South Korea Delays 20% Crypto Tax Again
South Korea plans to delay its 20% crypto gains tax by two more years, marking the third postponement. Local news agencies reported on Sunday…
South Korea Investigates Upbit for 600K KYC Violations
South Korea Upbit faces scrutiny for alleged KYC violations, with potential fines of $71,500 per case. According to reports, Upbit, a…
Major South Korean Banks Join CBDC Pilot
The central bank’s CBDC pilot, which is rapidly expanding, has attracted the participation of numerous prominent South Korean banks and…
South Korea Might Lift Spot Crypto ETFs Ban Soon
Despite the Korean Institute of Finance’s concerns, South Korea’s Financial Services Commission (FSC) is considering lifting the…
South Korea Targets Cross-Border Stablecoin Transactions
The Financial Services Commission of South Korea intends to confer with the EU and Japan over stablecoin regulations. The government of South…
Nearly 200 South Koreans in their 20s Hold $750K in Crypto
According to data from Upbit and Bithumb, over 185 South Koreans in their twenties possess digital assets valued at over $750,000 Upbit and…
Bithumb Considers Nasdaq Listing For US Expansion
South Korean cryptocurrency exchange Bithumb is contemplating an expansion into the United States market to improve its global presence.…
Upbit Listing Sparks Bullish Momentum for MEW
Following significant news from the South Korean crypto exchange Upbit, the Solana-based meme currency, cat in a Dogs World, saw an apparent…
Chiliz Teams with South Korean Tech Giant for Crypto Wallet
Naver, a major South Korean internet search player, is introducing a non-custodial cryptocurrency wallet and integrating the Chiliz blockchain…
South Korea’s AI Textbooks Face Parent Skepticism
A report in The Financial Times indicates that certain parents have reservations regarding the South Korean government’s intentions to…
Terraform Labs Co-Founder Do Kwon to Be Extradited
The Appellate Court of Montenegro ruled on Thursday that Do Kwon, the co-founder of Terraform Labs, should be returned to his country of…
Montenegro Court Backs Do Kwon’s Extradition to S. Korea
The decision to transfer the Terraform co-founder to the United States or South Korea has been the subject of dispute in Montenegrin courts…
Nvidia Supplier SK Hynix to Build $6.8B Plant in South Korea
Nvidia partner SK Hynix will invest $6.8 billion in a new South Korean chip plant, enhancing its collaboration with Nvidia and hitting a…
South Korea Enforces Strict Crypto Exchange Laws
On July 19, the South Korean watchdog implemented new regulations to safeguard user assets on cryptocurrency exchanges The much-discussed new…
Hedge Funds Eye South Korea for AI Boom
Hedge funds looking for artificial intelligence-related stock market bargains are buying South Korean chipmakers, depending on a new wave of…
Samsung Workers Strike Amid Rising Union Influence in South Korea
Samsung Electronics workers began a three-day strike for better pay on Monday, threatening future action if South Korea’s largest…
South Korea Stance on Crypto Delisting
South Korea’s incoming crypto investor protection laws will see local exchanges review over 1,300 listed tokens over the next six months. A…
South Korean Students Invest in Crypto
South Korean university students increasingly invest in crypto assets, including Bitcoin (BTC), with 40% reportedly investing in tokens and…
South Korea Enforces Virtual Asset Law
The bill, scheduled to take effect on July 19, does not specify the procedures for enforcing the Protection of Virtual Asset Users Act. The…
S. Korean Crypto Firm Delio in Debt Transfer After Embezzlement
Delio, a South Korean virtual asset deposit services company, has announced the formation of a new corporation to facilitate the transfer of…