South Korea

South Korea Plans to Begin Taxing Inherited or Gifted Crypto

A 20 percent tax would be imposed on earnings exceeding 2.5 million won. Taxing virtual assets has been postponed until

2 weeks ago 2 mins read

First Politician to Issue NFTs for His Supporters in South Korea

In political history, raising elections funds in digital assets and distributing non-fungible tokens (NFTs) for all the supporters is an

2 weeks ago 2 mins read

South Korean Province Captured Over $5M Worth Crypto for Unpaid Fines

Gyeonggi province had captured 6.1 billion won in cryptocurrencies. The regulators have organized an investigation of 29,656 companies. The frozen

4 months ago 2 mins read

South Korea FSC Has announced Deadline for Over 60 Crypto Exchange

South Korea FSC has set a deadline for over 60 crypto exchanges. Crypto exchanges need to partner with south Korean

4 months ago 2 mins read

South Korea’s FSC Has Shut Down 11 Local Exchanges

South Korea is one of the major countries where the majority of people are involved in the cryptocurrency industry. Many

6 months ago 3 mins read

South Korea Tightens Foreign Crypto Exchanges Regulation

South Korea is moving forward with its regulatory investigation of unregistered digital currency exchanges. Thus as of late, asking foreign

6 months ago 2 mins read

KFC Signs MOU With TriumphX for NFTs in South Korea

The Kentucky Fried Chicken (KFC) needs no further introduction as it is one of the world’s largest fast-food chains operating

6 months ago 3 mins read

The FCA of South Korea Plans To Regulate Crypto Space

South Korea is debating four crypto-related bills for cryptocurrency regulation. The regulators are into the research process of analyzing 578

6 months ago 2 mins read

South Korea Snatches off $47 Million From Tax Evaders

All the major countries all over the world are completely submerged into regulations and reforms in their cryptocurrency industry. This

7 months ago 3 mins read

Seoul Police Seized South Korean’s Crypto Exchange Bithumb for Third Time

Bithumb, the largest cryptocurrency exchange in South Korea, was reportedly raided for the third time, by Seoul Metropolitan Police Agency’s

1 year ago 2 mins read