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Big one! Crypto is Fully Legal in South Korea

Big One! Cryptocurrency is Fully Legal in South Korea

Asia’s 4th largest economy, South Korea officially accepted cryptocurrency trading and holding this Wednesday. Undoubtedly, this is a remarkable decision by the South Korean...
South Korea to Tax Crypto

South Korea to Tax Crypto

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The South Korea Ministry of Finance is considering a 20% tax on income from cryptocurrencies. The watchdog is comparing the assets to winning the lottery. The...
No Crypto Tax in South Korea. For Now

No Crypto Tax in South Korea. For Now

South Korea Ministry of Finance and Strategy has revealed that the nation won't tax profit from cryptocurrency trading. Based on reports, the South Korean government...
Digital Currency South Korea

South Korean Telecom Giant Launches Digital Currency

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South Korean telecommunication company, KT has revealed plans to launch a local digital currency. The South Korean company named its proposed digital currency Dongbaek Currency....

South Korean Exchange “Prixbit” Shuts Down

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The South Korean exchange recently announced it would stop operations due to financial difficulties.  The founder said: “Due to negative internal and external influences, management difficulties...

Binance Coming to South Korea

According to news from Block In Press, Binance CEO Changpeng Zhao, also known as CZ, confirmed that the firm is “working with local partners”...

South Korean FSC Approves ICONLOOP’s Blockchain ID Verification System

The Financial Services Commission (FSC) of South Korea has chosen ICONLOOP’s ID verification solution, or so-called ‘my-ID’, to integrate into their Financial Services and...

Regulators Increase Users Liability for Crypto Exchanges in South Korea

The Korea Herald released reports on June 17, explaining that five cryptocurrency exchanges in South Korea have increased their liability to users. The actions...

South Korea’s Biggest Bank, KB Kookmin, is Entering the Crypto Space

BusinessKorea, a local news outlet in South Korea, has reported that the biggest bank in the country, KB Kookmin, has recently partnered with a...
Crypto Coins On S. Korean Flat

The South Korean Government is Cautiously Watching the Rising Cryptocurrency Market

As written about on KBS World Radio, the South Korean Government is starting to keep an eye on crypto again. This is likely due...