Tag: South Korea
Digital Asset Protection Foundation Takes Proactive Measures for South Korea’s Crypto Industry
South Korea's Digital Asset Protection Foundation has launched an initiative to safeguard the rights and interests of crypto users. This effort focuse [...]
South Korea’s Crypto Tax Proposal Faces Delays Amid Political Disagreements
South Korea’s plans for a new tax regime targeting cryptocurrency gains have hit a significant roadblock. The National Assembly’s Strategy and Finance [...]
South Korean National Assembly Delays Session Over Crypto Tax Dispute
The South Korean National Assembly has postponed its plenary session, initially scheduled for November 26, 2024, due to a heated political debate over [...]
South Korea Intensifies Crackdown on Crypto Tax Evasion Ahead of New Tax Framework
South Korea's National Tax Service (NTS) is ramping up efforts to curb tax evasion involving cryptocurrencies. This move comes as the country prepares [...]
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 [...]