South Korea Plans to Implement 20% Tax on Cryptocurrency Profits in 2023 The Government is planning a 20% tax on cryptocurrency investors making an annual income of more than 2.5 million Won.
Binance Korea to Close Operations Next Month The crypto exchange serving Korean clients announced today that it has decided to close its operations due to low ...
South Korea to Unveil Rules of Cryptocurrency Taxation in July The South Korean government was said to be considering imposing a 20 percent tax on crypto income.
A Wave of Blockchain-Based Unlisted Stock Platforms is Hitting Korea The unlisted stock trading platforms could act as a bolster to South Korea's startup ecosystem.
Korean Presidential Commission Recommends Allowing BTC Derivatives The Commission said that the creation of derivatives could lead to the institutionalization of cryptocurrencies.
Bank of Korea Has No Plans for a Central Bank Cryptocurrency BOK said giving the public direct access to a cryptocurrency could reduce commercial banks’ deposits and reserves.
Wide Blue Ocean: Why APAC is Leading the Blockchain Industry In the face of a number of hacks and regulatory changes, the APAC region has been charging ahead in ...
OKEx South Korea to Delist Five Privacy Coins The exchange will be removing support for the coins as they “violate regulatory laws”.
Adenasoft Completes Pre-IPO Investment Worth $33m The landmark deal put the valuation on Adenasoft at over $125m.
Kakao Eying to List Klay Token on a Chinese Exchange The company is expected to launch its Klip wallet later this year.
Stater Closes Down, Why Bitcoin SV Is Surging: Editor’s Pick Catch up on the most interesting stories in the FX and crypto industries this past week.
ICON Confirms Payments, Listing Partnership with Chain Partners The deal will see the two firms working together on payments and coin listings
South Korea Considers Less-Restrictive Regulations on Crypto South Korea banned ICOs in September of last year. Now, government officials want a more supportive regulatory environment.
BIS Adds Bank of Korea Governor Juyeol Lee to its Board of Directors His three-year term will come into effect in January of next year.
Coinsilium Announces Successful ICO for Fantom, $39.8 Million Raised Fantom claims that its blockchain can handle 300,000 transactions per second.
South Korean Banks Stop Issuing Accounts for Crypto Trading, Ahead of a Ban Regulatory restrictions discussed by the government are creating a difficult environment for crypto exchanges.
Korea Investment & Securities Buys Indonesian Brokerage for $36.6 Million The company failed to take over Daewoo Securities and Hyundai Securities last year.
South Korea to Allow Bitcoin Exchanges, Under Six Conditions A positive step for the industry, but the punishment for illegal activity has also been strengthened.
Tickmill Adds Vietnamese Language to Site, Shoring Up Local Market Presence Vietnam is the latest country in Southeast Asia to be targeted by Tickmill as it continues to grow its ...
Cryptocurrency Exchange CoinRoom First to List XEM in Korea NEM will collaborate with Korean fintech company Metaps Plus on the launch of the new cryptocurrency exchange.