South Korea

South Korea ruling party united in push for digital currency tax delay
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30 September, 2021

South Korea ruling party united in push for digital currency tax delay

The Democratic Party of Korea has reached a consensus to push for a delay in the implementation of the 20%...
Majority of South Koreans support digital currency tax law: survey
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27 September, 2021

Majority of South Koreans support digital currency tax law: survey

A survey in South Korea found that only 33% of respondents oppose the new taxation regime, even as the government...
South Korea finance minister plays down calls to postpone digital currency taxation
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22 September, 2021

South Korea finance minister plays down calls to postpone digital currency taxation

The government will push through with the tax laws which will take effect early next year despite opposition from the...
Blockchain tapped to tackle carbon emission in South Korea
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12 September, 2021

Blockchain tapped to tackle carbon emission in South Korea

KT Corp, South Korea's top telecommunications company, established the platform to handle the lifecycle of the documents from its creation,...
South Korea could allow some digital currency exchanges to trade beyond regulatory cut-off
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11 September, 2021

South Korea could allow some digital currency exchanges to trade beyond regulatory cut-off

Legislation introduced in the country imposed a deadline on September 24 for the registration of any digital currency exchange that...
Bithumb to ban foreign users who fail mobile KYC as regulations bite harder
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9 September, 2021

Bithumb to ban foreign users who fail mobile KYC as regulations bite harder

Bithumb exchange will reportedly ban foreign users who fail to verify their identity through a mobile phone as South Korea’s...
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