South Korea News

South Korea’s finance ministry is considering imposing a 20% income tax on cryptocurrency transactions.

Crypto exchange Upbit recently completed a security overhaul in response to a hack the platform suffered in late 2019.

South Korea is at last seeing some progress in crypto regulation, and the government is benchmarking other major markets to oversee the local market.

Bithumb shows interest in a 10 billion won investment into South Korea’s regulatory free zone in Busan.

South Korean cryptocurrency exchange Bithumb establishes its own research and development center.

A South Korean presidential committee has reportedly recommended that the government allow the development of cryptocurrency derivatives in the country.

South Korea will not tax individual crypto profits yet, but legislation is in the works.

Major South Korean crypto exchange BitHumb considers administrative litigation over $68.9 million tax bill.

South Korea's central bank plans to organize a task force dedicated to central bank digital currency research in the new year.

South Korea’s second-largest city Busan announces it is launching a blockchain-based digital currency in collaboration with telecom giant KT.

Seoul-based co-working space operator SparkPlus has partnered with blockchain funding platform Kasa Korea to help innovate the city’s sharing economy.

South Korea's government plans to tax capital gains returns on cryptocurrency transactions.

KT Corporation wants to use blockchain to streamline roaming processes with China Mobile, the Chinese operator with which it is also partnering on a 5G rollout.

South Korean startup claims to have developed a new technology that could reduce blockchain transaction times to fractions of a second.

One of the addresses involved in last week’s theft from South Korean crypto exchange Upbit has successfully moved 10,000 Ether (~$1.5 million) to an unknown wal...