South Korea

South Korea wants to tax digital currency income from 2021
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29 May, 2020

South Korea wants to tax digital currency income from 2021

South Korea has proposed levying taxes on digital currency income beginning next year. The country will also tax mining operations...
Bank of Korea eyes CBDC amid improving blockchain tech
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23 May, 2020

Bank of Korea eyes CBDC amid improving blockchain tech

Developments in payment settlements were pushing central banks towards taking a more serious look at digital currencies.
South Korean operator of BTC-linked child porn ring faces US extradition
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22 May, 2020

South Korean operator of BTC-linked child porn ring faces US extradition

Son Jong-woo faced extradition to the United States on charges related to the Welcome to Video site.
South Korea fintech sandbox attracts $111M funding, creates 380 jobs
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20 May, 2020

South Korea fintech sandbox attracts $111M funding, creates 380 jobs

South Korea has revealed that its fintech sandbox has been a massive success, with $111 million worth of investment attracted...
SK Telecom launches blockchain-powered 5G phone
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18 May, 2020

SK Telecom launches blockchain-powered 5G phone

Korean carrier SK Telecom launched what it says is the world’s first 5G smartphone. The phone is powered by blockchain...
South Korean city employing blockchain to man self-driving vehicles
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16 May, 2020

South Korean city employing blockchain to man self-driving vehicles

Sejong City in South Korea is turning to blockchain to develop decentralized identifiers for autonomous vehicles. The platform will make...
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