South Korea

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...
The CoinGeek Pulse Episode 59: Canada regulator bars Tether trading; Cuba eyes digital currency for payments, Asia updates
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3 September, 2021

The CoinGeek Pulse Episode 59: Canada regulator bars Tether trading; Cuba eyes digital currency for payments, Asia updates

The Ontario Securities Commission continues to tighten its grip on digital currency operators, recently barring digital currency platforms from offering...
South Korea creates new digital currency oversight bureau
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1 September, 2021

South Korea creates new digital currency oversight bureau

The new bureau will fall under the anti-money laundering agency and will monitor the industry for any suspicious transactions and...