After the U.S. Fed’s announcement of tapering took crypto for a spin, a similar situation is arising in South Korea’s domestic market, as per local reports....
Like many other countries worldwide, the South Korean cryptocurrency industry has been facing major regulatory headwinds over the past few years. The country’s regulators have recently...
2021 was a year of political turmoil for crypto businesses in South Korea. After several regulatory shakeups, the country is finally ready to tax digital assets...
In recent months, Axie Infinity became a hot topic in the gaming sector, due to its explosive growth. Just in August 2021, it hit 1 million...
The National Tax Service of South Korea is increasing its efforts toward combating tax evasion and is now cracking down on the use of cryptocurrencies for...
Recurring regulatory hurdles over the past year have had a deep impact on South Korea’s booming cryptocurrency industry. Many exchanges and businesses have had to shut...
Despite fears of another regulatory crackdown, South Korea’s digital asset market has been growing well, and peer-to-peer Bitcoin trading is still surging, hitting all-time highs over...
South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services. Soon after, local reports claimed that the exchange’s largest shareholder is eyeing a...
South Korea’s anti-money laundering unit recently approved Bithumb’s application to enable crypto services after a long wait. Almost 70 days to be precise. Earlier today, Heo...
A subcommittee under South Korea’s National Assembly again discussed delaying a crypto-tax on 15 November. After multiple back and forth, the proposal for a 20% tax...