Tag: South Korea
Paju City Targets Crypto Assets of Tax Defaulters in Pioneering Move
Paju City in South Korea’s Gyeonggi Province has announced its first initiative to sell cryptocurrencies seized from local tax defaulters. This step u [...]
South Korea Enables Crypto Exchanges to Suspend Transactions Under New Law
South Korea has introduced a new amendment to its Virtual Asset User Protection Act, allowing cryptocurrency exchanges to suspend transactions immedia [...]
South Korea to Enforce Stricter Cross-Border Crypto Rules by Q2 2025
South Korea will soon implement stricter regulations on cross-border cryptocurrency transactions, scheduled to take effect in the second quarter of 20 [...]
South Korea May Adopt Free Market Approach to Crypto, Says FSS Governor
Lee Bok-hyun, Governor of South Korea's Financial Supervisory Service (FSS), has suggested that the country may move towards a free market approach to [...]
South Korean National Assembly Investigates AVAIL Token for Price Manipulation
South Korean National Assembly is preparing for the definitive investigation on sulfur-based altcoin AVAIL because of manipulated price. Democratic Pa [...]
South Korea’s FSC Moves to Reform Crypto Regulations with Bitcoin ETFs and Corporate Accounts
The Financial Services Commission (FSC) in South Korea is preparing key steps to reshape the cryptocurrency landscape. These measures include discussi [...]
South Korean Lawmaker Introduces Amendment to Crack Down on Crypto Insider Trading and Bribery
Democratic Party lawmaker Kim Young-hwan has introduced a new amendment to South Korea's Improper Solicitation and Graft Act. This proposal aims to co [...]
South Korea Boosts Crypto Crime Fight with New Investigation Division and Strict User Protection Law
A special crypto-crime investigation division in the South Korean prosecution is preparing to launch before the spring of 2025. According to Aju Press [...]
South Korea Faces Another Setback in Cryptocurrency Tax Plans
South Korea’s plans to tax cryptocurrency gains have encountered another delay, with implementation potentially pushed to 2028. The revised proposal i [...]
Philippines to Launch Comprehensive Crypto Trading Rules
The Securities and Exchange Commission (SEC) of the Philippines is all set to follow in the footsteps of the UK and launch comprehensive rules for cry [...]
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