The opposition party in South Korea wants to postpone the cryptocurrency taxation rules to January 1st, 2023.
Recent South Korea News
More than 60 crypto exchanges in South Korea will be shutting down next week and they have until midnight today
The Democratic Party of Korea intends to pass a bill that could delay the taxation of cryptocurrency investors.
Koh Seung-beom - FSC's Chairman nominee - believes virtual currencies cannot be categorized as financial assets.
GME Remittance would now be able to establish a financial bridge between South Korea and Thailand by operating on Ripple's
Several cryptocurrency platforms in South Korea will reportedly halt their operations as they run their businesses without the necessary licensing.
Cryptocurrency exchanges operating in South Korea could face severe penalties if they fail to register with the FSC by late
The South Korean financial institution - Woori Bank - will reportedly enter the digital asset custody services (DACS) market.
The South Korean authorities have cracked down on 33 suspects who allegedly managed illegal overseas transactions with digital assets worth
Smaller cryptocurrency exchanges in South Korea may sue the government because of unfavorable regulations.