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News
South Korean Central Bank Launches CBDC Pilot Program
2020-04-06T13:01:51.000+02:00
With the pilot, the regulator will access both technical and legal prospects of digital won.
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Binance to Open South Korean Exchange with BxB Acquisition
2020-03-31T09:13:57.000+02:00
The exchange will open trading services on April 4 followed by the initiation of withdrawals on April 9.
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Top South Korean Bank Plans to Offer Bitcoin Custody
2020-03-27T13:49:31.000+02:00
This might change the crypto landscape in the country.
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Regulation
South Korea Implements Further Measures to Address FX Liquidity Issues
2020-03-26T08:22:22.000+02:00
The government will loosen the foreign exchange liquidity coverage ratio for banks.
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News
Crypto Trading Volume Plummets Over 60% on South Korean Exchanges
2020-03-23T15:18:08.000+02:00
The country recently regulated the exchanges, mandating their exchanges to register with the KISA
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Regulation
South Korea Eases FX Derivatives Rules to Combat USD Shortage
2020-03-18T09:35:06.000+02:00
As traders flock to the USD, South Korea is trying to address the mismatches in dollar liquidity.
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South Korea Brings New Law to Legitimize Crypto
2020-03-05T14:39:16.000+02:00
This mandates licensing for operating crypto exchanges.
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Litecoin Foundation, MeconCash Partner for Korean Fiat Withdrawal
2020-02-28T09:25:46.000+02:00
The companies will extend their partnership in the future.
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News
Bithumb, BitMax Partner to Build Blockchain Infrastructure
2020-02-18T09:17:44.000+02:00
The South Korean exchange is expecting to bolster its global presence with this partnership.
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South Korean Crypto Wallet Bitberry to Shut Services
2020-02-03T11:38:58.000+02:00
The platform failed to gain financial reinforcements from its sister company.
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South Korea Considers Classing Crypto Earnings as 'Other Income'
2020-01-20T10:42:04.000+02:00
This category includes honorarium income and prize winnings.
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Bithumb Takes $69M Withheld Tax Dispute to Court
2020-01-16T12:11:52.000+02:00
The tribunal will have 90 days to grant or dismiss the motion.
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News
Upbit Upgrades ETH Wallet Security Following $50M Hack
2020-01-14T12:25:56.000+02:00
The exchange introduced new wallet addresses as the previous ones were scrapped.
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Analysis
Vanguard Joins Fee-Free Race, Bithumb Fined $69 Million: Editor’s Pick
2020-01-05T14:10:31.000+02:00
Keep up to date with the most interesting crypto and FX news stories so far in 2020.
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South Korea Won't Tax Crypto Profits
2020-01-02T11:51:25.000+02:00
A lack of definition of “virtual currencies” in the country's law has made it difficult to properly tax the earnings.
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Korean Tax Authority Slaps Bithumb with $69 Million in Withholding Tax
2019-12-30T10:19:28.000+02:00
The country does not have any law to access the books of crypto businesses.
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News
South Korean Central Bank to Form Digital Currency Task Force
2019-12-27T14:04:01.000+02:00
The bank will hire experts to join the study.
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South Korea to Impose Capital Gains Tax on Crypto
2019-12-09T12:42:43.000+02:00
The finance ministry of the country is tasked to prepare a draft bill by the first half of next year.
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DXM, Ledger Developing a Crypto Custody Service for Institutions
2019-12-05T08:21:39.000+02:00
The platform will be backed by Ledger Vault.
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Kakao Set to Launch Its Crypto Wallet Klip in H1 2020
2019-12-02T10:32:36.000+02:00
The wallet platform will support DApps and will be integrated within KakaoTalk.
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Analysis
Bakkt Volumes Soar, Scope Markets Enters Kenya: Editor’s Pick
2019-12-01T11:14:40.000+02:00
Stay up to date with the most interesting news in the FX and crypto space.
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Asian Expansion: Binance Forms a Local Entity in South Korea
2019-11-01T13:22:32.000+02:00
The next step might be opening a local exchange in the country.
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$333 Million Bithumb Acquisition Deal Might Fall Apart
2019-09-30T14:17:55.000+02:00
The payment deadline has been extended twice since the signing of the deal.
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Korean Music Giant SM Entertainment Planning to Launch Own Crypto
2019-09-06T11:25:01.000+02:00
Fans will be able to invest in artists' works with the digital currency.
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News
Crypto Exchange Prixbit Shuts Down due to Financial Crunch
2019-08-21T08:56:53.000+02:00
97 percent of South Korean crypto exchanges are facing a financial crisis, a report revealed.
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