all worth it. I can't wait for everyone to see it come to life!” Cruise wrote in the caption. The train sequence, shot in Norway and the UK, features Cruise's IMF agent Ethan Hunt engaging in a knife fight atop a train hurtling at 60 miles per hour through a breathtaking valley. In the clip, the heart-pounding action culminates with the train dramatically nose diving into the water, leaving Cruise and Hayley Atwell's character, Grace, desperately clinging to a carriage for survival.

Seventeen, the sensational K-pop group, continues to make history in the music industry. Following their record-breaking first-week sales on the Hanteo chart with FML, the group has now achieved a remarkable feat by becoming the first K-pop artist ever to sell over 6 million copies of a single album. The achievement was confirmed by YG PLUS, Seventeen's album distributor, who revealed that the Pledis Entertainment group has surpassed the extraordinary milestone of selling 6.2 million copies of their 10th mini album, FML, within a mere three months. This remarkable accomplishment solidifies their status as trendsetters in the industry and demonstrates the unwavering support from their dedicated fanbase. It seems Seventeen's leader, S.Coups, was right when he mentioned the group's subtle and steady growth. Previously, FML had already made waves in the music scene by breaking the record for the highest first-week sales on the Hanteo chart. Furthermore, Seventeen had even surpassed BTS' long-standing record for the most pre-ordered K-pop album, accumulating an impressive 4.64 million pre-orders. However, their achievement was soon outdone by Stray Kids, who achieved over 5 million pre-orders for their third studio album, 5 STAR. The highly-anticipated 10th mini album, FML, marked Seventeen's comeback on April 24. With its captivating double title tracks, «Super,» the album generated substantial excitement among fans. In addition to these hit tracks, FML also featured three unit songs, namely «Fire» by the Hip-hop Team, «Dust» by the Vocal Team, and «I Don't Understand but I Luv U» by the Performance Team. The album's diverse and melodic content was further enriched by the inclusion of the group number "April Shower."

Jungkook, the youngest member of the globally popular K-pop boy band BTS is all set to release his solo digital single. The ‘Golden Maknae’ recently announced the title of his upcoming digital single, 'Seven'. This single is the first solo song released by Jungkook, since the band went into hiatus. Earlier, his duet song ‘Left & Right’ with American pop singer Charlie Puth, which was released in June 2022, became a chartbuster, becoming the fastest K-pop song to gain 600 million streams on Spotify. Earlier, BTS agency BigHit Music made the announcement about the release of ‘Seven’. According to a statement shared by them, the single will be released on July 14, 2023, at 1 PM. In the statement, BigHit Music wrote, «Hello. This is BIGHIT MUSIC. We are pleased to inform you about the release of 'Seven', the solo digital single by BTS member Jung Kook.»

At press time, the king coin was changing hands at $40,516.22 after rallying by 4.64% in the last 24 hours but slipping by 0.52% in the past week. If you’re a new user, this might be a cause of excitement for you. If you’re an old hand at this, though, you might be wondering why Bitcoin is acting more like a stablecoin these days.

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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 evaders who used cryptocurrencies to hide assets worth over 36.6 billion won ($32 million) from the government.

The Monetary Authority of Singapore has suspended operations of crypto-exchange Bitget in the country, according to a report by FT. The development follows a dispute between the K-pop band BTS and the exchange after the latter reportedly used the group’s photo to promote “Army coin.”

South Korea-based Hybe Co. is planning to expand its marketplace for non-fungible tokens (NFTs) by collaborating with celebrities not managed by the company.

South Korea’s Financial Services Commission (FSC) is currently trending in the news after reiterating that non-fungible tokens (NFT) will not be regulated since these are not virtual assets. In spite of regulatory ambiguity, the NFT marketplace in South Korea has boomed over the years.

South Korea has been amidst a regulatory shake-up in the crypto sector. Meanwhile, the 1 January 2022 deadline for tax filings to include crypto earnings is soon approaching. It is a heated topic of debate considering the majority Democratic party wanted to push the legislation for 2023.