South Korea

South Korea’s largest political party demands candidates declare their digital asset holdings
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19 November, 2023

South Korea’s largest political party demands candidates declare their digital asset holdings

The Democratic Party of South Korea says that holding digital assets isn’t illegal, but lying about it will lead to...
Bithumb eyes IPO in 2025 amid regulatory hurdles
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18 November, 2023

Bithumb eyes IPO in 2025 amid regulatory hurdles

Bithumb is reshaping its position as a digital currency exchange with plans to go public in South Korea in 2025,...
South Korea regulators pledge regulatory framework supporting investor protection
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20 October, 2023

South Korea regulators pledge regulatory framework supporting investor protection

Regulators in South Korea are working to establish a framework for the Virtual Asset User Protection Act, aiming to safeguard...
Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment
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9 October, 2023

Bank of Korea teams up with BIS, local institutions for wholesale CBDC experiment

The Bank of Korea is looking to develop a new monetary system that focuses on the use of a wholesale...
Busan digital asset exchange plans to include IP tokenization
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26 September, 2023

Busan digital asset exchange plans to include IP tokenization

Busan’s digital exchange—launching in 2024—will not list digital currencies, but will allow users to trade tokenized commodities.
South Koreans hold $100M in overseas digital assets amid tax rule review
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24 September, 2023

South Koreans hold $100M in overseas digital assets amid tax rule review

South Korea may revamp its tax system to tackle unreported overseas earnings in digital assets, while Indonesia plans to tax...
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