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South korea
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News
South Korean Central Bank Launches CBDC Pilot Program
With the pilot, the regulator will access both technical and legal prospects of digital won.
Monday, 06/04/2020 | 11:01 GMT
by
Arnab Shome
News
Binance to Open South Korean Exchange with BxB Acquisition
The exchange will open trading services on April 4 followed by the initiation of withdrawals on April 9.
Tuesday, 31/03/2020 | 07:13 GMT
by
Arnab Shome
News
Top South Korean Bank Plans to Offer Bitcoin Custody
This might change the crypto landscape in the country.
Friday, 27/03/2020 | 11:49 GMT
by
Arnab Shome
Regulation
South Korea Implements Further Measures to Address FX Liquidity Issues
The government will loosen the foreign exchange liquidity coverage ratio for banks.
Thursday, 26/03/2020 | 06:22 GMT
by
Celeste Skinner
News
Crypto Trading Volume Plummets Over 60% on South Korean Exchanges
The country recently regulated the exchanges, mandating their exchanges to register with the KISA
Monday, 23/03/2020 | 13:18 GMT
by
Arnab Shome
Regulation
South Korea Eases FX Derivatives Rules to Combat USD Shortage
As traders flock to the USD, South Korea is trying to address the mismatches in dollar liquidity.
Wednesday, 18/03/2020 | 07:35 GMT
by
Celeste Skinner
News
South Korea Brings New Law to Legitimize Crypto
This mandates licensing for operating crypto exchanges.
Thursday, 05/03/2020 | 12:39 GMT
by
Arnab Shome
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News
Litecoin Foundation, MeconCash Partner for Korean Fiat Withdrawal
The companies will extend their partnership in the future.
Friday, 28/02/2020 | 07:25 GMT
by
Arnab Shome
News
Bithumb, BitMax Partner to Build Blockchain Infrastructure
The South Korean exchange is expecting to bolster its global presence with this partnership.
Tuesday, 18/02/2020 | 07:17 GMT
by
Arnab Shome
News
South Korean Crypto Wallet Bitberry to Shut Services
The platform failed to gain financial reinforcements from its sister company.
Monday, 03/02/2020 | 09:38 GMT
by
Arnab Shome
News
South Korea Considers Classing Crypto Earnings as 'Other Income'
This category includes honorarium income and prize winnings.
Monday, 20/01/2020 | 08:42 GMT
by
Arnab Shome
News
Bithumb Takes $69M Withheld Tax Dispute to Court
The tribunal will have 90 days to grant or dismiss the motion.
Thursday, 16/01/2020 | 10:11 GMT
by
Arnab Shome
News
Upbit Upgrades ETH Wallet Security Following $50M Hack
The exchange introduced new wallet addresses as the previous ones were scrapped.
Tuesday, 14/01/2020 | 10:25 GMT
by
Arnab Shome
Analysis
Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick
Keep up to date with the most interesting crypto and FX news stories so far in 2020.
Sunday, 05/01/2020 | 12:10 GMT
by
Celeste Skinner
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News
South Korea Won't Tax Crypto Profits
A lack of definition of “virtual currencies” in the country's law has made it difficult to properly tax the earnings.
Thursday, 02/01/2020 | 09:51 GMT
by
Arnab Shome
News
Korean Tax Authority Slaps Bithumb with $69 Million in Withholding Tax
The country does not have any law to access the books of crypto businesses.
Monday, 30/12/2019 | 08:19 GMT
by
Arnab Shome
News
South Korean Central Bank to Form Digital Currency Task Force
The bank will hire experts to join the study.
Friday, 27/12/2019 | 12:04 GMT
by
Arnab Shome
News
South Korea to Impose Capital Gains Tax on Crypto
The finance ministry of the country is tasked to prepare a draft bill by the first half of next year.
Monday, 09/12/2019 | 10:42 GMT
by
Arnab Shome
News
DXM, Ledger Developing a Crypto Custody Service for Institutions
The platform will be backed by Ledger Vault.
Thursday, 05/12/2019 | 06:21 GMT
by
Arnab Shome
News
Kakao Set to Launch Its Crypto Wallet Klip in H1 2020
The wallet platform will support DApps and will be integrated within KakaoTalk.
Monday, 02/12/2019 | 08:32 GMT
by
Arnab Shome
Analysis
Bakkt Volumes Soar, Scope Markets Enters Kenya: Editor’s Pick
Stay up to date with the most interesting news in the FX and crypto space.
Sunday, 01/12/2019 | 09:14 GMT
by
Celeste Skinner
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News
Asian Expansion: Binance Forms a Local Entity in South Korea
The next step might be opening a local exchange in the country.
Friday, 01/11/2019 | 11:22 GMT
by
Arnab Shome
News
$333 Million Bithumb Acquisition Deal Might Fall Apart
The payment deadline has been extended twice since the signing of the deal.
Monday, 30/09/2019 | 12:17 GMT
by
Arnab Shome
News
Korean Music Giant SM Entertainment Planning to Launch Own Crypto
Fans will be able to invest in artists' works with the digital currency.
Friday, 06/09/2019 | 09:25 GMT
by
Arnab Shome
News
Crypto Exchange Prixbit Shuts Down due to Financial Crunch
97 percent of South Korean crypto exchanges are facing a financial crisis, a report revealed.
Wednesday, 21/08/2019 | 06:56 GMT
by
Arnab Shome
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