Opposing Political Party Suggests One Year Delay on South Korea’s Crypto Tax Law: Report
The opposition party in South Korea wants to postpone the cryptocurrency taxation rules to January 1st, 2023.
South Korea News and Updates
Recent South Korea News
Over 60 South Korean Crypto Exchanges to Shut Down Next Week
More than 60 crypto exchanges in South Korea will be shutting down next week and they have until midnight today
South Korea to Delay Cryptocurrency Taxation Laws: Report
The Democratic Party of Korea intends to pass a bill that could delay the taxation of cryptocurrency investors.
FSC Chairman Nominee Does Not See Cryptocurrencies as Real Currency
Koh Seung-beom - FSC's Chairman nominee - believes virtual currencies cannot be categorized as financial assets.
Ripple and GME Remittance Join Forces for Immediate Payments from South Korea to Thailand
GME Remittance would now be able to establish a financial bridge between South Korea and Thailand by operating on Ripple's
11 South Korean Cryptocurrency Exchanges to Shut down Amid FSC Inspection: Report
Several cryptocurrency platforms in South Korea will reportedly halt their operations as they run their businesses without the necessary licensing.
Crypto Exchanges Have to Register with South Korea Regulator by September or Risk a Ban
Cryptocurrency exchanges operating in South Korea could face severe penalties if they fail to register with the FSC by late
Another Major Korean Bank to Provide Crypto Custody Services
The South Korean financial institution - Woori Bank - will reportedly enter the digital asset custody services (DACS) market.
South Korea Investigates 33 Individuals for Illicit $1.5 Billion Crypto Transactions
The South Korean authorities have cracked down on 33 suspects who allegedly managed illegal overseas transactions with digital assets worth
South Korean Exchanges Might Sue the Government: Report
Smaller cryptocurrency exchanges in South Korea may sue the government because of unfavorable regulations.