South Korea

2024: Year in regulation for digital assets
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18 December, 2024

2024: Year in regulation for digital assets

In 2024, key trends in the blockchain space include global authorities focusing on regulating stablecoins, block reward mining, and enforcing...
South Korea agrees to another 2-year ‘crypto’ tax delay
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4 December, 2024

South Korea agrees to another 2-year ‘crypto’ tax delay

The opposition Democratic Party had pledged to fight any further delays by the ruling People Power Party but has now...
South Korea’s major parties clash over 20% digital asset tax
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29 November, 2024

South Korea’s major parties clash over 20% digital asset tax

The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters
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25 November, 2024

Nepal cracks down on ‘crypto’ fraud; Paju City targets tax defaulters

Nepal struggles to contain the rising number of fraud cases involving the digital asset class; elsewhere, South Korea's Paju City...
Upbit’s license renewal in limbo; Hong Kong tightens VASP rules
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22 November, 2024

Upbit’s license renewal in limbo; Hong Kong tightens VASP rules

South Korea is uncertain whether Upbit will have its license renewed due to possible KYC breaches; elsewhere, Hong Kong advises...
South Korea tests digital vouchers, blockchain for item recovery
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13 November, 2024

South Korea tests digital vouchers, blockchain for item recovery

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with...
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