Cryptocurrency tax guidelines coming soon to South Korea
Regulators in South Korea could be ready to publish cryptocurrency tax guidelines as early as June, according to reports.
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South Korean merchants could see crypto payment options by 2019
Bithumb has announced its plans to open up the platform and allow its users to use cryptocurrency at more than 8,000 stores by the end of this year.
Cryptocurrency groups fight back against advertising bans
A number of cryptocurrency associations from South Korea, Russia and China have decided to file a class action lawsuit against internet advertising companies and social platforms that have decided to ban cryptocurrency and ICO advertisements.
Upbit establishes first cryptocurrency index in South Korea
The Upbit Crypto Index will be the first index in South Korea. Upbit plans on offering a total of four indices, with the first three coming online in April.
3 exchanges in South Korea face embezzlement probes
Employees at three cryptocurrency exchanges in South Korea have been taken into police custody for alleged embezzlement of their clients’ funds.
South Korea’s ICO ban may soon be relaxed
The ban could be lifted in some as-yet undefined circumstances, allowing some token issues to go ahead where they meet new criteria, according to reports.
South Korea declares cryptocurrency ban for government officials
The government has banned its officials from holding virtual currency and participating in cryptocurrency-related transactions.
South Korea opens arms to ‘normal’ crypto transactions
Besides promoting acceptance of cryptocurrencies, a South Korean official would also like to see banks work closely with crypto exchanges.
South Korea won’t ban crypto trading, but may control it
South Korean regulators have clarified their position and, at least for now, cryptocurrencies are safe.
Licensing scheme on the horizon for South Korea cryptocurrency exchanges
Members of the virtual currency task force are examining a “cryptocurrency exchange approval system” based on New York’s BitLicense, according to reports.
South Korea pins 2017 crypto theft on North’s hackers
North Korea has been engaging in related cybercrime attacks, with mounting evidence pointing to a specific unit called Lazarus, according to South Korea.
Samsung begins manufacturing cryptocurrency mining hardware
Samsung's move to create and sustain its own foundry dedicated to cryptocurrency mining is "unprecedented," an analyst said.