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South Korea

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Another investigation of cryptocurrency companies in South Korea over the Terra Collapse

Following the Terra network meltdown, the crypto sector experienced a significant change in regulatory activity. The action looks to be coming sooner...

South Korea, the United Kingdom, and Bulgaria will join forces to combat cryptocurrency tax evaders

This week, the chief of South Korea's National Tax Agency, Kim Dae-Ji, met with tax officials from Bulgaria and the United Kingdom...

The South Korean regulator will tighten digital currencies, non-financial tokens, and the metaverse oversight

Digital assets and associated innovations such as the metaverse have been added to a list of areas that one of South Korea's...

South Korea: Bitcoin investigations to ascertain household holdings

2021 was a year of change in South Korea as the administration announced several legislations in the crypto-space. And now, at the start of...

South Korea has postponed implementing a 20% digital currency tax until 2023

South Korea is delaying the implementation of its controversial 20% digital currency tax until 2023. After months of squabbling between the government...

South Korea’s parliament debates the ‘know-the-sender’ regulation

In South Korea, a contentious rule regulating the cryptocurrency business has sparked fierce discussion. The "Know-the-Sender" (KTS) regulation would make firms' cryptocurrency...

South Korea embraces the proto-Metaverse

The South Korean people and an increasing number of major companies in the country have begun to embrace and integrate the Metaverse...

How pop icons BTS made their way into the crypto tax debate in South Korea

South Korea has been amidst a regulatory shake-up in the crypto sector. Meanwhile, the 1 January 2022 deadline for tax filings to include crypto earnings...

According to reports, South Korea’s ruling party is considering postponing the implementation of cryptocurrency taxes next year

The ruling Democratic Party of South Korea's Noh Woong-rae has suggested a "Partial Amendment to the Income Tax Act" that would postpone...

South Korea Moots Proposal To Set Up Bureau To Address Crypto-Related Matters

South Korean Financial Watchdog the Korean Financial Service Commission has announced that it is planning on setting up an independent bureau that...
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Bitcoin (BTC) Under Pressure as the Bitcoin Fear & Greed Index Retreats

On Sunday, bitcoin (BTC) fell by 2.06%. Reversing a 1.20% gain from Saturday, bitcoin ended the week up 2.33% to $21,032.
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Cardano: Is ADA all set for a bull marathon amid the roll-out of node 1.35.0?

Top crypto projects such as Cardano  seem to have doubled down on their growth and development during the bear market. Input Output Hong...

Mark Zuckerberg Expects Billions of People to Use the Metaverse Generating Massive Revenue for Meta

Mark Zuckerberg on the Metaverse Mark Zuckerberg, the CEO of Meta Platforms, formerly Facebook, talked about the metaverse...

‘One Rule Book’ Cryptocurrency Regulation Proposed by SEC Chair Gensler

The Financial Times reported on Friday that SEC Chairman Gary Gensler has suggested one rule book for regulating cryptocurrencies. To prevent supervision...